Celsius Holdings Shares Drop 24% Amid Alani Nu Distribution Shift
Celsius Holdings shares plunged as sales may be disrupted by shifting its Alani Nu brand to PepsiCo’s distribution network.
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PepsiCo Delivers Higher Revenue Despite Volume Slips; CFO Jamie Caulfield Announces Retirement
PepsiCo beat Q3 profit and sales goals, despite lower overall profit and falling product volumes. CFO Jamie Caulfield is retiring and being replaced by Walmart exec Steve Schmitt, effective Nov. 10.
Energy Drink Stocks Get a Boost: Why Celsius and Alani Are Looking Up
Celsius stock got a big upgrade ($70 target). The brand is growing again, and Alani is expected to boost sales via the new Pepsi deal.
Elliott Management's $4 Billion PepsiCo Stake: Pressure Mounts for Strategic Overhaul
Elliott Management's $4B PepsiCo stake pushes for strategic changes to boost its sagging share price. PepsiCo faces struggles in beverages (market share loss) and food (slowed growth), prompting calls for refranchising or a cost structure rethink.
Celsius and PepsiCo Deepen Partnership, Reshaping the Energy Drink Landscape
Celsius & PepsiCo deepen partnership: Celsius acquires Rockstar (US/Canada), Alani Nu to PepsiCo distribution, PepsiCo invests $585M for ~11% stake. Celsius leads US energy strategy, PepsiCo handles distribution for full portfolio.