RADNOR, Pa., Jan. 14, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of Florida against Celsius Holdings, Inc. (“Celsius”) (NASDAQ: CELH) on behalf of those who purchased or otherwise acquired Celsius common stock between February 29, 2024, and September 4, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is January ...

Stock Performance - Celsius Holdings' shares have declined by 20.6% over the past three months, underperforming the industry's decline of 14.2%, the Zacks Consumer Staples sector's drop of 11.4%, and the S&P 500's growth of 1.1% [1] - The stock closed at $27.13, 7.5% below its 52-week low of $25.23 and is trading below its 50 and 200-day moving averages, indicating potential weakness in momentum [4] Valuation and Financial Metrics - CELH is trading at a forward 12-month P/E of 29.36, more than double the industry's 14.51, and has a Value Score of D, suggesting a premium valuation relative to peers [5] - The company's gross margin dropped by 440 basis points to 46% in Q3 2024 due to a PepsiCo incentive program, while sales and marketing expenses remain elevated at 37.6% of revenues [12] Revenue and Earnings Challenges - Celsius Holdings reported a 31% revenue decline in Q3 2024, primarily due to a $124 million inventory optimization adjustment by its primary distributor, PepsiCo [9] - The Zacks Consensus Estimate for earnings per share has been revised downward for the current and upcoming fiscal years, reflecting a bearish outlook among analysts [13] Market and Competitive Pressures - Broader macroeconomic pressures, shifting consumer preferences toward healthier options, and reduced discretionary spending are straining the energy drinks segment [10] - Intensifying competition from industry leaders like Red Bull and Monster Beverage, which are focusing on sugar-free and health-conscious products, is adding to the challenges [11] Growth Initiatives and Strategic Priorities - Celsius Holdings is focusing on innovation, branding, and marketing to strengthen its competitive position, including launching new flavors and product variations [15] - The company has a strong retail presence, with sales to Amazon increasing by 21% and to Costco by 15% in Q3 2024, and is expanding internationally into markets like Australia, New Zealand, France, and the UK [17][18] Outlook and Risks - Despite its strong brand positioning and loyal customer base, the company faces challenges such as dependency on a single distributor, shrinking margins, and intensifying competition, which weigh heavily on its outlook [19]

NEW YORK, Jan. 12, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Celsius Holdings, Inc. (NASDAQ: CELH) between February 29, 2024 and September 4, 2024, both dates inclusive (the “Class Period”), of the important January 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Celsius common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ...

NEW YORK, Jan. 12, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Celsius Holdings, Inc. (NASDAQ: CELH) between February 29, 2024 and September 4, 2024, both dates inclusive (the "Class Period"), of the important January 21, 2025 lead plaintiff deadline.So what: If you purchased Celsius common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement ...

Stock Performance - Shares of Celsius plunged 51.7% in 2024, with a 73% drop from its high point in the same year [1] - The stock was up 76% in the opening months of 2024 before the significant decline [1] Financial Results and Challenges - Celsius missed Q1 2024 revenue expectations due to inventory management issues with its largest customer, PepsiCo [2] - Q3 2024 revenue plunged 31% year over year, marking the first negative growth since 2018 [3] - The company's price-to-sales valuation dropped to its lowest in nearly five years [3] Industry Dynamics and Market Share - Celsius rose to the third-largest market share in the energy drink space in recent years [5] - Q1 2024 market share was 11.4%, compared to 12.1% year-to-date as of Q3 2024 [8] - Consumer spending on energy drinks decreased in 2024, leading to inventory overestimation by PepsiCo [5] Supply Chain and Bullwhip Effect - The bullwhip effect in supply chains caused pronounced adjustments due to small spending changes by customers [4] - PepsiCo's inventory correction significantly impacted Celsius' revenue [5] Future Outlook and Growth Opportunities - Celsius claims its products still resonate with consumers, with potential upside in 2025 [8] - The company is expanding into new sales channels and entering new markets, which could reignite growth [8]

