Celsius Holdings Inc Q2 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: James Ronald Salera - Stephens Inc., Research Division - Analyst : I wanted to dig down a little bit on the club channel. Do you have any sense for how many of the consumers that are purchasing in club are incremental to the brand, given that it's probably a different consumer than would be in a c-store or maybe even a traditional [FEM]? Do you have any sense for how many of them are new or have trialed it in a single-serve option and then are buying the pack in club? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 08, 2023 / 8:30PM, CELH.OQ - Q2 2023 Celsius Holdings Inc Earnings Call

Question: James Ronald Salera - Stephens Inc., Research Division - Analyst : What would drive -- so are they consumers that are new to the brand and are just buying -- because I would think buying a larger pack size is like -- of an 18-pack is something that core energy drink consumer would buy, but you guys have done a very good job of kind of reaching outside that core energy drink buyer. So do you have any sense for -- is this like a traditional coffee or a tea consumer that's trying Celsius because it has a different positioning than the traditional energy beverage?