Bonnie Herzog
Goldman Sachs Group, Inc., Research Division

Good morning, everyone. Welcome to our Staples Forum. It's a pleasure to introduce our first speakers of the day, Jarrod Langhans, CFO; and Toby David, Chief of Staff of Celsius Holdings. It's certainly an exciting time for Celsius having fully integrated the Alani Nu and Rockstar acquisitions into Pepsi distribution system, while the company's full portfolio of brands now holds an impressive 21% dollar share of the fast-growing energy drink category.

Now Celsius just released impressive Q1 results last week and has some exciting new innovation within the better-for-you functional beverage space that is poised to generate significant shelf space gains this spring. So with that, let's jump into things this morning. Welcome, you two. Thank you so much for joining us.

Toby David
Chief of Staff

Thanks for having us.

Bonnie Herzog
Goldman Sachs Group, Inc., Research Division

All right. So I thought we'd start off high level on the category. And it's really been on fire this year. It's incredible how fast the growth has been despite some of the macro headwinds that we've seen, and I'm thinking about lapping the tough comps from last year. So curious to hear from your perspective, really what's been driving this recent category growth? And ultimately, where has this category been sourcing from?

Toby David
Chief of Staff

Yes. I think when you take a look at the category, it's really the evolution of energy really over the last 15 years has gone from more of an impulse-driven male-oriented category, convenience store