earnings
confidence high
sentiment positive
materiality 0.75
Monster Beverage Q3 net sales up 16.8% to $2.20B; EPS $0.53 (+41.1%)
Monster Beverage Corp
- Record Q3 net sales of $2.20B, up 16.8% YoY; operating income $675.4M (+40.7%).
- Net income $524.5M (+41.4%); diluted EPS $0.53 vs $0.38 year ago (+41.1%).
- Monster Energy Drinks segment sales $2.03B, up 17.7% (16.0% FX-adjusted).
- Net sales FX-adjusted increased 15.1% overall; favorable FX impact of $31.8M.