Core Viewpoint - Monster Beverage Corporation is positioned to benefit from a generational consumer trend, with a robust growth story and diversified product offerings, despite recent underperformance compared to the S&P 500 [2][4][16] Financial Performance - The company achieved a net sales increase of approximately 14.35% in the latest full year, contributing to a 10-year compound annual growth rate of 12.26% [4] - In Q4, Monster Energy Drinks generated $1.6 billion in revenue, up from $1.39 billion the previous year, capturing 29.7% of the U.S. market share [5] - The alcoholic brands segment reported Q4 sales of $35.2 million, reflecting a year-over-year increase of 30.6% [7] Product Portfolio - Monster's revenue mix is heavily reliant on its Monster Energy drinks, but the company has diversified through strategic brand acquisitions and the introduction of alcoholic beverages [4][5] - The acquisition of Bang Energy has increased market share and introduced product differentiation advantages [5] - The Strategic Brands segment saw a slight decline in sales to $91.8 million in Q4, raising questions about its long-term strategy [6] Market Trends - The alcoholic beverage market is expected to grow at a rate of 11.2% per year until 2030, with hard seltzers projected to proliferate at 14.9% per year, indicating a favorable market environment for Monster's new product lines [7] Valuation and Technical Analysis - The stock is theoretically fairly valued with a December 2025 Forward P/E of 25.55x and a PEG ratio of 1.02x, suggesting potential for upward adjustment if growth is sustained [8] - Monster's stock is trading above its moving averages, indicating a positive momentum trend, with a 1-year RSI of 64.33, suggesting it is not yet overbought [9] Options Activity - The put call ratio of 1.32 indicates high put activity, which may provide a countercyclical benefit to bullish investors, suggesting potential for a price pivot [11]

Core Insights - Monster Beverage Corporation has shown strong performance driven by robust business strategies, product launches, and expansion in the energy drinks category [1] - The company's shares have increased by 18% over the past year, outperforming the industry growth of 4.9% [1] - Analysts are optimistic, with the Zacks Consensus Estimate for 2024 sales at $1.93 billion and earnings per share at 44 cents, reflecting year-over-year growth of 13.3% and 15.8% respectively [1] Business Performance - The energy drinks segment's net sales rose by 15.1% year over year to $1.60 billion in Q4 2023, with a currency-adjusted increase of 16.5% [2] - Monster Beverage maintains market share leadership in the energy drinks category across all outlets in the U.S. for both the 13-week and four-week periods ending February 17, 2024 [2] Product Innovation - The company has launched several new products in various international markets, including Monster Aussie Lemonade in Japan and Monster Ultra Paradise in Malaysia [3] - The introduction of The Beast Unleashed, a flavored malt beverage alcohol product, has received positive feedback and is set for nationwide distribution in the U.S. [3] Pricing Strategy - Monster Beverage has implemented price hikes in Q4 2023 and plans additional increases in various markets to counter rising commodity costs and inflation [4] - The gross margin expanded by 240 basis points to 54.2% in Q4 2023, attributed to pricing actions, lower freight-in costs, and reduced input costs [4]

Investors in Monster Beverage (MNST 5.74%) were feeling energized on Thursday. The stock jumped 5% by 2 p.m. ET today compared to a 0.4% uptick in the wider market, according to data provided by S&P Global Market Intelligence.The beverage giant's shares are still trailing the S&P 500 in the past year, though, rising 15% through late February compared to the index's 28% rally.Thursday's spike was powered by good news on the earnings front.Good growth newsMonster Beverage announced fourth-quarter results befo ...

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 ...

