{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-115332","form_type":"8-K","ticker":"MNST","cik":"0000865752","company_name":"Monster Beverage Corp","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.177283+00:00","generated_at":"2026-05-30T04:09:24.865412+00:00","sec_items":["2.02","5.02","5.03","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Monster Q3 net sales $1.88B (+1.3%), adjusted EPS $0.40 vs $0.41 YoY; operating income down","bullets":["Q3 net sales $1.88B (+1.3% YoY); on FX-adjusted basis +4.7% (ex-alcohol +5.0%).","GAAP EPS $0.38 (down 11.7% YoY); adjusted EPS $0.40 vs $0.41; net income $370.9M (-18.1%).","Monster Energy Drinks segment net sales $1.72B (+0.8%); Strategic Brands +14.0%; Alcohol Brands -6.0%.","Board elected William W. Douglas III as director effective Jan 1, 2025; adopted majority voting for director nominees.","Repurchased 11.3M shares for $534.7M in Q3; ~$500M remaining under buyback authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-115332","json":"https://secwatch.observer/filing/0001104659-24-115332.json","markdown":"https://secwatch.observer/filing/0001104659-24-115332.md","text":"https://secwatch.observer/filing/0001104659-24-115332.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/865752/000110465924115332/0001104659-24-115332-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/865752/000110465924115332/tm2427782d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T04:09:24.865412+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":"37a742070a","claim":"William W. Douglas III was elected as Director at Monster Beverage Corp.","evidence_excerpt":"On November 6, 2024, the Board of Directors (the “Board”) of the Company elected Mr. William “Bill” W. Douglas III to serve as a director of the Company, effective January 1, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/865752/000110465924115332/0001104659-24-115332-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}