Energy jolt: Celsius Holdings officially expands to the UK

seekingalpha04-22

Celsius Holdings (NASDAQ:CELH) announced on Monday its expansion into the UK. The Florida-based company had announced earlier in the year that Suntory Beverage & Food Great Britain and Ireland would ...

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The Florida-based company had announced earlier in the year that Suntory Beverage & Food Great Britain and Ireland would ...</p>\n\n<a href=\"https://seekingalpha.com/news/4091995-energy-jolt-celsius-holdings-officially-expands-to-the-uk\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STBFY","symbol_name":"Suntory Beverage & Food Ltd","start_time":0,"source_url":"https://seekingalpha.com/news/4091995-energy-jolt-celsius-holdings-officially-expands-to-the-uk","article_id":"2429973447","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/185228388/image_185228388.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429973447","pubTimestamp":1713800402,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Celsius Holdings (NASDAQ:CELH) announced on Monday its expansion into the UK. 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The Florida-based company had announced earlier in the year that Suntory Beverage & Food Great Britain and Ireland would be its exclusive sales and distribution partner in the region. \"We're pleased to grow CELSIUS in new markets and provide energy to more consumers in moments big and small to help them achieve their goals,\" stated Celsius CEO John Fieldly. \"Our methodical approach to international growth will follow our proven playbook with support from the best distribution partners for our brand in each new market we enter,\" he added. \"With huge business growth over the past three years, and the continued strong performance of our brands, we are brilliantly placed to launch and grow Celsius,\" said Carol Robert, Chief Operating Officer, Suntory Beverage & Food GB&I Chief Operating Officer Carol Robert said the company is \"brilliantly placed\" to launch and grow the Celsius brands due to its huge business growth over the past three years, and the continued strong performance of its brands. Suntory Beverage & Food GB&I is under the Suntory Group umbrella, along with Suntory Beverage & Food Limited (OTCPK:STBFY) (OTCPK:STBFF). The London-based company is the UK's third-largest soft drinks manufacturer and owner of the Lucozade Energy, Lucozade Sport, and Ribena brands to name a few. Shares of Celsius Holdings (CELH) were down 1.84% in late morning trading on Monday, but are still up more than 23% on a year-to-date basis and trade above the 100-day and 200-day moving averages. Short interest on CELH is currently at 10.9% of the total float, which is down from where it stood at the beginning of the year.  More on Celsius  Celsius: It Is Now A Three-Team Race Celsius Holdings: Lofty Valuation, Wait For Pullback Celsius Holdings Going International Celsius announces expansion into France beginning Q4 of 2024 Celsius Holdings is still expected by Cowen to see a major tailwind from PepsiCo deal","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429973447"}