Celsius (CELH) CEO On New Partnerships & Record Earnings

Celsius Holdings' (CELH) earnings were released August 8th. Its adjusted EPS came in at $0.52 versus an estimated $0.26 and revenue came in at $326.00M versus an estimated $281.93M. CEO John Fieldly joins Nicole Petallides to discuss CELH. He talks about the importance of partnerships for CELH. CELH reached a long-term strategic distribution arrangement with PepsiCo (PEP)in August 2022. CELH expanded its sponsorship of Nascar's Kaulig Racing Team in 2023. He then goes over CELH's record 2Q revenue and the outlook going forward. He also highlights CELH's new deal with major league soccer. CELH also has the second largest share of energy drink sales on Amazon (AMZN). Tune in to find out more about the stock market today.