CELH stock soared Thursday after Celsius announced its Q2 results. Fitness-equipment innovator Peloton also advanced after posting much better-than-expected earnings for its Q4 report.
Celsius on Thursday reported an 18% increase in earnings to 33 cents per share, clearing estimates for 21 cents per share. Revenue for the energy drink maker spiked 84% to a record $740 million, which trounced views for $655.7 million.
Celsius said that the massive revenue jump reflected its Alani Nu acquisition and accelerating demand for its energy drink portfolio. Retail sales for the Celsius portfolio jumped 29% from last year.
"As momentum builds across the energy drink category, our brands continue to lead — driving household penetration, expanding shelf space and outperforming expectations," CEO John Fieldly said in the release.
Celsius held a 17.3% dollar share of the U.S. energy drink category for the quarter, the company claimed, up 180 basis points from last year, due to strong demand for zero sugar, functional beverages.
Celsius brand retail sales were up 3% from last year, and increased almost 18% from last quarter, respectively.
Alani Nu retail sales vaulted 129% year-over-year, with a 39% jump from last quarter.
CELH stock rallied 17.3% Thursday, to jump back above technical support and break past an alternative buy point at 48.47.
Celsius soared more than 90% so far this year. Still, shares remain 49% off their record high from March 2024.
Interactive exercise equipment maker Peloton Interactive on Thursday reported that earnings improved to 5 cents per share from a loss of 8 cents per share last year. Revenue declined 5.7% to $607 million.
Analysts polled by FactSet expected a loss of 7 cents per share on $580 million in revenue.
Sales for its fitness products declined 6.4% to about $199 million, but still easily topped views for $170.3 million. Peloton's subscription revenue slid more than 5% to $408.3 million, coming in below estimates for $410 million.
The company ended the quarter with 6 million members and 2.8 million paid connected fitness subscriptions, both down 6% from last year.
For Q1, Peloton expects revenue to range from $525 million to $545 million, which is below FactSet forecasts for $555 million in revenue.
The number of ending paid connected fitness subscriptions are expected to range from 2.72 million to 2.73 million.
Peloton forecasts revenue for 2026 to range from $2.4 billion to $2.5 billion. Analysts expect $2.42 billion in revenue for the year.
PTON stock jumped more than 10% early Thursday, to overtake an aggressive buy point at 7.48, as well as a flat base entry at 7.99. But Peloton pared its gain to less than 1% by Thursday's close, ending back below its 200-day line.
Shares have rallied almost 53% from their April 4 low. Peloton is down about 18% this year.
You can follow Harrison Miller for more stock news and updates on X/Twitter @IBD_Harrison
