{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-028951","form_type":"8-K/A","ticker":"MNST","cik":"0000865752","company_name":"Monster Beverage Corp","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.084003+00:00","generated_at":"2026-06-05T07:41:43.362535+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Monster Beverage Q4 net sales rise 14.4% to $1.73B; net income up 21.6% to $367M","bullets":["Record Q4 net sales $1.73B (+14.4% YoY); foreign currency adjusted growth 16.1%.","Net income $367.0M (+21.6%); diluted EPS $0.35 (+22.3%); adjusted net income $401.5M (+33.1%).","Gross margin 54.2% (54.5% ex-Bang step-up) vs 51.8% YoY on pricing and lower freight costs.","Alcohol Brands segment recorded $39.9M impairment charge; segment net sales rose 30.6% to $35.2M.","Repurchased ~0.8M shares at avg $54.57 in Q4; $642.4M remaining under repurchase programs."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-028951","json":"https://secwatch.observer/filing/0001104659-24-028951.json","markdown":"https://secwatch.observer/filing/0001104659-24-028951.md","text":"https://secwatch.observer/filing/0001104659-24-028951.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/865752/000110465924028951/0001104659-24-028951-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/865752/000110465924028951/tm241011d3_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:41:43.362535+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":"05c972a464f93c03acb7c49cbb6c9565d233d3b3","claim":"Monster Beverage Corp reported the 2023 fourth quarter results: revenue $1.73 billion, net income $367.0 million.","evidence_excerpt":"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 a Reported Basis and to 54.5 Percent Excluding the Bang Inventory Step-Up -- -- Fourth Quarter Net Income Increases 21.6 Percent to $367.0 Million -- -- Fourth Quarter Net Income, Excluding Alcohol Brands Segment Impairment Charges and the Bang Inventory Step-Up, Increases 33.1 Percent to $401.5 Million -- Corona, CA – February 28, 2024* – Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three- and twelve-months ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/865752/000110465924028951/0001104659-24-028951-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 2023 fourth quarter"},{"label":"Revenue","value":"$1.73 billion"},{"label":"Net income","value":"$367.0 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"}