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Business Wire
6 days ago
- Business
- Business Wire
Celsius Holdings Reports Second Quarter 2025 Financial Results
- Record quarterly revenue of $739M reflects Alani Nu ® acquisition and accelerating demand for Celsius Holdings' modern energy portfolio, which is driving category growth Celsius Holdings reaches 17.3% share of US energy drink category, up 180bps versus a year ago, led by demand for zero sugar, functional beverages 1 Results reflect the company's focus on execution in a fast-growing, consumer-led category undergoing rapid transformation BOCA RATON, Fla.--(BUSINESS WIRE)--Celsius Holdings, Inc. (Nasdaq: CELH) ('Celsius Holdings' or 'the company') today reported second quarter 2025 financial results. Celsius Holdings delivered strong results in the second quarter, supported by solid sales growth for the CELSIUS and Alani Nu brands and operational efficiencies across our business. Share Summary of Second Quarter 2025 Financial Results Summary Financials 2Q 2025 2Q 2024 Change 1H 2025 1H 2024 Change (Millions except for percentages and EPS) Revenue $739.3 $402.0 84% $1,068.5 $757.7 41% N. America $714.5 $382.4 87% $1,021.0 $721.9 41% International $24.8 $19.6 27% $47.5 $35.8 33% Gross Margin 51.5% 52.0% -50 BPS 51.8% 51.6% +20 BPS Net Income $99.9 $79.8 25% $144.3 $157.6 (8)% Net Income att. to Common Shareholders $85.7 $66.7 28% $119.9 $131.5 (9)% Diluted EPS $0.33 $0.28 18% $0.48 $0.55 (13)% Adjusted Diluted EPS* $0.47 $0.28 68% $0.65 $0.55 18% Adjusted EBITDA* $210.3 $100.4 109% $280.0 $188.4 49% Expand *The company reports financial results in accordance with generally accepted accounting principles in the United States ('GAAP'), but management believes that disclosure of Adjusted EBITDA and Adjusted Diluted EPS, which are non-GAAP financial measures that management uses to assess our performance, may provide users with additional insights into operating performance. Please see 'Use of Non-GAAP Measures' and reconciliations of these non-GAAP measures to the most directly comparable GAAP measures, both of which can be found below. Expand John Fieldly, Chairman and CEO of Celsius Holdings, said: 'Celsius Holdings delivered strong results in the second quarter, supported by solid sales growth for the CELSIUS and Alani Nu brands and operational efficiencies across our business. As momentum builds across the energy category, our brands continue to lead - driving household penetration, expanding shelf space and outperforming expectations. We believe modern energy is one of the most exciting growth opportunities in beverages today, and Celsius Holdings is defining the category's future. We remain focused on disciplined execution, organizational excellence and long-term growth.' FINANCIAL AND MARKET HIGHLIGHTS FOR THE SECOND QUARTER OF 2025 For the three months ended June 30, 2025, revenue totaled approximately $739.3 million, compared to $402.0 million for the prior-year period, representing 84% growth. The increase was primarily driven by $301.2 million of revenue from the Alani Nu ® brand which we acquired on April 1, 2025. Alani Nu achieved record sales fueled by strong limited-time-offer (LTO) innovation performance and organic growth across the brand's core flavors. CELSIUS ® brand revenue grew 9% in the second quarter compared to the same period last year supported by favorable channel mix, increases in total distribution points and velocity gains. International revenue totaled $24.8 million for the second quarter of 2025, representing a 27% increase compared to the same period in 2024 driven by continued momentum in our expansion markets including the UK, Ireland, France, Australia, New Zealand and the Netherlands. For the three months ended June 30, 2025, gross profit increased by $171.8 million to $380.9 million from $209.1 million for the prior-year period. Gross profit margin was 51.5% for the three months ended June 30, 2025, compared to 52.0% for the same period in 2024. Gross margin improvements were driven by lower material costs, price mix, and favorable channel and portfolio mix but were offset by the impact of Alani Nu's margin profile, which included a $21.7 million dollar inventory step up adjustment (although Alani Nu was favorably impacted by product mix, price mix, material costs, and freight costs). As inventory is recorded on a first in first out basis, the impact from tariffs was not significant during the quarter. Selling, general and administrative expenses for the three months ended June 30, 2025, increased $123.0 million, or 107%, to $237.9 million from $114.9 million for the year-ago period, primarily due to the addition of Alani Nu to the portfolio and acquisition-related costs, including recognition of the full performance earn out. Selling, general and administrative expenses represented 32.2% of revenue in the second quarter of 2025. Investment in our Live. Fit. Go. marketing campaign, launched in the second quarter, will continue to increase in the second