EPISODE · May 12, 2022 · 10 MIN
This Feels Like the 2019 Bang Energy Era | Celsius Holdings 2022 Q1 Performance Update
from the Joshua Schall Audio Experience · host Joshua Schall
So, normally I wouldn’t applaud a fourth-place ranking, but I think we should make an exception in the energy drinks category. In terms of market share during the last four weeks ending April 17, 2022, Celsius Holdings (NASDAQ: CELH) impressive performance has pushed the brand past Rockstar Energy for the number four position in the energy category. This really draws some comparisons to what happened a few years ago when Bang Energy surged past Rockstar Energy with astronomic growth rates. That led to about a year of “business as normal” for Bang Energy before they decided to sign an exclusive distribution agreement with Pepsi. Will something similar happen to Celsius? The current set-up looks great, but it won’t be without marketplace challenges and competition breathing down on Celsius Holdings from all directions. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting MEDIUM - https://www.medium.com/@joshuaschall
What this episode covers
So, normally I wouldn’t applaud a fourth-place ranking, but I think we should make an exception in the energy drinks category. In terms of market share during the last four weeks ending April 17, 2022, Celsius Holdings (NASDAQ: CELH) impressive performance has pushed the brand past Rockstar Energy for the number four position in the energy category. This really draws some comparisons to what happened a few years ago when Bang Energy surged past Rockstar Energy with astronomic growth rates. That led to about a year of “business as normal” for Bang Energy before they decided to sign an exclusive distribution agreement with Pepsi. Will something similar happen to Celsius? The current set-up looks great, but it won’t be without marketplace challenges and competition breathing down on Celsius Holdings from all directions. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting MEDIUM - https://www.medium.com/@joshuaschall
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This Feels Like the 2019 Bang Energy Era | Celsius Holdings 2022 Q1 Performance Update
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