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Celsius Holdings, Inc. is an American company that produces a range of fitness and energy beverages under the brand name Celsius. The company's products are marketed as healthy, a strategy that the CEO credits the brand's success to.
In 2023, Celsius' revenue was up an impressive 102% year over year and well ahead of expectations from analysts. But it's now clear that this outperformance was because Pepsi ordered too much product.
Shares of energy drink company Celsius (NASDAQ: CELH) plunged 51.7% in 2024, according to data provided by S&P Global Market Intelligence, which is bad enough. Rumblings of a problem began after ...
It's been a difficult year for Celsius Holdings (NASDAQ: CELH), with the stock trading down more than 70% from the highs it hit earlier this year. The energy drink maker ran into some headwinds ...
The company's numbers look terrible, but there's more to the story.
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Most analysts forecast that Celsius will earn $1.08 per share this year, implying a current-year P/E of 48 on the stock. That's pretty expensive given consensus forecasts of 22% sales growth this ...
Anders Celsius's original thermometer used a reversed scale, with 100 as the freezing point and 0 as the boiling point of water.. In 1742, Swedish astronomer Anders Celsius (1701–1744) created a temperature scale that was the reverse of the scale now known as "Celsius": 0 represented the boiling point of water, while 100 represented the freezing point of water. [5]