Celsius Holdings acquires co-packer Big Beverages [Yahoo! Finance]
Celsius Holdings, Inc. (CELH)
Last celsius holdings, inc. earnings: 3/12 08:30 am
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celsiusholdingsinc.com
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Source: Yahoo! Finance
The transaction was finalised last Friday (1 November). It provides Celsius with a 170,000 square-foot “modern” manufacturing and warehouse facility. The site is expected to offer Celsius “greater supply chain control, quicker innovation cycles and greater production flexibility.” Big Beverages, based in Charlotte, North Carolina, specialises in canned drinks contact manufacturing and has been a long-time co-packer for Celsius. The facility will continue to be primarily dedicated to the production of Celsius products. Under the terms of the agreement, Big Beverages' existing management team and workforce are expected to retain their roles. Outlining the rationale behind the acquisition, Celsius said that vertically integrating a plant for its products will facilitate "incremental research and development" as well as opportunities for limited-time offer products, and a turnkey facility. It added that the purchase also presents future expansion possibilities, with ability
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CELH
News
- INGR vs. CELH: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
- Celsius Holdings to Participate in Upcoming Investor ConferencesBusiness Wire
- Celsius Holdings Stock at 52-Week Low: What's Next for CELH Investors? [Yahoo! Finance]Yahoo! Finance
- Celsius Holdings Third Quarter 2024 Earnings: US$0.002 loss per share (vs US$0.30 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Celsius Holdings, Inc. (NASDAQ: CELH) had its price target lowered by analysts at Stifel Nicolaus from $51.00 to $45.00. They now have a "buy" rating on the stock.MarketBeat
CELH
Earnings
- 11/6/24 - Miss
CELH
Sec Filings
- 11/8/24 - Form 4
- 11/6/24 - Form 8-K
- 11/6/24 - Form 10-Q
- CELH's page on the SEC website