Celsius Holdings Reports 17% Year-over-Year Revenue Growth and Announces New Brand-Led Business Units
Celsius Holdings (CELH) reported third-quarter revenue of approximately $847 million, representing a 17% increase compared to the same period last year. During the earnings call, CEO and Chairman John Fieldly highlighted the company's growth trajectory and strategic shifts. To drive future expansion, Celsius is establishing three new brand-led business units: CELSIUS, Alani Nu, and a third unit (details partially obscured in source). A key component of their long-term strategy involves international expansion, with management projecting that non-U.S. revenue will grow to exceed 15% of total revenue within the next five years.
Tickers: $CELH
Topics: business units corporate restructuring earnings report revenue growth