Celsius Holdings posted record third-quarter revenue of $847.2 million, up 17% from $725.1 million, but its namesake CELSIUS brand fell about 6% to $356.8 million and its retail sales dropped 7%. Growth came from Alani Nu, whose revenue rose about 24% to $410.1 million, and from the acquired Rockstar Energy. Gross margin fell to 46.8% from 51.3% as higher aluminum and fuel costs and a bigger share of volume shipped through PepsiCo's delivery system, which carries larger trade discounts, squeezed margins, and adjusted EBITDA fell 3%. The GAAP profit jump mostly reflects last year's one-time charge, and adjusted EPS slipped a penny to $0.41. The company named a new president for the CELSIUS brand and gave no full-year outlook on sales or costs.
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