earnings
confidence high
sentiment positive
materiality 0.85
Monster Beverage Q1 net sales up 27% to $2.35B; EPS $0.58, operating income +28%
Monster Beverage Corp
- Net sales $2.35B (+26.9% YoY); operating income $730M (+28.1%); net income $569.5M (+28.6%).
- Diluted EPS $0.58 (+27.6% YoY); non-GAAP adjusted EPS also $0.58.
- US energy drink category grew 10.7% in 13 weeks; Monster brand $ share 29.6% (up 0.8 pts) in C&G 4-week.
- Competitor trends: Alani Nu +95%, Ghost +19%; Celsius -2.6%, Bang -22.6%, Reign -15.9%.
- International growth: Canada TNA energy +15.8%; EMEA category +10.5%; Latin America category +15.6%.