Celsius Holdings reported second-quarter revenues rose 10.6% year over year to $817.9 million, but adjusted earnings fell 23% to 36 cents per share, highlighting a divergence between top-line expansion and profitability. The Alani Nu brand contributed about $364.4 million in revenues, up roughly 21%, while core CELSIUS brand revenues declined about 11.7%. Adjusted EBITDA dropped 12% to $184.2 million, and gross margin fell 340 basis points to 48.1% amid higher promotions and commodity costs. The Zacks Consensus Estimate for current-year earnings has moved 5.2% lower over the past four weeks, and the stock carries a Zacks Rank #5 (Strong Sell), suggesting investors may be better served waiting for clearer operating improvement.
Celsius Holdings IncAdjusted earnings fell 23% and gross margin declined, with Zacks Rank #5 (Strong Sell).
Monster Beverage Corp
PepsiCo IncAlani Nu brand revenues rose 21% to $364.4 million, contributing to overall growth.
