earnings
confidence medium
sentiment positive
materiality 0.75
Monster Beverage Q1 EPS up 7.4% to $0.45; gross margin improves to 56.5%
Monster Beverage Corp
- GAAP operating income rose 5.1% to $569.7M; non-GAAP (excl. Alcohol Brands) up 7.9% to $591.2M.
- Net income per diluted share increased 7.4% to $0.45 GAAP; non-GAAP EPS of $0.47, up 10.2% YoY.
- Gross profit as a percentage of net sales improved to 56.5% from prior-year period.