secwatch.observer — SEC 8-K summary
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Issuer:     Monster Beverage Corp (MNST)
CIK:        0000865752
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001104659-22-056465
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monster Beverage Q1 net sales record $1.52B (+22.1% YoY) but net income -6.7% to $294.2M
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- EPS $0.55 diluted, -6.8% YoY; gross margin fell to 51.1% from 57.5% on freight, aluminum, and input cost hikes.
- Completed CANarchy acquisition for $330.4M on Feb 17, 2022; Alcohol Brands segment contributed $15.2M net sales.
- Plans U.S. price increase effective Sept 1, 2022 to mitigate supply-chain cost pressures.
- Operating income down to $399.5M from $414.1M; international sales grew 20.4% to $553.4M, 36% of total.
- No share repurchases in Q1; $441.5M still available under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/865752/000110465922056465/0001104659-22-056465-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/865752/000110465922056465/tm2214593d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-056465

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