half of 2025. Diluted earnings per share for the second quarter of 2025 was $0.33 compared to $0.28 for the prior-year period. Non-GAAP adjusted diluted earnings per share for the second quarter of 2025 was $0.47 compared to $0.28 for the prior-year period. Retail Performance Retailer enthusiasm and consumer demand continue to validate the company's brand leadership in modern energy, a category now accelerating across channels and demographics. Retail sales of the Celsius Holdings portfolio in U.S. tracked channels (MULO+ w/C) reflected increasing consumer demand for sugar free, functional beverages for the 13-week period ended June 29, 2025 2. Celsius Holdings retail sales increased 29% year over year and 25% sequentially 3, with month-over-month retail sales growth since January 2025. Celsius Holdings held a 17.3% dollar share in the U.S. RTD energy category for the period, a 1.8 point year-over-year increase and 1.1 point sequential increase. CELSIUS brand retail sales increased 3% year over year for the 13-week period ended June 29, 2025, and 17.6% sequentially 4, with month-over-month retail sales growth since January 2025. The CELSIUS brand held an 11% dollar share in the U.S. RTD energy category for the period, a 1.3 point decline over the year-ago period. Sequential dollar share increased slightly (+8 bps) over the prior period. 5 Alani Nu brand retail sales increased 129% year over year for the 13-week period ended June 29, 2025, and 39% sequentially, 6 marking one of the fastest accelerations in the category and underscoring the brand's resonance with younger, more diverse energy consumers. The Alani Nu brand held a 6.3% dollar share in the U.S. RTD energy category for the period, a 3.1 point increase over the year-ago period. Sequential dollar share increased by 1 point over the prior 13-week period. 7 Strong retailer support and rising consumer demand for great-tasting, better-for-you functional beverages have propelled Celsius Holdings' past-52-week RTD energy retail sales to over $4 billion, surpassing the combined sales of the next eight RTD energy drink brands in the same period. 8 FINANCIAL AND MARKET HIGHLIGHTS FOR THE FIRST HALF OF 2025 For the six months ended June 30, 2025, revenue totaled approximately $1,068.5 million, compared to $757.7 million for the prior-year period, representing growth of 41.0%. The increase was primarily driven by $301.2 million of revenue from the Alani Nu brand in the second quarter of 2025. International revenue totaled $47.5 million for the first half of 2025, representing a 33% increase compared to the first half of 2024, driven by continued momentum in expansion markets, including the UK, Ireland, France, Australia, New Zealand and the Netherlands as well as growth in Nordic markets. For the six months ended June 30, 2025, gross profit increased by $161.9 million to $553.2 million from $391.3 million for the six months ended June 30, 2024. Gross profit margin was 51.8% for the six months ended June 30, 2025, a 20-basis-point increase from 51.6% for the same period in 2024, driven by lower material costs, price mix, and favorable channel and portfolio mix which were partially offset by the impact of Alani Nu's margin profile which included a $21.7 million dollar inventory step up adjustment (although Alani Nu was favorably impacted in the second quarter by product mix, price mix, material costs, and freight costs). Selling, general and administrative expenses for the six months ended June 30, 2025, increased $144.4 million, or 68%, to $358.2 million from $213.9 million for the prior-year period. Diluted earnings per share for the first half of 2025 was $0.48 compared to $0.55 for the prior-year period. Non-GAAP adjusted diluted earnings per share for the first half of 2025 was $0.65 compared to $0.55 for the prior-year period. Second Quarter 2025 Earnings Webcast Management will host a webcast today, Thursday, Aug. 7, 2025, at 8:00 a.m. ET to discuss the company's second quarter 2025 financial results with the investment community. Investors are invited to join the webcast accessible from Downloadable files, an audio replay and transcript will be made available on the Celsius Holdings investor relations website. About Celsius Holdings, Inc. Celsius Holdings, Inc. (Nasdaq: CELH) is a functional beverage company and the owner of energy drink brand CELSIUS ®, hydration brand CELSIUS HYDRATION TM and health and wellness brand Alani Nu ®. Born in fitness and pioneering the rapidly growing, better-for-you, functional beverage category, the company creates and markets leading functional beverage products. For more information, please visit Forward-Looking Statements This press release contains statements by Celsius Holdings, Inc. ('Celsius Holdings', 'we', 'us', 'our' or the 'Company') that are not historical facts and are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, our prospects, plans, business strategy and expected financial and operational results. You can identify these statements by the use of words such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'should,' 'will,' 'would', 'could', 'project', 'plan', 'potential', 'designed', 'seek', 'target', variations of these terms, the negatives of such terms and similar expressions. These statements are based on certain assumptions that we have made in light of our experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate in these circumstances. