---
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"
generated_at: "2026-06-05T07:41:43.362535+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Monster Beverage Q4 net sales rise 14.4% to $1.73B; net income up 21.6% to $367M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-028951
- JSON: https://secwatch.observer/filing/0001104659-24-028951.json
- Plain text: https://secwatch.observer/filing/0001104659-24-028951.txt

## Key facts
- Earnings Releases
  Monster Beverage Corp reported the 2023 fourth quarter results: revenue $1.73 billion, net income $367.0 million.
  - Period: the 2023 fourth quarter
  - Revenue: $1.73 billion
  - Net income: $367.0 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/865752/000110465924028951/0001104659-24-028951-index.htm

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