Celsius Holdings achieved a 23% Q2 revenue increase, driven by 30% international sales growth.
Energy drink maker Celsius Holdings saw a 23% revenue increase in Q2, with a 30% boost in international sales. Despite a 50% stock drop since May due to slowing US growth, it has an 11% US market share and plans to expand in the UK, Ireland, Australia, New Zealand, and France. International opportunity and faster revenue growth rate make it a potential buy, with analysts suggesting current levels and further dips.
August 10, 2024
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