Celsius Holdings Inc. (CELH)

Q3 is a Celsius-brand sidestep, Q4 is a gradual recovery with shipment noise, and 2027 is positioned as the innovation, distribution, and productivity payoff year. Management provided no consolidated quarterly revenue or EBITDA guidance. Modeledge transcript: Celsius Holdings Inc. (CELH), Q2 2026 earnings call, August 6, 2026. Document ID:...

Pepsi agreed to reimburse Celsius up to $275.0 million, and Celsius reported that the full amount had been received by March 31, 2026. On a recognized-expense basis, the cumulative termination fees therefore exceed the reimbursement cap by approximately $137.8 million. Note: The separate accrued-obligation roll-forward includes an additional $6.2 million...

Celsius's 2024 Pepsi issue was best understood as a distributor-inventory and revenue-recognition mismatch rather than a simple consumer-demand collapse. Pepsi carried more product than it needed during the 2023 launch/reset year, Celsius recognized revenue when product was delivered to Pepsi, and then Pepsi reduced orders in 2024 while retail sell-through...