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OFFON

MONSTER BEVERAGE CORPORATION

(MNST)
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Monster Beverage Announces Virtual Investor Meeting/Business Update Webcast

01/07/2021 | 08:05am EDT

CORONA, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) announced today that its Chairman and Chief Executive Officer, Rodney Sacks, and Vice Chairman and President, Hilton Schlosberg, will host a virtual investor meeting on Thursday, January 14, 2021 at 4:30 p.m. Eastern Time, to provide an update on the Company’s business and operations.

The Company’s presentation will be open to all interested parties at www.monsterbevcorp.com, under the “Events & Presentations” section. For those who are not able to join the live webcast, the event will be archived for approximately one year on the Company’s website.

Monster Beverage Corporation
Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s subsidiaries develop and market energy drinks, including Monster Energy® energy drinks, Monster Energy Ultra® energy drinks, Monster MAXX® maximum strength energy drinks, Java Monster® non-carbonated coffee + energy drinks, Espresso Monster® non-carbonated espresso + energy drinks, Monster Rehab® non-carbonated tea + energy drinks, Muscle Monster® non-carbonated energy shakes, Monster Hydro® non-carbonated refreshment + energy drinks, Monster HydroSport Super Fuel® non-carbonated advanced hydration + energy drinks, Monster Dragon Tea® non-carbonated energy teas, Reign Total Body Fuel® high performance energy drinks, Reign Inferno® thermogenic fuel high performance energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Burn® energy drinks, Samurai® energy drinks, Relentless® energy drinks, Mother® energy drinks, Play® and Power Play® (stylized) energy drinks, BU® energy drinks, Nalu® energy drinks, BPM® energy drinks, Gladiator® energy drinks, Ultra Energy® energy drinks, Live+® energy drinks, Predator® energy drinks and Fury® energy drinks. For more information, visit www.monsterbevcorp.com.

CONTACTS:Rodney C. Sacks
Chairman and Chief Executive Officer
(951) 739-6200
  
 Hilton H. Schlosberg
Vice Chairman
(951) 739-6200
  
 Roger S. Pondel / Judy Lin Sfetcu
PondelWilkinson Inc.
(310) 279-5980

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© GlobeNewswire 2021
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Financials (USD)
Sales 2021 5 363 M - -
Net income 2021 1 384 M - -
Net cash 2021 1 894 M - -
P/E ratio 2021 35,1x
Yield 2021 -
Capitalization 48 649 M 48 649 M -
EV / Sales 2021 8,72x
EV / Sales 2022 7,83x
Nbr of Employees 3 340
Free-Float 58,9%
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Technical analysis trends MONSTER BEVERAGE CORPORATION
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 92,04 $
Average target price 102,71 $
Spread / Average Target 11,6%
EPS Revisions
Managers and Directors
NameTitle
Rodney Cyril Sacks Chairman & Co-Chief Executive Officer
Hilton Hiller Schlosberg Vice Chairman & Co-Chief Executive Officer
Thomas J. Kelly CFO & Principal Accounting Officer
Gary P. Fayard Independent Director
Benjamin M. Polk Independent Director
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