Celsius Holdings Inc. reported its first quarter of 2025 financial results, revealing a revenue of $329.3 million, down 7% from $355.7 million in the first quarter of 2024. The North American segment experienced a 10% decline, generating $306.5 million compared to $339.5 million in the previous year. In contrast, international sales increased by 41%, reaching $22.8 million, up from $16.2 million. The company's net income for the quarter was $44.4 million, marking a 43% decrease from the previous year's $77.8 million. Diluted earnings per share were reported at $0.15, a drop from $0.27 in the same period last year. The non-GAAP adjusted diluted earnings per share were $0.18, compared to $0.27 in Q1 2024. Retail performance in the U.S. saw a 3% decline in CELSIUS® retail sales year over year, with a dollar share of 10.9%, down 140 basis points from the prior year. However, Alani Nu® retail sales rose by 88% year over year, achieving a 5.3% dollar share, up 221 basis points. Together, the Celsius Holdings portfolio captured a 16.2% dollar share, an 81 basis point increase. Celsius Holdings' CEO, John Fieldly, emphasized the company's strategic moves, including the acquisition of Alani Nu, which was completed on April 1, 2025. The acquisition is expected to bolster the company's functional beverage portfolio. Fieldly expressed confidence in the company's growth strategy, highlighting gains in retail shelf space and robust international growth.
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