Celsius Holdings, Inc. (NASDAQ:CELH) Q3 2022 Earnings Conference Call November 9, 2022 4:30 PM ET

Company Participants

Cameron Donahue - Investor Relations

John Fieldly - President and Chief Executive Officer

Jarrod Langhans - Chief Financial Officer

Conference Call Participants

Mark Astrachan - Stifel

Peter Grom - UBS

Jeff Van Sinderen - B. Riley

Jeffrey Cohen - Ladenburg Thalmann

Anthony Vendetti - Maxim Group

Sean McGowan - ROTH Capital

Operator

Good day, ladies and gentlemen, and welcome to the Celsius Quarter Three 2022 Earnings Call. All lines are in a listen-only mode. And the floor will be opened for questions and comments following the presentation. [Operator Instructions]

At this time, it is my pleasure to turn the floor over to your host, Cameron Donahue. Sir, the floor is yours.

Cameron Donahue

Thank you. Good afternoon, everyone. We appreciate you joining us today for Celsius Holdings third quarter 2022 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 their earnings press release upon market close this afternoon, and all materials will be available on the company's website, celsiusholdingsinc.com. As a reminder, before I turn the call 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 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 November 9, 2022. 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 to 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'd like to turn the call over to President and Chief Executive Officer, John Fieldly, for his prepared remarks. John?

John Fieldly

Thank you, Cameron. Good afternoon, everyone, and thank you for joining us today. The company achieved a record quarter in the third quarter of 2022 with sales over $188 million, delivering revenue growth of over 98% and according to their most recent scan data at retail, per IRI MULOC total energy, one week ending October ‘23, 2022, Celsius is now the third largest energy drink in the United States.