Celsius Holdings Inc (NASDAQ:CELH) is scheduled to report its first-quarter results on Tuesday, May 6, before market open. According to JPMorgan, material negative earnings revisions seem to be in the ...
Celsius stock is down 45% this year, off by more than two-thirds since peaking in March. Reported revenue growth has turned negative after three years of annual revenue growth more than doubling.
Celsius's shares have significantly dropped after strong revenue declines. Recently, CELH announced its agreement to acquire Alani Nu, a female focus competitor, for a total consideration of $1.8 ...