Core Insights - Jefferies reports that Red Bull's new flavors are gaining market share from Celsius Holdings Inc and Monster Beverage Corp [1] - Short interest in Celsius stock is significant at 16% of its available float, while Monster's short interest is at 4% [1] Celsius Holdings Inc - Celsius stock has underperformed, reaching a 52-week low of $31.55 on September 6 [1] - The stock is currently down 1.4% at $34.33, contributing to a year-to-date deficit of 37% [1] - The 20-day moving average has guided Celsius lower since May, with recent pressure at the $35 level [1] Monster Beverage Corp - Monster Beverage stock has trended upward since its 52-week low of $43.32 on August 8, currently up 1.9% at $52.02 [1] - Despite the recent uptick, Monster stock is still down 9.7% in 2024 [1] - The $52 level has previously rejected the shares in late July and early August, indicating potential resistance [1]

Monster Beverage Corporation (MNST) stock has lost 13.8% in the year-to-date period, underperforming its industry peers and the S&P 500 index. MNST's stock movement reflects a decline from the industry and the Consumer Staples sector's growth of 12.4% and 10.4%, respectively. The company also underperformed the S&P 500's 15% rise in the same period. MNST Price Performance Image Source: Zacks Investment Research At the current price of $49.65, the stock trades at a 23.3% discount to its 52-week high of $61.2 ...

Core Viewpoint - Monster Beverage (MNST) has experienced disappointing results leading to a significant decline in share price, but the company is expected to recover due to historical trends, visible catalysts, and international performance [2][3]. Financial Performance - MNST's revenue growth fell sharply to 2.5% in 2Q24 from previous low-teen percentages, with EPS growth slowing to 5% [3]. - July global sales increased by only 5.9%, indicating a potential decline of ~3% on a same-day basis, suggesting ongoing demand weakness into 3Q24 [3]. Market Dynamics - The energy drink category in the US is not in structural decline, with the current slowdown attributed to macroeconomic factors such as high interest rates and inflation affecting consumer spending [3]. - International markets, particularly Europe, have shown signs of recovery, with MNST's international growth at 14% on a local currency basis [5]. Growth Catalysts - MNST plans to launch new products globally, including Ultra Vice Guava, and implement a 5% price increase on core brands in 2H24, which is expected to support revenue growth [5]. - The company is also seeing robust performance in China following the rollout of Predator Gold Strike [5]. Margin and Valuation - Gross margins are expected to improve as supply challenges are resolved and production efficiencies increase, with commodity prices beginning to decline [6]. - The stock is currently trading at 27x forward PE, with an expected growth of 5% in FY24 and a gradual improvement to 10% by FY26, suggesting attractive upside potential [12][14].

It has been about a month since the last earnings report for Monster Beverage (MNST) . Shares have added about 7.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Monster Beverage due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Monster Beverage's Q2 Earnings & Sal ...

CORONA, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today announced that its Board of Directors has authorized a new share repurchase program for the repurchase of up to an additional $500.0 million of the Company's outstanding common stock. As of August 19, 2024, no amount remained available for repurchase under the Company's previously authorized repurchase program. The Company expects to make the share repurchases from time to time in the open market, through priv ...

Turmoil in the market can put even the most seasoned investors at unease. Thankfully, several stocks for uncertain times can help weather the storm. These stocks show promise of stability, consistent returns and resilience during unfavorable market conditions. An uncertain economy, commonly referred to as a “bouncy” economy is when the future of the economy can be hard to predict with several unknowns on the horizon. This year, inflationary concerns and questions over interest rate cuts have caused several ...

Core Insights - Monster Beverage's international operations are crucial for assessing its financial resilience and growth prospects in a global economy [1][6] - The company's total revenue for the quarter was $1.9 billion, reflecting a 2.5% increase year-over-year [2] International Revenue Trends - Latin America and Caribbean contributed $163.38 million, or 8.6% of total revenue, which was a -4.51% surprise compared to expectations of $171.1 million [3] - EMEA generated $393.92 million, accounting for 20.7% of total revenue, with a -13.25% surprise against the consensus estimate of $454.07 million [3] - Asia Pacific accounted for $145.09 million, or 7.6% of total revenue, showing a +0.17% surprise compared to the expected $144.84 million [4] Future Revenue Projections - Analysts anticipate total revenue of $1.96 billion for the current fiscal quarter, a 5.8% increase year-over-year, with expected contributions from Latin America and Caribbean (8.6%), EMEA (23.6%), and Asia Pacific (7.6%) [5] - For the full year, total revenue is projected to reach $7.65 billion, up 7.2% from the previous year, with specific contributions from each region [5] Conclusion - Monitoring international revenue trends is essential for projecting Monster Beverage's future trajectory amid growing international ties and geopolitical disputes [6]

Core Insights - Monster Beverage reported $1.9 billion in revenue for the quarter ended June 2024, a year-over-year increase of 2.5% with an EPS of $0.41 compared to $0.39 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $2.02 billion, resulting in a surprise of -6.04%, while the EPS also missed the consensus estimate of $0.45 by -8.89% [1] - Key metrics provide better insight into the company's underlying performance, influencing both top- and bottom-line results [1] Financial Performance - Net Sales for Alcohol Brands were reported at $41.56 million, significantly below the average estimate of $61.09 million, representing a year-over-year decline of -32% [3] - Net Sales for Strategic Brands reached $109.22 million, slightly above the average estimate of $105.17 million, showing a year-over-year increase of +9.6% [3] - Net Sales for Other categories were $1.74 billion, compared to the estimated $1.86 billion, reflecting a year-over-year increase of +3.3% [3] - Net Sales for Monster Energy Drinks were reported at $7 million, below the average estimate of $8.05 million, indicating a year-over-year decrease of -4.2% [3] Stock Performance - Monster Beverage shares returned +1.4% over the past month, contrasting with the Zacks S&P 500 composite's -6.5% change [2] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [2]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 Commission File Number 001-18761 MONSTER BEVERAGE CORPORATION (Exact name of registrant as specified in its charter) Delaware 47-1809393 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1 Monster Way Corona, California 92879 (Ad ...

Core Insights - Monster Beverage reported second-quarter revenue and profit below analysts' expectations, with earnings per share (EPS) of 41 cents and net sales of $1.90 billion, reflecting a year-over-year increase of 2.5% [1][2] - Co-CEO Hilton Schlosberg indicated that the energy drinks sector is facing challenges due to declining foot traffic in convenience stores and a shift towards mass and dollar retail channels [1] - The company plans to implement a 5% price increase on its core brands and packages in the U.S. starting November 1 [2] Company Performance - Monster's shares fell over 10% to $45.25 following the earnings report, marking a decline of approximately 21% year-to-date [2] - The company's performance was impacted by a tighter consumer spending environment and weaker demand, which were also noted by other beverage and consumer packaged goods companies [1]