secwatch.observer — SEC 8-K summary
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Issuer:     Monster Beverage Corp (MNST)
CIK:        0000865752
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001104659-22-114430
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monster Q3 net sales record $1.62B (+15.2% YoY); EPS $0.60; new $500M buyback
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- Net sales record $1.62B, +15.2% YoY (20.2% FX-adjusted); diluted EPS $0.60 vs $0.63.
- Gross margin 51.3% vs 55.9% YoY due to cost inflation; operating income $417.9M vs $444.5M.
- Alcohol Brands segment (CANarchy) contributed $26.8M; international sales 38% of total.
- Board authorized new $500M share repurchase; $182.8M remained under prior program.
- Plans to launch Monster Zero Sugar, 'The Beast Unleashed' alcohol, and water lines in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/865752/000110465922114430/0001104659-22-114430-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/865752/000110465922114430/tm2223883d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-114430

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