Celsius Holdings, Inc. (CELH, Financial) saw significant momentum in 2023 following a major distribution partnership with PepsiCo (PEP, Financial). PepsiCo's large inventory purchases initially fueled a surge in Celsius stock. Since then, however, Celsius shares have pulled back, down over 65% from their peak, as inventory levels adjusted. Despite this, Celsius has continued to expand its market share and international presence. With earnings set for next week, investors are eager to see if the company can turn the corner.
Earnings Preview for Celsius
Analysts expect Celsius to report revenue around $269 million, which would represent a year-over-year decrease of approximately 30%, reflecting the post-Pepsi normalization. Earnings per share (EPS) are projected at approximately $0.03. Key areas of interest will be growth indicators such as same-store sales, distribution expansion, and potential market share gains against larger competitors. Celsius's performance will be essential in demonstrating its ability to sustain growth within the competitive energy drink market.
