2024-05-14 10:48:26 ET
Summary
- Celsius experienced a deceleration in revenue growth in its recent quarter, but inventory changes masked real strength.
- Pepsi is increasing the number of locations where Celsius is available and the types of channels where it is available.
- International expansion in the next 12-18 months offers a meaningful opportunity.
- Store resets and margin expansion are 2 additional overlooked catalysts which could further propel the stock.
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For further details see:
Celsius: 5 Reasons I Remain Bullish