Lawsuit Overview - A securities class action lawsuit has been filed against Celsius Holdings, Inc (Celsius) on behalf of investors who purchased or acquired Celsius common stock between February 29, 2024, and September 4, 2024 [1] - The lead plaintiff deadline is January 21, 2025 [1] Alleged Misconduct - Defendants allegedly made false and/or misleading statements and/or failed to disclose material information during the Class Period [2] - Celsius materially oversold inventory to Pepsi far in excess of demand, leading to a looming sales cliff where Pepsi would significantly reduce purchases [2] - As Pepsi drew down significant amounts of inventory overstock, Celsius' sales would materially decline in future periods, hurting financial performance and outlook [2] - Celsius' sales rate to Pepsi was unsustainable and created a misleading impression of the company's financial performance and outlook [2] - As a result, Celsius' business metrics and financial prospects were not as strong as indicated in Defendants' Class Period statements [2] - Defendants' statements regarding Celsius' outlook and expected financial performance were false and misleading at all relevant times [2] Lead Plaintiff Process - Celsius investors may seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel by January 21, 2025 [3] - The lead plaintiff is usually the investor or small group of investors with the largest financial interest who are also adequate and typical of the proposed class [3] - The lead plaintiff selects counsel to represent the lead plaintiff and the class, and these attorneys, if approved by the court, are lead or class counsel [3] - The decision of whether or not to serve as a lead plaintiff does not affect an investor's ability to share in any recovery [3] About Kessler Topaz Meltzer & Check, LLP - The firm prosecutes class actions in state and federal courts throughout the country and around the world [4] - Kessler Topaz Meltzer & Check, LLP has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct [4] - The firm's work is driven by a common goal to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries [4] - The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP [4]

Class Action Lawsuit Overview - The Gross Law Firm is notifying shareholders of Celsius Holdings Inc (NASDAQ: CELH) who purchased shares between February 29 2024 and September 4 2024 about a potential class action lawsuit [1] - Shareholders are encouraged to register for the class action by January 21 2025 to potentially become a lead plaintiff [2] Allegations Against Celsius Holdings - The complaint alleges that Celsius Holdings issued materially false and/or misleading statements during the class period [1] - The company is accused of deceiving investors about its business prospects and artificially inflating its stock price [1] - Certain officers directors and insiders allegedly sold over 216 million personally held shares at artificially inflated prices reaping more than $14 billion in proceeds [1] Shareholder Participation - Registered shareholders will be enrolled in portfolio monitoring software to receive case updates [2] - There is no cost or obligation for shareholders to participate in the case [2] About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investor rights [3] - The firm specializes in cases involving deceit fraud and illegal business practices that lead to artificial stock inflation [3]

DexCom - DexCom launched a new CGM device called Stelo, targeting non-insulin users and requiring no prescription, potentially tapping into growing health awareness [1] - DexCom's growth rate was in low single digits last year, with stock down 37% due to salesforce restructuring, but improvement in growth could lead to a rally in 2025 [3] - Investors are bearish on DexCom due to GLP-1 weight loss drugs, assuming reduced need for CGMs as diabetics lose weight, though this may not reflect the broader market [10] Celsius Holdings - Celsius Holdings faced a 31% revenue drop in Q3 2024, attributed to PepsiCo reducing inventory, raising concerns about demand [7][8] - The company's stock lost over half its value in 2024, but potential remains in the sugar-free energy market if growth resumes [8][9] - Investors may wait for confirmation of a one-time issue before considering Celsius as a rebound candidate [9] Nike - Nike's market capitalization dropped 30% in 2024 due to slowing demand, with revenue down 8% in the latest quarter [5][11] - The company has a new CEO focused on revitalizing the brand and improving sales performance [11] - Nike's stock is trading near its 52-week low, potentially offering a buying opportunity for bullish investors [4]

Company Overview - Celsius Holdings (NASDAQ: CELH) has experienced significant ups and downs, including being delisted in 2012 due to poor performance [1] - In 2010, the company generated revenue of approximately $8 million [1] Analyst Perspective - The company is considered an intriguing investment thesis due to its successful product [1] - The analysis focuses on fundamental aspects, aiming to identify undervalued stocks with growth potential [1]

Investment Strategy - The article suggests positioning in undervalued stocks that are mispriced by the market as a strategy for 2025 [1] - The focus is on identifying potential multibaggers while managing portfolio risk through diversification [2] Service Features - The service provides various model portfolios and stock picks with identifiable catalysts [2] - It offers daily updates, real-time alerts, and access to community chat for direct interaction with the analyst [2] Analyst's Position - The analyst currently has no stock, option, or derivative positions in the mentioned companies but may initiate a long position in CELH within the next 72 hours [2]