Posted 2/29/2024, 9:23:00 PM
Celsius Delivers Nearly 100% Sales Growth and Early Profitability in Q4 Despite Restrained Marketing Spend
- Celsius Q4 sales nearly doubled year-over-year to $347M, swinging to $0.17 EPS profit
- Strong revenue growth driven by sponsorship deals and social media marketing
- Adjusted marketing costs rose only 45% despite near 100% sales growth
- Stock valuation is high but seems justified by growth and early profits
- Consider adding Celsius position if you can handle potential volatility