{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-113794","form_type":"8-K","ticker":"MNST","cik":"0000865752","company_name":"Monster Beverage Corp","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.184972+00:00","generated_at":"2026-06-09T01:24:26.299177+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Monster Beverage Q3 net sales up 14.3% to $1.86B; net income up 40.4% to $452.7M","bullets":["Net sales record $1.86B (+14.3% YoY); foreign currency adjusted +16.1%; net income $452.7M (+40.4%), diluted EPS $0.43 (+41.3%).","Gross margin improved to 53.0% (53.4% ex-Bang inventory step-up of $7.8M) vs 51.3% a year ago; pricing actions and lower freight/can costs.","Completed Bang Energy acquisition on July 31; recorded $45.4M gain and $8.0M acquisition expenses; inventory step-up impacted gross margin.","International net sales up 20.2% to $733.7M (40% of total); foreign currency adjusted +24.9%.","Repurchased 7.3M shares at avg $54.83 for $400M; $282.8M remaining under buyback."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-113794","json":"https://secwatch.observer/filing/0001104659-23-113794.json","markdown":"https://secwatch.observer/filing/0001104659-23-113794.md","text":"https://secwatch.observer/filing/0001104659-23-113794.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/865752/000110465923113794/0001104659-23-113794-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/865752/000110465923113794/tm2324499d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:24:26.299177+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6751a79b99f581aad4e752bafba72889c5fc3b4e","claim":"Monster Beverage Corp reported third quarter ended September 30, 2023 results: revenue $1.86 billion, net income $452.7 million.","evidence_excerpt":"S. Pondel / Judy Lin PondelWilkinson Inc. (310) 279-5980 MONSTER BEVERAGE REPORTS 2023 THIRD QUARTER FINANCIAL RESULTS -- Record Third Quarter Net Sales Rise 14.3 Percent to $1.86 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $29.2 Million, Rise 16.1 Percent -- -- Gross Profit as a Percentage of Net Sales Improves to 53.0 Percent on","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/865752/000110465923113794/0001104659-23-113794-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$1.86 billion"},{"label":"Net income","value":"$452.7 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}