Monster Beverage Corporation (MNST) delivered fourth-quarter 2023 results, wherein the top and bottom lines came below the Zacks Consensus Estimate. However, both metrics improved year over year on gains from the expansion of the energy drinks category and product launches.Monster Beverage’s adjusted earnings of 38 cents per share missed the Zacks Consensus Estimate of 39 cents. The figure advanced 31% year over year.Net sales of $1.73 billion improved 14.4% year over year but lagged the consensus estimate ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 001-18761 MONSTER BEVERAGE CORPORATION (Exact name of registrant as specified in its charter) Delaware 47-1809393 (State or o ...

Exhibit 99.1 PondelWilkinson Inc. 2945 Townsgate Road, Suite 200 Westlake Village, CA 91361 Investor Relations T (310) 279 5980 Strategic Public Relations Wwww.pondel.com CONTACTS: Rodney C. Sacks Chairman and Co-Chief Executive Officer (951) 739-6200 NEWS Hilton H. Schlosberg RELEASE Vice Chairman and Co-Chief Executive Officer (951) 739-6200 Roger S. Pondel / Judy Lin PondelWilkinson Inc. (310) 279-5980 MONSTER BEVERAGE REPORTS 2023 FOURTH QUARTER AND FULL-YEAR FINANCIAL RESULTS -- Record Fourth Quarter N ...

Wall Street analysts expect Monster Beverage (MNST) to post quarterly earnings of $0.39 per share in its upcoming report, which indicates a year-over-year increase of 34.5%. Revenues are expected to be $1.75 billion, up 15.9% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earnings, it is essenti ...

Monster Beverage Corporation (MNST) is expected to report fourth-quarter 2023 results on Feb 28, after the closing bell. The beverage company is anticipated to have witnessed revenue and earnings growth in the to-be-reported quarter.The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $1.75 billion, indicating growth of 15.9% from the reported figure in the year-ago quarter. The consensus estimate for earnings of 39 cents per share suggests growth of 34.5% from the year-ago quarter’s actual ...

The most recent trading session ended with Monster Beverage (MNST) standing at $55.40, reflecting a +0.69% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.6% loss on the day. Elsewhere, the Dow saw a downswing of 0.17%, while the tech-heavy Nasdaq depreciated by 0.92%.The energy drink maker's stock has dropped by 2.31% in the past month, falling short of the Consumer Staples sector's gain of 1.81% and the S&P 500's gain of 3.56%.Market participants will be closely follow ...

The best-performing stock of the past three decades is not one of the tech titans you'd assume.It's actually an energy drink company: Monster Beverage. Monster's stock has climbed for decades, along with sales, which have grown consistently for 31 years straight. Between Feb. 14, 1994, and Wednesday, Monster's stock appreciated by about 200,000%. That means that if a consumer had invested $1,000 in 1994, the stake would be worth about $2 million today. Analysts say several factors have driven Monster's succ ...

Monster Beverage Corp. (MNST) has been experiencing continued strength in its energy drinks category, which is driving its performance. The company has been benefiting from the expansion of the energy drinks category and product launches. Product innovation has played a significant role in the company's success.Pricing increases, along with lower freight-in costs and reduced aluminum can costs, have been contributing to robust margins. The company’s steady lineup of product launches is likely to help retain ...

The latest trading session saw Monster Beverage (MNST) ending at $55.12, denoting a -0.42% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.32%. Meanwhile, the Dow experienced a drop of 0.71%, and the technology-dominated Nasdaq saw a decrease of 0.2%.Coming into today, shares of the energy drink maker had lost 3.81% in the past month. In that same time, the Consumer Staples sector gained 1.08%, while the S&P 500 gained 4.59%.Investors will be eagerly watc ...

-- Change Will Leverage Parent Company Brand Equity -- CORONA, Calif. and LONGMONT, Colo., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today announced that effective immediately, CANarchy Craft Brewery Collective ("CANarchy") will operate under the name Monster Brewing Company. CANarchy's new alcohol products, The Beast Unleashed™ and Nasty Beast™ Hard Tea, now represent the majority of the Company's alcohol beverage sales. This change will better align the business with Mon ...