secwatch.observer — SEC 8-K summary
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Issuer:     Monster Beverage Corp (MNST)
CIK:        0000865752
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001104659-22-026611
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monster Beverage reports record Q4 2021 net sales $1.43B; net income down; completes CANarchy acquisition
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- Record Q4 net sales $1.43B, +19.1% YoY; full-year net sales $5.54B, +20.5% YoY.
- Net income Q4 $321.3M ($0.60 diluted EPS), down 32.1% from $0.88 YoY due to non-recurring tax benefit.
- Excluding 2020 tax benefit and product returns, adjusted EPS Q4 $0.60 vs $0.62 prior year.
- Gross margin declined to 53.9% from 57.7% on higher aluminum can costs and freight.
- Completed CANarchy acquisition for $330M on Feb 17, entering alcohol beverage sector.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/865752/000110465922026611/0001104659-22-026611-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/865752/000110465922026611/tm227563d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-026611

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