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. You should not rely on forward-looking statements because our actual results may differ materially from those indicated by forward-looking statements as a result of a number of important factors. These factors include, but are not limited to: changes to our commercial agreements with PepsiCo, Inc.; management's plans and objectives for international expansion and global operations; general economic and business conditions; our business strategy for expanding our presence in our industry; our expectations of revenue; operating costs and profitability; our expectations regarding our strategy and investments; our ability to successfully integrate businesses that we acquire, including Alani Nu; our ability to achieve the benefits that we expect to realize as a result of our acquisitions, including Alani Nu; the potential negative impact on our financial condition and results of operations if we fail to achieve the benefits that we expect to realize as a result of our business acquisitions, including Alani Nu; liabilities of the businesses that we acquire that are not known to us; our expectations regarding our business, including market opportunity, consumer demand and our competitive advantage; anticipated trends in our financial condition and results of operation; the impact of competition and technology change; existing and future regulations affecting our business; the Company's ability to comply with the rules and regulations of the Securities and Exchange Commission (the 'SEC'); and those other risks and uncertainties discussed in the reports we file with the SEC, such as our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Forward-looking statements speak only as of the date the statements were made. We do not undertake any obligation to update forward-looking information, except to the extent required by applicable law. Condensed Consolidated Balance Sheets (In thousands, except per share amounts) (Unaudited) December 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 615,233 $ 890,190 Accounts receivable-net [1] 490,389 270,342 Inventories-net 230,046 131,165 Prepaid expenses and other current assets 41,420 18,759 Deferred other costs-current [2] 14,124 14,124 Total current assets 1,391,212 1,324,580 Property, plant and equipment-net 72,516 55,602 Deferred tax assets 43,158 38,699 Other long-term assets 36,755 29,990 Deferred other costs-non-current [2] 227,153 234,215 Brands-net 1,104,389 907 Customer relationships-net 117,726 11,306 Goodwill 802,234 71,582 Total Assets $ 3,795,143 $ 1,766,881 LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable [3] $ 120,962 $ 41,287 Accrued expenses [4] 225,859 148,780 Income taxes payable 21,765 10,834 Accrued promotional allowance [5] 200,169 135,948 Contingent consideration 25,000 — Deferred revenue - current [6] 16,071 9,513 Other current liabilities 49,949 19,173 Total current liabilities 659,775 365,535 Long-term debt 862,917 — Deferred revenue-non-current [7] 156,135 157,714 Other long term liabilities 25,002 19,215 Total Liabilities 1,703,829 542,464 Commitment and contingencies (Note 15) Mezzanine Equity: Series A convertible preferred stock, $0.001 par value and 1,467 shares issued and outstanding 824,488 824,488 Stockholders' Equity: Common stock, $0.001 par value; 400,000 shares authorized, 257,769 and 235,014 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 101 79 Additional paid-in capital 1,028,384 297,579 Accumulated other comprehensive income (loss) 2,178 (3,250 ) Retained earnings 236,163 105,521 Total Stockholders' Equity 1,266,826 399,929 Total Liabilities, Mezzanine Equity and Stockholders' Equity $ 3,795,143 $ 1,766,881 [1] Includes $204.5 million and $168.2 million from a related party as of June 30, 2025 and December 31, 2024, respectively. [2] Amounts in this line item are associated with a related party for all periods presented. [3] Includes $17.3 million and $1.7 million due to a related party as of June 30, 2025 and December 31, 2024, respectively. [4] Includes $0.3 million and $0.2 million due to a related party as of June 30, 2025 and December 31, 2024, respectively. [5] Includes $94.8 million and $75.1 million due to a related party as of June 30, 2025 and December 31, 2024, respectively. [6] Includes $9.5 million and $9.5 million due to a related party as of June 30, 2025 and December 31, 2024, respectively. [7] Includes $153.0 million and $157.7 million due to a related party as of June 30, 2025 and December 31, 2024, respectively. Expand (In thousands, except per share amounts) (Unaudited) For