Celsius Holdings, Inc.: Expanding Distribution Partnerships For A Competitive Edge!

Celsius Holdings Inc.’s third-quarter 2024 earnings reveal a mixture of growth opportunities and challenges. The energy drink company has managed to maintain robust consumer demand and retail sales growth despite a dip in total revenue compared to the previous year. The company recorded a modest 7.1% increase in retail sales year-over-year for the quarter, with unit sales rising by 7.3%. These figures reflect Celsius’s ability to capture a significant proportion of the energy drink market’s growth, despite broader market softness.