Record third quarter revenue of $385 million, up 104% from $188 million in Q3 2022
North America
revenue increased 107% to $371
million, up from $180 million
in Q3 2022
BOCA
RATON, Fla., Nov. 7, 2023
/PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of
the leading global fitness drink, CELSIUS®, today
reported financial results for the third quarter ended September 30, 2023. Management will host a
conference call today at 10:00 a.m. Eastern
Time, to discuss the results with the investment
community.
A PDF containing our third quarter 2023 results and full
financial tables is available at:
https://celsiusholdingsinc.com/Q3_2023
To participate in the conference call, please call one of the
following telephone numbers at least 10 minutes before the start of
the call:
Toll
Free:
|
(877)
709-8150
|
International:
|
(201)
689-8354
|
Webcast:
https://event.choruscall.com/mediaframe/webcast.html?webcastid=fLaBjVHp
A replay of the conference call can be accessed through the
webcast link above for 90 days. Disclosures can be found on the
Company's online disclosure portal at:
https://www.celsiusholdingsinc.com/sec-filings/
About Celsius Holdings, Inc.
Celsius Holdings, Inc. (Nasdaq: CELH), is a global consumer
packaged goods company with a proprietary, clinically proven
formula for its master brand CELSIUS®. A lifestyle
energy drink born in fitness and a pioneer in the rapidly growing
energy category. CELSIUS® offers proprietary,
functional, essential energy formulas clinically-proven to offer
significant health benefits to its users. CELSIUS® is
backed by six university studies that were published in
peer-reviewed journals validating the unique benefits
CELSIUS® provides. For more information, please visit:
http://www.celsiusholdingsinc.com
Forward-Looking Statements
This press release may
contain statements 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 contain projections of Celsius Holdings' future results
of operations or financial position, or state other forward-looking
information. In some cases, 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", and variations of these terms, the negatives of such
terms and similar expressions. You should not rely on
forward-looking statements because Celsius Holdings' 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: 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 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 satisfy in a timely manner, all Securities and
Exchange Commission (the "SEC") required filings and the
requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and
the rules and regulations adopted under that Section; and other
risks and uncertainties discussed in the reports Celsius Holdings
has filed previously with the SEC, such as Form 10-K, Form 10-Q and
Form 8-K. Forward looking statements speak only as of the date the
statements were made. Celsius Holdings does not undertake an
obligation to update forward-looking information, except to the
extent required by applicable law.
Investor Relations: investorrelations@celsius.com
Cameron Donahue
(651) 707-3532
cdonahue@celsius.com
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SOURCE Celsius Holdings, Inc.