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Celsius Holdings (CELH)
NASDAQ:CELH
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.12Last Year’s EPS
$0.17Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: -14.88%
|Next Earnings Date:Feb 26, 2025
Earnings Call Sentiment|Negative
The earnings call highlighted several strategic expansions and partnerships, particularly internationally and through acquisitions, which showcase potential future growth. However, these are overshadowed by significant revenue declines, primarily in North America, and reduced profitability metrics. The challenges with inventory optimization and lower gross margins indicate substantial operational hurdles that need addressing.Company Guidance
During the Celsius Holdings Q3 2024 earnings call, the company reported a 31% decrease in quarterly revenue to $265.7 million, impacted by a $124 million inventory optimization by their largest distributor. Despite this, Celsius saw a 7.1% year-over-year increase in retail sales and a 7.3% rise in unit sales, contributing to 16% of the overall energy category growth, which itself grew by 2%. North American revenue fell 33% to $247 million, while international revenue rose 37% to $18.6 million. Gross profit margins declined to 46%, down from 50.4% the previous year, with a gross profit of $122 million. The company also reported a 92% decrease in net income to $6.4 million, with adjusted EBITDA dropping 96% to $4.4 million. Celsius maintained a year-to-date revenue of $1.02 billion, marking a 5% increase from the previous year, and ended the quarter with over $900 million in cash.Growth in International Revenue
International revenue grew by 37% to $18.6 million in Q3 2024 compared to the same period last year.
Partnerships and New Market Expansions
Celsius expanded its product availability and partnerships, including a 21% increase in sales to Amazon and expansion into Australia and New Zealand.
Strategic Acquisitions and Investments
Acquired Big Beverages to enhance innovation capabilities and supply chain control, and established a new center of excellence in Ireland for global operations.
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CELH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CELH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $31.73 | $30.04 | -5.33% |
| Aug 06, 2024 | $41.35 | $40.38 | -2.35% |
| May 07, 2024 | $78.33 | $76.95 | -1.76% |
| Feb 29, 2024 | $67.77 | $81.62 | +20.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Celsius Holdings (CELH) report earnings?
Celsius Holdings (CELH) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Celsius Holdings (CELH) earnings time?
Celsius Holdings (CELH) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CELH EPS forecast?
CELH EPS forecast for the fiscal quarter 2024 (Q4) is $0.12.
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