Financial Data and Key Metrics Changes - Celsius Holdings reported revenue of $739.3 million for Q2 2025, an 84% year-over-year increase, primarily driven by $301.2 million from the ALAANI New brand and $438.1 million from the Celsius brand [6][20] - Adjusted EBITDA reached a record of over $200 million, reflecting strong growth and operational efficiency [7][26] - Net income for Q2 was $99.6 million, compared to $79.8 million in the prior year, with adjusted diluted EPS increasing to $0.47 from $0.28 [25][26] Business Line Data and Key Metrics Changes - The ALAANI New brand experienced a 129% increase in dollar sales, making it the largest share gainer in the RTD energy category [12][13] - The Celsius brand saw a 9% year-over-year revenue increase, supported by improved velocity and expanded distribution [20] - Total points of distribution and items per store rose approximately 23%, with velocity increasing by 20% quarter-over-quarter [12] Market Data and Key Metrics Changes - The RTD energy category grew 15.2% year-over-year in Q2, with Celsius Holdings outpacing the category with a 28.9% increase in dollar sales [11] - International revenue grew 27% year-over-year, with strong contributions from Australia, the UK, and France [16] - The Celsius portfolio achieved a 43% household penetration, with the Celsius brand at 34% and ALAANI New at 22% [11][92] Company Strategy and Development Direction - The company focuses on delivering excellent customer service, supporting robust distribution growth, and driving innovation [7][9] - Celsius Holdings aims to achieve $50 million in run-rate cost synergies over two years post-acquisition of ALAANI New, contributing to strong pro forma profitability [7] - The company is investing in brand awareness and expanding its marketing efforts, including a national TV commercial during NFL broadcasts [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong growth trajectory, driven by intentional consumer choices towards functional, zero-sugar products [10] - The company anticipates margin pressure in the second half of the year due to higher input costs, particularly from tariffs on raw materials [7][21] - Management remains focused on profitable growth and operational discipline, with plans to continue leveraging synergies from the ALAANI New acquisition [28] Other Important Information - The Celsius brand was the number one trademark in RTD energy on Amazon during the summer Prime Day event, achieving an 18.4% share [15] - The company is building capabilities in systems, supply chain, and analytics to support growth [17] - Celsius Holdings achieved a significant retail milestone, surpassing $4 billion in retail sales over the past 52 weeks [13] Q&A Session Summary Question: Can you provide insights on gross margin performance and future expectations? - Management highlighted strong gross margins driven by higher-margin products and operational efficiencies, with expectations for continued margin strength despite potential tariff impacts [30][32][39] Question: What are the expectations for ALAANI shipments versus takeaway? - Management indicated that shipments and sell-through are closely aligned, with robust growth expected for the ALAANI brand, particularly with upcoming limited-time offers [44][46] Question: Can you discuss international expansion plans? - Management expressed excitement about international opportunities, with a focus on building teams and executing strategies in markets like the UK, Ireland, and Australia [56][58] Question: What is the revenue contribution from the Costco channel? - Management confirmed that the Costco channel is significant, with promotional activities contributing to revenue growth, and adjustments made for the timing of promotions [63][65] Question: How is the Celsius brand performing and what are the drivers of its growth? - Management noted a return to growth for the Celsius brand, driven by new marketing campaigns and product innovations, with expectations for continued momentum [69][72][92]

8月7日，宜宾五粮液仙林生态酒业有限公司在其官微上表示，将于8月15日正式上市一款中式五粮精酿 啤酒，命名"风火轮"。风火轮是一款独特添加"五粮"原料突出谷物风味的"中式五粮精酿啤酒"，该产品 以时尚环保的覆膜铝罐包装形式呈现，建议零售价为19.5元/罐。 对此，白酒分析师肖竹青对南都湾财社记者表示，白酒巨头进军啤酒赛道具备竞争优势，五粮液拥有渠 道网络资源、供应链资源、品牌势能和营销团队资源很容易在精酿啤酒赛道取得竞争优势。目前，精酿 啤酒赛道上并没有超级霸主。 来源于宜宾五粮液仙林生态酒业有限公司 采写：南都·湾财社记者 张海霞 事实上，五粮液并非首个进军啤酒领域的白酒企业。日前，上市公司珍酒李渡和华致酒行实际控制人、 董事长吴向东在其个人视频号上宣布，将在8月8日推出一款新的啤酒产品。这款啤酒被吴向东定义 为"超级啤酒"；吴向东表示要把新的一种"悦人悦己生活方式带给大家"。 此外，泸州老窖（000568.SZ）旗下子公司也曾推出泸州老窖"百调"等啤酒品牌。泸州老窖相关工作人 员曾表示，公司的啤酒业务仍处于尝试阶段；目前，公司尚未对啤酒业务发展做出长期规划，会根据啤 酒业务自身发展情况再做后续安排。 从毛 ...

