Celsius Holdings To Gain From Favorable Cost Trends, High Retail Sales Velocity: Analyst
Celsius Holdings To Gain From Favorable Cost Trends, High Retail Sales Velocity: Analyst
ROTH MKM analyst Sean McGowan reiterated the Buy rating on Celsius Holdings, Inc. (NASDAQ:CELH), raising the forecast to $90.
ROTH MKM分析師肖恩·麥克高恩重申了對Celsius Holdings, Inc.（納斯達克股票代碼：CELH）的買入評級，將預期上調至90美元。
Celsius Holdings surpassed fourth-quarter earnings estimates with $0.17, alongside a revenue increase of 95% year over year. North American revenue spiked 97%, while international revenue jumped 68%.
Celsius Holdings的收益超過了第四季度的預期，爲0.17美元，收入同比增長了95％。北美收入激增了97％，而國際收入增長了68％。
Per the analyst, the results were driven by the factors that have propelled its growth over the past several years: continued expansion of distribution, increased shelf space in existing customers, and high retail sales velocity.
根據分析師的說法，業績是由過去幾年推動其增長的因素推動的：分銷範圍的持續擴大，現有客戶的貨架空間增加以及零售銷售速度高。
McGowan projects the company's future growth to be driven by further gains in shelf space and velocity, as well as international expansion.
McGowan預計，公司未來的增長將受到貨架空間和速度的進一步提高以及國際擴張的推動。
The analyst forecasts revenues to grow by just under 50% in 2024, which represents slower growth, but implies an incremental revenue greater than the company's total revenues in 2022.
該分析師預測，2024年收入將增長近50％，這意味着增長放緩，但意味着增量收入將超過公司2022年的總收入。
McGowan predicts favorable cost trends for the company to continue but to be offset in 2024 and beyond by international expansion, which will require additional promotion and where margins are inherently lower.
McGowan預測，該公司將繼續保持有利的成本趨勢，但在2024年及以後將被國際擴張所抵消，這將需要額外的晉升，而且利潤率本質上較低。
The analyst sees gross margin percentage at just below 48% in '24 and '25, and a bit lower in '26.
這位分析師預計，24年和25年的毛利率略低於48％，而在26年略低。
These apart, the analyst sees the company to continue investing in selling and marketing to maintain momentum, and expect S&M to approximate 22%-23% of revenue for the next several years.
除此之外，分析師認爲該公司將繼續投資銷售和營銷以保持勢頭，並預計S＆M在未來幾年將佔收入的22％-23％左右。
Price Action: CELH shares are trading lower by 4.72% to $77.77 on the last check Friday.
價格走勢：在週五的最後一次支票中，CELH股價下跌4.72％，至77.77美元。
Photo: Courtesy Celsius Holdings
照片：由 Celsius Holdings 提供
譯文內容由第三人軟體翻譯。