Celsius Holdings, Inc. (NASDAQ:CELH) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET
Company Participants
Cameron Donahue - IR
John Fieldly - President, CEO and Chairman
Jarrod Langhans - CFO
Conference Call Participants
Jon Keypour - Bank of America
Mark Astrachan - Stifel
Peter Grom - UBS
Jeff Van Sinderen - B. Riley
Michael Lavery - Piper Sandler
Gerald Pascarelli - Wedbush Securities
Jim Salera - Stephens
Sean McGowan - ROTH
Thomas Custance - Maxim Group
Operator
Good day, ladies and gentlemen, and welcome to the Celsius Second Quarter 2023 Earnings Call. [Operator Instructions]
At this time, it is my pleasure to turn the floor over to your host, Cameron Donahue, Investor Relations for Celsius.
Cameron Donahue
Thank you and good afternoon, everyone. We appreciate you joining us today for Celsius Holdings second quarter 2023 earnings conference call. Joining me on the call today are John Fieldly, President and Chief Executive Officer, and Jarrod Langhans, Chief Financial Officer.
Following the prepared remarks, we'll open the call to your questions and instructions will be given at that time. The company released the earnings press release earlier this afternoon and all materials will be available on the company's website, celsiusholdingsinc.com. As a reminder, before I turn the call over to John, an audio replay will be available later today and can be accessed with the same live webcast link in our conference call announcement and press release. Please also be aware, that this call may contain forward-looking statements which are based on forecasts, expectations, and other information available to management as of August 8, 2023.
These statements involve numerous risks and uncertainties, including many that are beyond the company's control. Except to the extent as required by law, Celsius Holdings undertakes no obligations and disclaims any duty to update any of these forward-looking statements. We encourage you to review in full our Safe-Harbor statements contained in today's press release and our quarterly filings with the SEC for additional information.
With that, I will turn the call over to President and Chief Executive Officer, John Fieldly, for his prepared remarks. John?
John Fieldly
Thank you, Cameron, and good afternoon, everyone. We thank you for joining us today.
On our first quarter call, I highlighted that it was the first quarter in company history to exceed $200 million in sales. Today, I highlight for the first time in company history we have achieved over $300 million in a single quarter. Our record sales in the second quarter totaled approximately $326 million, an increase of 112% from last year's second quarter of approximately $154 million.