On its Q1 earnings conference call, Celsius said it continues to stick with its commentary from February where it noted that gross margins in the high 40s are very achievable, but “that we were not ready to move too far from that expectation until we got further into the year.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CELH:
- Celsius Holdings Unveils Q1 2024 Investor Presentation Insights
- Celsius Holdings Reports First Quarter 2024 Financial Results
- Celsius Holdings price target lowered to $85 from $95 at Stifel
- Celsius Holdings (NASDAQ:CELH) Expands into the UK
- Celsius Holdings call volume above normal and directionally bullish