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MONSTER BEVERAGE CORPORATION

(MNST)
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Monster Beverage Announces Webcast Details for Annual Meeting of Stockholders

06/08/2021 | 01:11pm EDT

CORONA, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) announced today that the Company will host a live webcast of its Annual Meeting of Stockholders on Tuesday, June 15, 2021. The live webcast will start at 2:30 p.m. Pacific Time.

A live webcast of the Annual Meeting can be accessed through www.virtualshareholdermeeting.com/MNST2021. For those who are not able to listen to the live webcast, the event will be archived for approximately one year on the Company’s website at www.monsterbevcorp.com, under the “Events & Presentations” section.

As described in the Company’s proxy statement, filed April 28, 2021, only stockholders of the Company of record as of the close of business on April 22, 2021 are entitled to vote at the Annual Meeting and any adjournment or postponement thereof. All stockholders of record may vote electronically via live webcast at the virtual Annual Meeting at www.virtualshareholdermeeting.com/MNST2021 and using their 16-digit control number provided in their proxy card.   Guests without a 16-digit control number may also attend the Annual Meeting, but will not have the option to vote.

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, Java Monster® non-carbonated coffee + energy drinks, Espresso Monster® non-carbonated espresso + energy drinks, Monster Rehab® non-carbonated tea + energy drinks, Monster Hydro® non-carbonated refreshment + energy drinks, Monster HydroSport Super Fuel® non-carbonated advanced hydration + energy drinks, Monster Dragon Tea® non-carbonated energy teas, Muscle Monster® non-carbonated energy shakes, Monster MAXX® maximum strength energy drinks, 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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ę GlobeNewswire 2021
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Financials (USD)
Sales 2021 5 370 M - -
Net income 2021 1 381 M - -
Net cash 2021 1 833 M - -
P/E ratio 2021 36,7x
Yield 2021 -
Capitalization 50 742 M 50 742 M -
EV / Sales 2021 9,11x
EV / Sales 2022 8,19x
Nbr of Employees 3 340
Free-Float 58,9%
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 96,00 $
Average target price 103,56 $
Spread / Average Target 7,87%
EPS Revisions
Managers and Directors
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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