Celsius Holdings, Inc. (NASDAQ:CELH) Q1 2024 Earnings Call Transcript

John Fieldly: Yes, so I think jumping to 11.5%, I think the last pull maybe been the last couple weeks is more like 11.8%. So, we do continue to see the number climb as we go through April and into May. So, we are seeing good progress as those resets continue to happen. We’ll benefit once they’re fully baked in, we really see where we are once we get to early July, once everything’s baked in. So, we continue to be on track. There’s been some rumblings out there that it’s been a little slower in terms of resets this year versus prior years. But we’re going to have the best space gains we’ve had in the history of the company. We’re super excited about it. We’re — our key account team and our sales guys are working diligently with all of our customers. And we’re going to have a phenomenal back half of the year once we get all these resets in place.

Peter Grom: Thanks so much. I’ll pass it on.

John Fieldly: Thank you.

Operator: We have reached the end of the question-and -answer session. I would now like to hand back the call over to John Fieldly for final remarks.

John Fieldly: Thank you, operator, and thanks for everyone for joining us this morning. We’ve heard your feedback from our investors and analysts about the earlier start time. So, starting next quarter, we will begin to start this call a little bit earlier. Thank you for all of our partners, especially to our employees who have worked so hard. Your passion and [drive] (ph) is what makes Celsius special. Celsius will be participating in several upcoming conferences, and I look forward to seeing each and every one of you there. A full schedule of the upcoming conferences will be posted shortly. Until then, stay healthy and live fit. Make it a great day, and grab a refreshing CELSIUS.

Operator: Thank you so much for attending today’s conference call. You may now disconnect. Have a wonderful day.