Celsius Holdings Inc at Morgan Stanley Global Consumer & Retail Conference Transcript

Dec 06, 2023 / 06:30PM GMT
Eric Adam Serotta - Morgan Stanley, Research Division - Equity Analyst

Good afternoon, everyone. We're going to get started here. I'm Eric Serotta from Morgan Stanley's beverages and household products team, and I'm very pleased to welcome Celsius Holdings to Morgan Stanley's Global Consumer and Retail Conference.

Before we begin, please see Morgan Stanley's research website at www.morganstanley.com/researchdisclosures for important disclosures. And if you have any questions, you could reach out to your MS sales representative.

As many of you know, Celsius has been on an incredible growth trajectory. Celsius became the #3 player in the energy drink category last year and on the heels of a distribution agreement with Pepsi, which started October 1 of last year, has reached 9%, 9.5% share in Nielsen tracked channels recently.

Joining us today are EVP Toby David and CFO Jarrod Langhans. Toby, Jarrod, thank you for joining us, and thanks for the product samples, keeping us caffeinated for the

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