Recent Updates — CELH
Celsius Holdings announced leadership changes effective August 10, 2026, including the departure of President and Chief Operating Officer Eric Hanson, who is eligible for severance under the Executive Severance Pay Plan. Tyler Bohannon was appointed Chief Commercial Officer to lead field sales, key retailer accounts, DSD operations, and revenue growth management across the company's brand portfolio. Tony Guilfoyle assumed the newly created role of Chief Business Transformation Officer on July 1, 2026, focusing on enterprise-wide execution, operational excellence, and AI adoption. These moves align with Celsius Holdings' strategy to support its total energy portfolio, which includes CELSIUS, Alani Nu, and Rockstar Energy brands in the functional beverage industry.
Celsius Holdings, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Revenue increased 11% to $817.9 million from $739.3 million in the prior-year period, driven by Alani Nu sales of approximately $364.4 million and Rockstar Energy contributions of $66.5 million. CELSIUS brand revenue declined 11.7%. Gross margin contracted to 48.1% from 51.5%, while diluted EPS fell to $0.14 from $0.33. The company executed approximately $100.4 million in share repurchases during the quarter and hosted a webcast on August 6, 2026, to discuss results with investors. Celsius Holdings operates in the functional beverage industry, manufacturing and marketing energy drinks and wellness products under brands including CELSIUS, Alani Nu, and Rockstar Energy.
Celsius Holdings, Inc. entered into a second refinancing amendment to its Credit Agreement on July 15, 2026. This amendment reduces the Term Loan Facility interest rate by 0.25%, with a potential further 0.25% reduction contingent on achieving specific corporate credit ratings. Simultaneously, the company repaid its existing $700.0 million term loan by issuing a new $694.75 million term loan under the Term Loan Facility at the reduced rate. The company incurred no prepayment penalties for this transaction. Celsius Holdings, Inc. is a beverage company that produces and markets energy drinks.