Core Insights - Wall Street analysts expect Monster Beverage to report quarterly earnings of $0.39 per share, reflecting a year-over-year increase of 34.5% [1] - Revenues are projected to reach $1.75 billion, representing a 15.9% increase from the same quarter last year [1] Revenue Estimates - Analysts forecast 'Net Sales- Alcohol Brands' to reach $44.82 million, indicating a year-over-year change of +66.4% [2] - 'Net Sales- Strategic Brands' is expected to be $127.79 million, showing a change of +37.5% from the prior-year quarter [2] - 'Net Sales- Monster Energy Drinks' is estimated at $1.58 billion, reflecting a year-over-year change of +13.7% [2] Other Revenue Metrics - The consensus estimate for 'Net Sales- Other' stands at $4.40 million, suggesting a change of -4.2% year over year [3] - 'Revenue- Outside United States' is projected to reach $611.15 million, indicating a change of +20.3% from the prior-year quarter [3] - Estimated 'Geographic Revenue- United States and Canada' is $1.10 billion, suggesting a change of +10% year over year [3] Stock Performance - Shares of Monster Beverage have changed by -0.1% in the past month, compared to a +5% move of the Zacks S&P 500 composite [3] - With a Zacks Rank 3 (Hold), Monster Beverage is expected to mirror overall market performance in the near future [3]

Core Viewpoint - Monster Beverage Corporation is expected to report strong revenue and earnings growth for the fourth quarter of 2023, with anticipated revenues of $1.75 billion and earnings of 39 cents per share, reflecting year-over-year growth of 15.9% and 34.5% respectively [1] Financial Performance - The Zacks Consensus Estimate for 2023 revenues is $7.2 billion, indicating a growth of 13.5% from the previous year, while earnings are expected to reach $1.56 per share, suggesting a growth of 39.3% [1] - In the last reported quarter, the company achieved an earnings beat of 2.5% and has delivered an average earnings surprise of 1.9% over the trailing four quarters [2] Key Factors Driving Performance - Continued strength in the energy drinks category is driving Monster Beverage's performance, supported by product innovation and a steady lineup of product launches [3] - The company is expected to benefit from gains in the Monster Energy family of brands and strength in Strategic and Affordable energy brands [3] - Pricing increases, lower freight-in costs, and reduced aluminum can costs are contributing to robust margins, with management strategically adjusting pricing to offset inflationary pressures [4] Market Challenges - The beverage industry presents challenges, including rising costs and shifting consumer preferences impacting volumes of soda and energy drinks [5] - Increased product-mix costs and higher advertising expenses are putting pressure on profits and margins [5] Earnings Prediction - The Zacks model predicts an earnings beat for Monster Beverage, with an Earnings ESP of +10.03% and a Zacks Rank of 3 [6]

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 ...

Core Insights - Monster Beverage has been the best-performing stock over the past three decades, with a stock appreciation of about 200,000% since 1994, turning a $1,000 investment into approximately $2 million today [1][3] - The company's success is attributed to its leadership, particularly co-CEOs Rodney Sacks and Hilton Schlosberg, who effectively capitalized on the emerging energy drink market [1][2] Company Performance - In Q3 of the previous year, Monster Beverage reported net sales of $1.86 billion, marking a 14.3% increase year-over-year, with the Monster Energy segment contributing $1.71 billion [2] - The company was originally founded as Hansen's in 1935 and underwent a transformation after being acquired and taken public in 1990, with its stock price rising from mere pennies to $55.02 per share [3] Strategic Growth - The launch of the Monster Energy drink in 2002 marked a significant turning point for the company, which had previously struggled to gain traction [3] - The company adopted a methodical approach to brand distribution, ensuring strong market presence and good sales velocity in retail [3] - Monster Beverage has focused its marketing on action sports and events, resonating with younger blue-collar demographics rather than traditional advertising methods [3] Partnerships and Market Expansion - In 2015, Coca-Cola acquired a 16.7% stake in Monster Beverage for over $2 billion, which has since increased to about 20% [4] - The partnership established Coca-Cola as Monster's preferred global distribution partner, facilitating brand exchanges that enhanced Monster's product portfolio [4] - Analysts note that Monster's ability to grow globally has been a key driver of its stock performance [4]