Why Celsius CEO thinks he has a winner despite GLP-1s and rising inflation [Yahoo! Finance Canada]
PepsiCo, Inc. (PEP)
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Source: Yahoo! Finance Canada
"So as GLP-1s become more prevalent, you need more protein, you also need more energy," Fieldly said on Yahoo Finance's Opening Bid (video above). "And when you're looking for an energy drink, you want more out of your energy drink. The Celsius portfolio and the Alani portfolio really are multivitamins in a can." Celsius is the owner of its namesake energy drink brand and, through recent acquisitions, the owner of Alani and Rockstar. Judging by Celsius's stock price and financials, more and more people are enjoying energy drinks beyond a typical morning boost. The company just reported a defining year with record-breaking sales as it integrated acquisitions like Alani and Rockstar and saw more growth in the Celsius brand as it gained shelf space at convenience stores. The company reported full-year revenue of $2.5 billion, representing a sizzling 86% increase year over year. By the end of the year, Celsius officially solidified its position as the No. 2 energy drink player
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