Celsius Holdings Inc
CELH
ISIN US15118V2079 / Valor 10858190
Celsius Holdings Inc
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About company
Celsius Holdings Inc is a global beverage company known for its premium lifestyle energy drink, CELSIUS, which is positioned as a healthier, zero-sugar alternative to traditional energy drinks. The company targets fitness enthusiasts and promotes active lifestyles by offering a product that caters to the growing demand for performance energy beverages. Celsius Holdings Inc operates in the competitive energy drink market, aiming to differentiate itself through its focus on health-conscious consumers seeking a more beneficial energy drink option.
Summarized from source with an LLMView SourceSector: Consumer Non-CyclicalsLatest Results (07.08.2024):
Record Revenue
Celsius Holdings Inc. reported record revenue of $402.0 million for the second quarter of 2024, marking a 23% increase compared to $325.9 million in the same period of the previous year. This growth was primarily driven by the North American market and sustained consumer demand.
Gross Profit Surge
The company achieved a gross profit of $209.1 million in Q2 2024, up 32% from $159.0 million in Q2 2023. The gross profit margin also improved to 52.0%, compared to 48.8% in the prior-year period, due to freight optimization and lower materials costs.
EPS Growth
Celsius Holdings Inc. reported a significant increase in diluted earnings per share (EPS) for the second quarter of 2024, reaching $0.28. This represents a 65% rise from $0.17 in the same quarter of the previous year, driven by improvements in gross margin and operational leverage.
First Half Performance
For the first half of 2024, Celsius Holdings Inc. reported revenue of $757.7 million, a 29% increase from $585.8 million in the first half of 2023. The company's gross profit for the first half of the year rose 43% to $391.3 million, with a gross margin of 51.6%, up from 46.6% in the prior-year period.
International Sales
International sales for Celsius Holdings Inc. in the second quarter of 2024 reached $19.6 million, a 30% increase from $15.1 million in Q2 2023. This growth was driven by ongoing velocity improvements and increased brand awareness in international markets.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
6828 M
Market cap (USD)
1,956,853
Daily traded volume (Shares)
29.24 / 27.03
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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