Celsius: The Growth Story Isn't Over
Celsius(CELH) Seeking Alpha·2024-08-28 02:24
SolStock The momentum in Celsius Holdings, Inc. (NASDAQ:CELH) has deflated with the share price collapsing nearly 60% from its $100 highs to trade at near $40 today. While it may be tempting to think that its growth story is over, Celsius remains a market share taker in a category that is experiencing some level of growth slow-down. Just how enduring this slowdown is remains to be seen. Celsius reported fairly robust results in its most recent quarter. Revenue of 402M was up 23%. However, more importantly, ...