Celsius CEO talks record Q4 revenue up 95% year-over-year

Описание к видео Celsius CEO talks record Q4 revenue up 95% year-over-year

Shares of Celsius Holdings (CELH) are trading higher Thursday morning after the company issued its fourth quarter report, posting record revenue of $347 million –– a 95% increase year over year. Celsius (CELH) CEO John Fieldly joins Yahoo Finance to discuss the company's performance and review the many partnerships the company has signed to expand distribution and overall success.

When asked about price increases for the company's product amid competitors' pricing adjustments, Fieldly states: "We have a variety of different promos and deals. We'll continue to evolve and see how the category goes. We're being very methodical. If you look at price elasticity, we are part of a daily routine and daily lifestyle so, when you look at consumers looking to cut something out of their budget, likely that extra trip to the restaurant, maybe that dessert, those types of items, we're not really seeing that historically in the energy category. "
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