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Stock impact report

Celsius Holdings Reports Second Quarter Financial Results

Celsius Holdings, Inc. (CELH) 
Last celsius holdings, inc. earnings: 3/12 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: celsiusholdingsinc.com
Company Research Source: PR Newswire
BOCA RATON, Fla., Aug. 9, 2018 /PRNewswire/ -- (Nasdaq: CELH) Celsius Holdings, Inc., maker of the leading global fitness drink, CELSIUS®, today reported financial results for the three and six month periods ended June 30, 2018. Second Quarter 2018 Highlights: Revenue of $9.3 million, down 9% compared to $10.2 million in the year ago quarter Domestic revenue increased 29% to a record $8.5 million, up from $6.6 million in the year ago quarter. Driven by continued strong double-digit growth in traditional channels of trade $1.3 million in orders shifted from Q2 to Q3 due to manufacturing delays. International revenue decreased 79% to $766,000, from $3.6 million in the year ago quarter Our Nordic distribution partner People's Choice, decreased revenues by 78% to $768,000, due to timing of new flavor launches and reduction of inventory levels China distributor delayed orders during the period due to timing of new accounts and current inventory levels. As of June 30 Show less Read more
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