the Three Months Ended June 30, For the Six Months Ended June 30, 2025 2024 2025 2024 Revenue [1] $ 739,259 $ 401,977 $ 1,068,535 $ 757,685 Cost of revenue 358,408 192,879 515,311 366,380 Gross profit 380,851 209,098 553,224 391,305 Selling, general and administrative expenses [2] 237,886 114,850 358,228 213,867 Income from operations 142,965 94,248 194,996 177,438 Other (expense) income: Interest income 4,038 10,647 11,884 20,259 Interest expense (18,080 ) — (18,080 ) — Other, net 542 (264 ) 1,658 (605 ) Total other (expense) income (13,500 ) 10,383 (4,538 ) 19,654 Net income before provision for income taxes 129,465 104,631 190,458 197,092 Provision for income taxes (29,610 ) (24,848 ) (46,184 ) (39,498 ) Net income $ 99,855 $ 79,783 $ 144,274 $ 157,594 Dividends on Series A convertible preferred stock [3] (6,851 ) (6,838 ) (13,632 ) (13,675 ) Income allocated to participating preferred stock [3] (7,314 ) (6,289 ) (10,703 ) (12,417 ) Net income attributable to common stockholders $ 85,690 $ 66,656 $ 119,939 $ 131,502 Other comprehensive income: Foreign currency translation gain (loss), net of income tax 3,179 (308 ) 5,428 (1,662 ) Comprehensive income $ 88,869 $ 66,348 $ 125,367 $ 129,840 Earnings per share Basic $ 0.33 $ 0.29 $ 0.49 $ 0.56 Diluted $ 0.33 $ 0.28 $ 0.48 $ 0.55 *Please refer to Note 3 in the Company's Annual Report on Form 10-Q for the period ended June 30, 2025, for Earnings per Share reconciliations. [1] Includes $245.8 million and $434.3 million for the three and six months ended June 30, 2025, respectively, and $211.3 million and $420.8 million for the three and six months ended June 30, 2024, respectively, from a related party. [2] Includes $0.2 million and $0.8 million for the three and six months ended June 30, 2025, respectively, and $0.6 million and $1.2 million for the three and six months ended June 30, 2024, respectively, from a related party. [3] Amounts in this line item are associated with a related party for all periods presented. Expand Three months ended June 30, Six months ended June 30, 2025 2024 2025 2024 Net income (GAAP measure) $ 99,855 $ 79,783 $ 144,274 $ 157,594 Add back/(Deduct): Net interest (expense) income 14,042 (10,647 ) 6,196 (20,287 ) Provision for income taxes 29,610 24,848 46,184 39,498 Depreciation and amortization expense 9,119 1,418 11,730 2,648 Non-GAAP EBITDA 152,626 95,402 208,384 179,453 Stock-based compensation 1 6,434 4,746 11,463 8,309 Foreign exchange (800 ) 264 (1,720 ) 633 Reorganization Costs 2 482 — 482 — Acquisition Costs 3 29,855 — 38,967 — Penalties 4 — — 710 — Inventory step-up adjustment 5 21,692 — 21,692 — Expand ______________________________ 1[9] Selling, general and administrative expenses related to employee non-cash stock-based compensation expense. Stock-based compensation expense consists of non-cash charges for the estimated fair value of unvested restricted share unit and stock option awards granted to employees and directors. The Company believes that the exclusion provides a more accurate comparison of operating results and is useful to investors to understand the impact that stock-based compensation expense has on its operating results. 2 Impairment charges for the Fast brand in the EMEA region. 3[10] Fees and professional services related to acquisition activity. 4 Accrued expense in the quarter ended March 31, 2025, related to contractual co-packer obligations. 5 Non-cash inventory valuation step-up from the Alani Nu acquisition which was recognized as an adjustment to the cost of revenue. 6 Add backs and deductions are net of their respective impacts from tax and reallocation of earnings to participating securities. The total tax effect of the adjusted items for the quarter ended June 30, 2025 was $(0.05) per diluted share, which includes the tax effect of deductible acquisition costs and inventory step-up adjustment. The total tax effect of the adjusted items for the six months ended June 30, 2025 was $(0.06) per diluted share. There were no adjusted items for the six months ended June 30, 2024. Tax effects are determined based on the tax treatment of the related item, the incremental statutory rate of the jurisdictions pertaining to the adjustment, and their effects on pre-tax income (loss). Expand USE OF NON-GAAP MEASURES Celsius defines Adjusted EBITDA as net income before net interest (expense) income, income tax expense (benefit), and depreciation and amortization expense, further adjusted by excluding stock-based compensation expense, foreign exchange gains or losses, distributor termination fees, legal settlement costs, reorganization costs, acquisition costs, penalties, and inventory step-up adjustment. Adjusted EBITDA Margin is the ratio between the company's Adjusted EBITDA and net revenue, expressed as a percentage. Adjusted diluted earnings per share is GAAP diluted earnings per share net of add backs and deductions for distributor termination, legal settlement costs, reorganization costs, acquisitions costs, penalties, and inventory step-up adjustment. Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted diluted earnings per share are non-GAAP financial measures. Celsius uses Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted diluted earnings per share for operational and financial decision-making and believes these measures are useful in evaluating its performance because they eliminate certain items that management does not consider indicators of Celsius' operating performance. Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted diluted earnings per share may also be used by many of Celsius' investors, securities analysts, and other interested parties in evaluating its operational and financial performance across reporting periods. Celsius believes that the presentation of Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted diluted earnings per share, provides useful information to investors by allowing an understanding of measures that it uses internally for operational decision-making, budgeting and assessing operating performance. Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted diluted earnings per share are not recognized terms under GAAP and should not be considered as a substitute for net income or any other financial measure presented in accordance with GAAP. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as substitutes for analysis of Celsius' results as reported under GAAP. Celsius strongly encourages investors to review its financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. Because non-GAAP financial measures are not standardized, Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted diluted earnings per share as defined by Celsius, may not be comparable to similarly titled measures reported by other companies. It therefore may not be possible to compare Celsius' use of these non-GAAP financial measures with those used by other companies. More News From Celsius Holdings, Inc. Get RSS Feed Celsius Holdings to Release Second Quarter Results on Thursday, Aug. 7, 2025 BOCA RATON, Fla.--(BUSINESS WIRE)--Celsius Holdings, Inc. will release its second quarter financial results before markets open on Thursday, Aug. 7, 2025.... Celsius Redefines How to Fuel Everyday Life with Launch of the LIVE. FIT. GO.™ Campaign BOCA RATON, Fla.--(BUSINESS WIRE)--Celsius launches largest 360° marketing campaign in the brand's history with LIVE. FIT. GO.™...
Yahoo
20-06-2025
- Business
- Yahoo
5 Must-Read Analyst Questions From Celsius's Q1 Earnings Call
Celsius' first quarter results drew a positive market reaction despite falling short of Wall Street's top- and bottom-line expectations. Management attributed the revenue decline primarily to slower product velocity, shifts in the timing and structure of distributor incentives, and increased retail promotional activity. CEO John Fieldly highlighted that the company was facing difficult comparisons to the prior year, which included the nationwide launch of CELSIUS ESSENTIALS and elevated retail promotions. Fieldly noted, 'We saw business fundamentals strengthen through the quarter and are encouraged by the positive momentum heading into Q2.' Is now the time to buy CELH? Find out in our full research report (it's free). Revenue: $329.3 million vs analyst estimates of $342.3 million (7.4% year-on-year decline, 3.8% miss) Adjusted EPS: $0.18 vs analyst expectations of $0.19 (5.9% miss) Adjusted EBITDA: $69.69 million vs analyst estimates of $72.12 million (21.2% margin, 3.4% miss) Operating Margin: 15.8%, down from 23.4% in the same quarter last year Market Capitalization: $11.38 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Kaumil Gajrawala (Jefferies) asked about the continued strength of the energy drink category and drivers behind velocity. CEO John Fieldly described health and wellness trends and category innovation as key factors. Peter Grom (UBS) inquired about the drivers of first quarter sales decline in North America. Fieldly and CFO Jarrod Langhans explained that slower velocity, distributor incentives, and promotional timing were the primary contributors. Kevin Grundy (BNP Paribas) questioned Celsius' pricing strategy amid mixed industry dynamics. Fieldly said the company took price in Q4 but remains cautious about further increases due to shifting consumer purchase behaviors. Jon Andersen (William Blair) asked for details on shelf space expansion and the impact for both Celsius and Alani Nu. Fieldly cited gains in secondary placements and excitement about Alani Nu's distribution momentum, particularly among female consumers. Andrea Teixeira (JPMorgan) sought clarification on Costco performance and the impact of allowances and destocking. Langhans stated that scanner data for Costco was up, with timing and promotional allowances impacting reported revenue, but no major destocking was observed. In the coming quarters, our analysts will closely track (1) the integration progress and performance of Alani Nu within Celsius' broader portfolio, (2) the effectiveness of new marketing campaigns and their impact on product velocity, and (3) ongoing shelf space expansion efforts, including secondary placements and foodservice channel growth. The trajectory of gross margins and adaptability to potential cost pressures will also be key indicators of future execution. Celsius currently trades at $44.44, up from $33.95 just before the earnings. Is the company at an inflection point that warrants a buy or sell? The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Irish Independent