Financial Performance - Q2 2025 revenue reached $739 million, an 84% year-over-year increase, driven by Alani Nu's $301.2 million revenue contribution[31] - Gross profit for Q2 2025 was $381 million, an 82% year-over-year increase, with a gross margin of 51.5%[31, 32] - Adjusted EBITDA for Q2 2025 increased by 109% to $210 million, resulting in an adjusted EBITDA margin of 28.4%[31, 32] - Net income for Q2 2025 rose by 25% to $99.9 million[31, 32] - Adjusted diluted EPS for Q2 2025 increased by 68% year-over-year to $0.47[31, 32] - For the first half of 2025, revenue was $1.07 billion, a 41% increase compared to the first half of 2024[15, 32] Market Position and Growth - Celsius Holdings' portfolio surpassed $4 billion in past-52-week tracked retail sales as of July 20, 2025[31] - The Alani Nu brand delivered +129% year-over-year retail growth and added +3.1 points of share in Q2 2025[31] - Celsius Holdings contributed 13% of all energy drink category growth in 1H 2025 and holds 99.3% ACV[15] - Celsius Holdings is the 3 energy drink portfolio in the U S with a total U S share of 16 8% in tracked channels in 1H 2025[15]

Core Insights - Primo Brands Corporation reported its second quarter results for 2025, highlighting significant operational changes and challenges following its merger with Blue Triton Brands [1][2][3] Financial Performance - Net sales increased by 31.6% to $1.73 billion compared to $1.31 billion in Q2 2024, primarily driven by the merger with Primo Water [7][11] - Net income from continuing operations decreased to $30.5 million, or $0.08 per diluted share, down from $54.5 million, or $0.25 per diluted share in the same quarter last year [7][11] - Adjusted net income rose to $137.1 million, or $0.36 per diluted share, compared to $76.7 million, or $0.35 per diluted share in Q2 2024 [7][11] - Adjusted EBITDA increased by 42.1% to $366.7 million, with an adjusted EBITDA margin of 21.2%, up from 19.6% [7][11] Operational Developments - The company faced challenges due to tornado damage at its Hawkins, Texas facility and service issues during the integration process, but has since restarted operations at Hawkins and is addressing service disruptions [2][3] - The company is on track to achieve targeted cost synergies of $200 million in 2025 and $300 million in 2026 [2][10] Strategic Initiatives - A new share repurchase program of up to $250 million has been authorized to return value to shareholders [9][10] - The company declared a quarterly dividend of $0.10 per share, payable on September 4, 2025 [8][10] Market Position - Despite challenges, the company continues to see strong consumer demand for healthy hydration products and has experienced retail share growth in July [3][10] - The long-term growth algorithm is reaffirmed at 3% to 5% organic net sales growth post-2025 [10]

Core Insights - Celsius reported strong Q2 2025 results with significant revenue and earnings beats, driven by organic growth and the acquisition of Alani Nu [1][5][12] Financial Performance - GAAP revenue reached $739.3 million, exceeding analyst expectations of $655.7 million, marking an 84% year-over-year increase from $402.0 million in Q2 2024 [2][5] - Adjusted diluted earnings per share (EPS) were $0.47, surpassing the $0.21 estimate and up 68% from $0.28 in Q2 2024 [2][5] - Gross margin was 51.5%, slightly down from 52.0% in Q2 2024, influenced by the lower margin profile of Alani Nu and a one-time inventory adjustment [2][7] - Adjusted EBITDA reached $210.3 million, more than double the $100.4 million from the previous year, reflecting strong core profitability [2][7] - Net income was $99.9 million, a 25.1% increase from $79.8 million in Q2 2024 [2] Market Dynamics - North America generated $714.5 million in GAAP sales, an 87% increase year-over-year, while international sales grew 27% to $24.8 million [6] - The combined Celsius and Alani Nu brands hold 17.3% of the U.S. ready-to-drink energy market share, up 1.8 percentage points year-over-year [6] Strategic Focus - Celsius aims to expand distribution through partnerships, particularly with PepsiCo, and drive product innovation to attract health-conscious consumers [4][11] - The acquisition of Alani Nu is expected to enhance scale and introduce new product lines targeting a younger demographic [4][10] Operational Insights - Selling, general and administrative (SG&A) expenses more than doubled to $237.9 million, attributed to Alani Nu integration and increased marketing investments [8] - The core Celsius brand's revenue growth slowed to 9% year-over-year, indicating reliance on both organic growth and acquisitions [8] Future Outlook - Management did not provide specific financial guidance for the remainder of fiscal 2025, focusing instead on existing trends and integration risks from the Alani Nu acquisition [12] - Key areas to monitor include SG&A expense trends, Alani Nu integration impacts on margins, and market share sustainability in the U.S. energy category [13]

