Celsius Holdings: Q2 2024 Earnings Mark The End Of The Hyper Growth Story, Adjust Accordingly
CELHCelsius(CELH) Seeking Alpha·2024-08-07 20:50
SolStock Not so long ago, Celsius Holdings (NASDAQ:CELH) had one of the cleanest hyper-growth stories in the market, with analysts piling up estimates for a multi-year trajectory of 30% or above growth. I, too, had high expectations for the company, as it was firing on all cylinders in 2023. Then, came 2024, and the warning signs started mounting. While some investors adjusted accordingly, others chose to ignore them. Following the second-quarter results, it is no longer a question, but rather a fact, C ...