Celsius Holdings reported better-than-expected third-quarter results. The company reported Q3 sales of $384.75 million, up 104% Y/Y, beating the analyst consensus of $348.94 million.
The company reported quarterly EPS of $0.89, beating the analyst consensus of $0.47.
Net sales were driven predominantly by North American revenue, which increased 107% to $371 million, thanks to the expansion in total distribution points and higher SKUs per location.
