---
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"
generated_at: "2026-05-30T04:09:24.865412+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Monster Q3 net sales $1.88B (+1.3%), adjusted EPS $0.40 vs $0.41 YoY; operating income down

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-115332
- JSON: https://secwatch.observer/filing/0001104659-24-115332.json
- Plain text: https://secwatch.observer/filing/0001104659-24-115332.txt

## Key facts
- Executive change
  William W. Douglas III was elected as Director at Monster Beverage Corp.
  - Action: elected
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/865752/000110465924115332/0001104659-24-115332-index.htm

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