Posted 2/29/2024, 4:09:46 PM
Celsius Posts 95% Revenue Growth to Hit $1.3B Thanks to Distribution Deals and Marketing
- Celsius reported record Q4 revenue of $347 million, up 95% year-over-year
- Demand remains strong; Celsius now a billion dollar company with $1.3 billion in annual revenue
- Celsius expanding distribution through new partnerships like Jersey Mike's and Dunkin' Donuts
- Marketing focused on active, healthy lifestyles resonating with consumers
- No immediate plans to raise prices, don't see significant price sensitivity in energy drink category