Financial Performance Highlights - Swire Pacific's underlying profit decreased by 2% to HK$5476 million in 1H2025, compared to HK$5576 million in 1H2024 [24, 34] - Recurring underlying profit decreased slightly by 1% to HK$4712 million in 1H2025 from HK$4762 million in 1H2024 [24, 34] - Ordinary dividend per 'A' share increased by 4% to HK$130 [24, 31, 34] - Revenue increased by 16% to HK$45774 million in 1H2025 from HK$39563 million in 1H2024 [34] Business Segment Performance - Property division's underlying profit increased by 15% to HK$4406 million [56] - Beverages division's attributable profit decreased by 9% to HK$803 million [89] - Aviation division (Cathay group) attributable profit increased by 1% to HK$1642 million [38, 98] - HAECO group recurring profit increased significantly by 40% to HK$561 million [30, 98, 118] Property Investment and Development - 67% committed in HK$100 billion investment plan [22, 58] - Completed the sale of interests in Brickell City Centre retail and parking spaces, as well as the adjacent sites, in Miami, USA [22] - Chinese Mainland portfolio contributed 42% attributable gross rental income in 1H2025 [71, 73] Beverages - Swire Coca-Cola - Revenue increased by 25% to HK$22188 million [89] - EBITDA margin remained almost flat at 128% [89, 91] - Inaugurated a new US$136 million flagship plant in Tay Ninh, Vietnam [78] Aviation - Cathay Pacific and HAECO - Cathay group reported a group profit of HK$43 billion [101] - HAECO group achieved a 40% growth in recurring profit [30, 98, 118]

Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...

天眼查App显示，8月5日，农夫山泉湖北丹江口（均州）饮料有限公司发生工商变更，钟睒睒卸任法定 代表人、郭振卸任经理，均由饶明红接任。该公司成立于2017年7月，注册资本5000万人民币，经营范 围包括饮料生产、食品销售、食品生产、食品添加剂生产、食用农产品初加工、食用农产品批发等。股 东信息显示，该公司由农夫山泉全资持股。 ...

Core Insights - The Coca-Cola Company's ambition to enter the global coffee segment is ongoing, with the acquisition of Costa aimed at unlocking various verticals, including retail and ready-to-drink formats, although progress has been slower than expected [1][2][3] Company Strategy - Management has acknowledged that the initial investment hypothesis for Costa has not fully materialized, with growth primarily in physical locations rather than diversified platforms [2] - Despite underperformance, Costa remains profitable and strategically important, with Coca-Cola focusing on affordability, store refreshment, and service speed to stabilize its performance while pursuing long-term transformation initiatives [3][9] Future Outlook - Coca-Cola is likely to adopt a more measured and insight-driven approach to its coffee strategy, leveraging its existing $30 billion brands and innovation pipeline to tap into global consumption trends [4] - The coffee segment is viewed as a strategic growth lever with untapped potential, contingent on aligning execution with evolving consumer behavior [4] Competitive Landscape - Competitors like PepsiCo and Keurig Dr Pepper are also enhancing their presence in the coffee market, with unique brand partnerships and distribution strengths [5] - PepsiCo's coffee focus remains limited, but it may explore selective innovations or partnerships in the future [6] - Keurig Dr Pepper has shown sequential improvement in its coffee business, focusing on premium and cold segments despite facing near-term cost and tariff challenges [7] Financial Performance - Coca-Cola's shares have increased by 10.9% year-to-date, outperforming the industry growth of 3.7% [8] - The company trades at a forward price-to-earnings ratio of 22.11X, significantly higher than the industry's 17.39X [10] - The Zacks Consensus Estimate for Coca-Cola's earnings implies year-over-year growth of 3.1% for 2025 and 8.3% for 2026, with recent estimates remaining unchanged [12]

Core Insights - Diageo plc reported a decline in pre-exceptional earnings per share by 8.6% year over year to 164.2 cents, primarily due to lower contributions from Moët Hennessy and adverse currency effects [1][8] - Net sales decreased by 0.1% year over year to $20.2 billion, impacted by unfavorable currency effects and adjustments from acquisitions and disposals, despite improved organic sales [2][8] Financial Performance - Organic net sales increased by 1.7% year over year, supported by a 0.9% growth in organic volume and a 0.8% improvement in price/mix [3] - The reported operating profit fell by 27.8% year over year to $4.3 billion, influenced by exceptional impairment and restructuring charges, unfavorable currency movements, and a contraction in organic operating margin [9] - Organic operating profit decreased by 0.7% year over year, with a reported operating margin contraction of 819 basis points [10] Regional Performance - Volume declined in North America and Europe due to a cautious consumer environment, while volume gains were observed in the Asia Pacific, Africa, and Latin America [4] - North America experienced positive price/mix contributions driven by tequila, particularly aged variants, while Europe saw growth from Guinness [5] Future Outlook - Diageo anticipates organic net sales for fiscal 2026 to be broadly in line with fiscal 2025, with growth expected to be weighted towards the second half of the fiscal year [13] - The company forecasts mid-single-digit growth in organic operating profit for fiscal 2026, primarily driven by cost savings under its Accelerate Program [14] - Capital expenditures are projected to be between $1.2 billion and $1.3 billion, with free cash flow expected to reach $3 billion [15]