Busy Week for Celsius PR Department
Celsius Available at Roche Bros
In continuing a trend of targeting the northeastern portion of America, Celsius Holdings (CSUH.ob) has announced another distribution deal in that part of the country.
Celsius, the world's first calorie burning beverage, will now be available in 195 locations of Shaw's Supermarkets. Shaw's has locations in Maine, Massachusetts, New Hampshire, Rhode Island, Connecticut and Vermont.
This announcement complements the two distribution agreements announced last week and provides more evidence that Celsius is a growing brand, specifically in the areas targeted by the ongoing radio ad campaign.
Trading at it's 52-week high of twenty cents, CSUH offers a nice buying opportunity for those who see potential with Celsius but have not yet bought into the company.
Next quarter will most certainly reveal over a million dollars in sales. Based on the current growth rate and last quarter's earnings of near $1 million, I expect to see a number in the range of $1.5 million in sales for Q2, if not more.
The company is also expected to announce the launch of a new 'Celsius energy shot' before long.
With summer looming, things are heating up for Celsius.
VFC is long CSUH.ob