Celsius Stock: 5 Crucial Questions
Portfolio Pulse from
Celsius Holdings experienced a significant 72% stock drop following a 31% revenue decline, largely due to Pepsi's inventory optimization impacting Q3 revenue by $124M. Management anticipates growth resuming in 2025.
November 12, 2024 | 10:00 pm
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NEGATIVE IMPACT
Celsius Holdings' stock plummeted by 72% due to a 31% revenue decline, influenced by Pepsi's inventory optimization. Management is optimistic about growth resuming in 2025.
The significant stock drop is directly linked to the revenue decline, which was exacerbated by Pepsi's inventory optimization. The management's expectation of growth resuming in 2025 suggests a long-term recovery, but short-term impacts are negative.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100