Jun 06, 2023 / 06:25PM GMT
Mark Astrachan - Stifel Financial Corp. - Analyst
(audio in progress) Great. Well, thanks, everybody, for joining us. Excited to have Celsius Holdings here again, second year in a row. We've got Chairman and CEO, John Fieldly, Executive VP, Toby David. It's been an amazingly wild ride for the last 12 months for these guys.
Unbelievable sales, stock appreciation, I was looking earlier, up 115% since we were sitting here 12 months ago. Strategic distribution deal with Pepsi announced about 10.5 months ago. Distribution points have doubled since then. It's pretty crazy. I guess we'll see what happens in 12 months when we're sitting here.
Questions and Answers:
Mark Astrachan - Stifel Financial Corp. - AnalystSo just to start, the Pepsi transition has been unbelievable. So Pepsi took a stake last summer, transitioned over in the US to being your distribution partner. It's been as smooth as -- I think anyone can recall a beverage distribution transition has been. What surprised you? What could be better from here, kind of where do we go from