Shares declined 1.6% following the earnings release, reflecting investor caution despite revenue growth, as the company flagged Rockstar integration as a stabilization effort and offered a cautious near-term outlook on brand trajectory.

• Reported a record Q1 revenue of $783 million driven by portfolio expansion and share gains, now representing about 20.9% of the U.S. energy drink market.
• Completed Alani Nu integration capturing approximately $50 million in synergies, simplifying operations and enhancing commercial alignment.
• Rockstar brand integration remains in progress, with 2026 described as a stabilization year, signaling ongoing challenges and limited near-term upside from this segment.
• Product innovation continued to support growth, with successful limited-time offers like Alani Nu’s Lime Slush and CELSIUS fizz-free platform expanding distribution.
• Management emphasized disciplined SKU optimization and portfolio prioritization, but provided a guarded outlook amid broader consumer staples headwinds.