Business
Add as a preferred source on GoogleGross margin was 46.8%, down 4.5 percentage points, as higher aluminum and fuel costs and a greater direct-store-delivery mix pressured results.
During the third quarter, Celsius Holdings generated $847.2 million in revenue, about 17% more than a year earlier, as Alani Nu's sales growth contrasted with softer sales at Celsius and Rockstar.
Alani Nu sales advanced 58%. North American sales grew 15%, while Nordic markets posted increases of as much as 78%.
Gross margin stood at 46.8%, lower by 4.5 percentage points. Aluminum and fuel costs rose as direct-store-delivery sales accounted for a larger share, weighing on the measure.
The company reported $143.7 million in non-GAAP net income and forecast fourth-quarter revenue of $845 million to $846 million.
The company expects fourth-quarter improvement in several measures and a mid-single-digit 2026 decline in same-store revenue. It forecasts net income growth as Total Adjusted EBITDA, cash provided by operating activities and free cash flow fall.
Funds from operations rose 15% to $346 million, or $0.51 per limited partnership unit. The partnership reported a $314 million net loss attributable to unitholders.
