Celsius Holdings Inc. (NASDAQ:CELH) saw a 9.49% increase in its stock price on Friday, closing at $48.32 as investors anticipated the release of its earnings report. The company is expected to announce its financial and operating highlights for the fourth quarter and full-year period on February 26, with analysts forecasting revenues to reach $2.4 billion, a significant jump from the previous year’s $1.35 billion.
Major growth for Celsius Holdings Inc. (NASDAQ:CELH) is projected to come from acquisitions and core business expansion. Additionally, the company is scheduled to participate in the Citi Global Consumer & Retail Conference on March 9 and the UBS Global Consumer and Retail Conference on March 11. Celsius Holdings is known for its energy drink brand Celsius, as well as other beverage products.
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Read more at Yahoo Finance: Celsius Holdings (CELH) Climbs 9.5% Ahead of Earnings