08-06-2025
- Business
- Irish Independent
Billion-dollar US energy drink brand Celsius sets up global hub in Dublin
Celsius, an energy drink brand focused on the health and fitness market, said its Dublin office will have 45 staff by the end of the year, up from 12 currently. The company – which recorded sales of $329.3m in the first quarter of 2025 – has been quietly building out its Irish team since September. John Fieldly, CEO of Celsius, told the Sunday Independent that the Irish office would focus on the international expansion of its energy drinks. He claimed the company had already attracted employees from some of its rivals in Ireland, with the breadth of talent a big draw for the business. Fieldly said Celsius is not currently manufacturing in Ireland but was 'looking at opportunities' to white label. 'Right now, we are evaluating all the key local markets for production,' he said. 'Historically, we have been producing out of Germany, fulfilling orders into Sweden and Finland. But we are looking at, with volume increasing, getting production more localised. 'We will be producing in France. As we gain scale in Ireland, we will produce in Ireland. We don't want to be shipping heavy liquids around.' Tapping into the growing health and fitness trend has paid off for Celsius, Fieldly claims. The brand recently launched its ' campaign. Last month, Irish Olympic sprinter Rhasidat Adeleke and Arsenal midfielder Declan Rice were added as global ambassadors. Competition is tough, with energy drink giants Red Bull and Monster holding huge market shares. In its recent results, Celsius claimed it had captured a 16.2pc market share in the US market, falling to just 1.2pc in Ireland. Trying to be different from the larger brands will be key to growth, Fieldly said. 'The competition is fierce,' he said. 'The good news is the category continues to grow and scale. New consumers are coming into the category. We are seeing more females... than ever before. 'We are not trying to be a 'me too' product or go head-to-head. We are different. We are better for you and are expanding the category.'
Business Wire
21-05-2025
- Business
- Business Wire
Celsius Holdings Announces Timing of Modeling Conference Call
BOCA RATON, Fla.--(BUSINESS WIRE)-- Celsius Holdings, Inc. (Nasdaq: CELH) announced today that the company will host a conference call at 4:30 p.m. ET on Wednesday, May 28, 2025. John Fieldly, Chairman and CEO, and Jarrod Langhans, Chief Financial Officer, will deliver prepared remarks and address high-level, modeling-related questions following the successfully completed acquisition of Alani Nutrition LLC on April 1, 2025. Investors are invited to join the webcast accessible from Downloadable files, an audio replay and transcript will be available within 24 hours after the call on the Celsius Holdings investor relations website. About Celsius Holdings, Inc. Celsius Holdings, Inc. (Nasdaq: CELH) is a functional beverage company and the owner of energy drink brand CELSIUS ®, hydration brand CELSIUS HYDRATION TM and health and wellness brand Alani Nu ®. Born in fitness and pioneering the rapidly growing, better-for-you, functional beverage category, the company creates and markets leading functional beverage products. For more information, please visit
Yahoo
21-05-2025
- Business
- Yahoo
Celsius Holdings Announces Timing of Modeling Conference Call
BOCA RATON, Fla., May 21, 2025--(BUSINESS WIRE)--Celsius Holdings, Inc. (Nasdaq: CELH) announced today that the company will host a conference call at 4:30 p.m. ET on Wednesday, May 28, 2025. John Fieldly, Chairman and CEO, and Jarrod Langhans, Chief Financial Officer, will deliver prepared remarks and address high-level, modeling-related questions following the successfully completed acquisition of Alani Nutrition LLC on April 1, 2025. Investors are invited to join the webcast accessible from Downloadable files, an audio replay and transcript will be available within 24 hours after the call on the Celsius Holdings investor relations website. About Celsius Holdings, Inc. Celsius Holdings, Inc. (Nasdaq: CELH) is a functional beverage company and the owner of energy drink brand CELSIUS®, hydration brand CELSIUS HYDRATIONTM and health and wellness brand Alani Nu®. Born in fitness and pioneering the rapidly growing, better-for-you, functional beverage category, the company creates and markets leading functional beverage products. For more information, please visit View source version on Contacts Paul WisemanInvestors: investorrelations@ Press: press@
