Business
Celsius to Attend 2019 National Association of Convenience Stores (NACS) Conference
BOCA RATON, Fla., Sept. 26, 2019 /PRNewswire/ -- Celsius Holdings, Inc. (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today announced
About this update from Celsius Holdings, Inc.
[{"type":"text","content":"BOCA RATON, Fla., Sept. 26, 2019 /PRNewswire/ -- Celsius Holdings, Inc. (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today announced that the company will highlight its latest line of products at the 2019 NACS Show, presented by the National Association of Convenience Stores, in Atlanta at booth #5735 in Hall C October 2nd-4th.\n\n \nThe NACS Show brings together the most influential people and ideas, explores trends, showcases the most innovative technologies, and displays amazing new products in a single gathering place. Every major buyer in the convenience channel will be attending the conference looking for new opportunities to capitalize on expanding usage occasions, demographics and consumers preferences.\nJohn Fieldly, President and Chief Executive Officer, commented, \"Consumers are demanding functional, healthier and better for you products, evidenced by MNST CEO Rodney Sacks' comments on the rapidly emerging 'Performance Energy Category' on their most recent earnings call and reinforced by beverage industry leading analysts such as Bonnie Herzog of Wells Fargo in her recent report. We remain confident in our ability to drive sales even higher in the convenience store channel as we continue to increase our ACV % through additional launches with national retail chains and distribution partners. We are excited to be a part of the most important show for the convenience channel, a true selling show.\" \nSPINS third party data (Shelf Stable Energy & Functional Beverages, Convenience) for the 52 weeks ended August 11, 2019 indicates Celsius' sales in the energy convenience channel grew at 39.5% year-over-year, showing Celsius is significantly outpacing the channel in volume growth in existing accounts.\nCelsius recently announced the company has added over 3,200 new convenience store locations in 2019 from a broad cross-section of leading convenience retailers including Quik Trip, Pilot Flying J, Buc-ee's, Casey's, Circle K and 7-Eleven. With retailers broadening their traditional energy drink offerings to align with today's consumer demands, it's anticipated that convenience stores will be reshaping planograms to integrate so-called \"Performance Energy\" brands.\nAbout Celsius Holdings, Inc.Celsius Holdings, Inc. (Nasdaq: CELH), is a global company with a proprietary, clinically proven formula f...