---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-028756"
form_type: "8-K"
ticker: "MNST"
cik: "0000865752"
company_name: "Monster Beverage Corp"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:58:13.916561+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Monster Beverage reports record Q4 net sales of $1.73B (+14.4%), EPS $0.35 (+22.3%)

## Summary
- Q4 net sales $1.73B (+14.4% YoY); foreign currency adjusted +16.1%.
- Net income $367M (+21.6%); adjusted net income $401.5M (+33.1%).
- Gross margin 54.2% vs 51.8% a year ago; improved by pricing and lower freight costs.
- Alcohol segment impairment charges of $39.9M due to craft beer/seltzer challenges.
- Q4 share repurchases 0.8M shares at avg $54.57; $642.4M remaining under buyback.

## SEC filing metadata
- accession: 0001104659-24-028756
- form_type: 8-K
- ticker: MNST
- cik: 0000865752
- company_name: Monster Beverage Corp
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/865752/000110465924028756/0001104659-24-028756-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/865752/000110465924028756/tm241011d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-028756
- JSON: https://secwatch.observer/filing/0001104659-24-028756.json
- Plain text: https://secwatch.observer/filing/0001104659-24-028756.txt

## Key facts
- Earnings Releases
  Monster Beverage Corp reported the three- and twelve-months ended December 31, 2023 results: revenue $1.73 billion, net income $367.0 million.
  - Period: the three- and twelve-months ended December 31, 2023
  - Revenue: $1.73 billion
  - Net income: $367.0 million
  - Result: reported results
  source text: Lin PondelWilkinson Inc. (310) 279-5980 MONSTER BEVERAGE REPORTS 2023 FOURTH QUARTER AND FULL-YEAR FINANCIAL RESULTS -- Record Fourth Quarter Net Sales Rise 14.4 Percent to $1.73 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $27.1 Million, Rise 16.1 Percent -- -- Gross Profit as a Percentage of Net Sales Improves to 54.2 Percent on
  evidence_url: https://www.sec.gov/Archives/edgar/data/865752/000110465924028756/0001104659-24-028756-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.