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Celsius Shares Crash As Revenue Misses Estimates
Celsius Shares Crash As Revenue Misses Estimates
Celsius Holdings, the Florida-based beverage company with a portfolio of some of America's top-performing energy drinks, reported weaker-than-expected second-quarter results, as revenue, adjusted earnings, and profitability missed Wall Street estimates.
Second-quarter adjusted earnings fell to 36 cents per share from 47 cents a year earlier, below the 41-cent Bloomberg Consensus estimate. Revenue increased 11% to $817.9 million but missed the $872.6 million estimate, with North American sales of $790.7 million also falling short.
Profitability deteriorated despite sales growth. Gross margin narrowed to 48.1% from...
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Off-Ramp In Progress? Israeli Media Signals 'Completion Phase' Of Iran War
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Aug 7, 2026 / Tyler Durden
Zelensky To Make First-Ever Visit To Serbia, In Symbolic 'Slap In The Face' For Russia
Zelensky To Make First-Ever Visit To Serbia, In Symbolic 'Slap In The Face' For Russia
Serbia is set to host Ukraine's President Volodymyr Zelensky, in a major first of the war which could set off serious diplomatic tensions with Russia, a longtime Serbian ally and 'friend'.
Zelensky will arrive on this first-ever trip on Saturday, August 8, according to Ukrainian officials, despite that Serbia - as a Slavic and Orthodox Christian country - has historically maintained warm ties with Moscow.
via Wiki Commons
But Serbian President Aleksandar Vucic has been a leader who...
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