Monster Beverage Corporation

MNST

US61174X1090

Non-Alcoholic Beverages

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
53.37 ^USD	+0.41%		+0.43%	-7.36%

Apr. 26	North American Morning Briefing : Tech Still in -2-	DJ
Apr. 25	The specter of stagflation rears its ugly head again

Monster Beverage to Report Financial Results for 2023 Fourth Quarter on February 28, 2024

February 21, 2024 at 04:01 pm EST

-- Company to Conduct Conference Call at 2 p.m. Pacific Time --

CORONA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its fourth quarter ended December 31, 2023, will be reported on Wednesday, February 28, 2024, after the close of the market. The company also said that Co-Chief Executive Officers, Rodney Sacks and Hilton Schlosberg, will host an investor conference call that same day at 2 p.m. Pacific Time to review the company’s financial results and operations.

The call will be open to all interested investors through a live audio webcast via the Internet at www.monsterbevcorp.com. For those who are not able to listen to the live broadcast, the call will be archived for approximately one year on the 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® drinks, Monster Energy Ultra® energy drinks, Juice Monster® Energy + Juice energy drinks, Java Monster® non-carbonated coffee + energy drinks, Rehab® Monster® non-carbonated energy drinks, Monster Energy® Nitro energy drinks, Reign® Total Body Fuel high performance energy drinks, Reign Inferno® thermogenic fuel high performance energy drinks, Reign Storm® total wellness energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Bang Energy® drinks, BPM® energy drinks, BU® energy drinks, Burn® energy drinks, Gladiator® energy drinks, Live+® energy drinks, Mother® energy drinks, Nalu® energy drinks, Play® and Power Play® (stylized) energy drinks, Relentless® energy drinks, Samurai® energy drinks, Ultra Energy® drinks, Predator® energy drinks and Fury® energy drinks. The Company’s subsidiaries also develop and market still and sparkling waters under the Monster Tour Water® brand name. The Company’s subsidiaries also develop and market craft beers, hard seltzers and flavored malt beverages under a number of brands, including Jai Alai® IPA, Dale’s Pale Ale®, Dallas Blonde®, Wild Basin® hard seltzers, The Beast Unleashed™ and Nasty Beast™ Hard Tea. For more information visit www.monsterbevcorp.com.

CONTACTS:	Rodney C. Sacks / Hilton H. Schlosberg
	Co-Chief Executive Officers
	(951) 739-6200

	Roger S. Pondel / Judy Lin
	PondelWilkinson Inc.
	(310) 279-5980

Source: Monster Beverage Corporation

2024 GlobeNewswire, Inc., source Press Releases

Latest news about Monster Beverage Corporation

North American Morning Briefing : Tech Still in -2-	Apr. 26	DJ
The specter of stagflation rears its ugly head again	Apr. 25
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Ahead of Key Economic Data	Apr. 25	MT
JPMorgan Downgrades Monster Beverage to Neutral From Overweight, Adjusts Price Target to $59 From $66	Apr. 25	MT
Truist Downgrades Monster Beverage to Sell From Buy, Cuts Price Target to $46 From $65, No Longer Sees High Growth Story	Apr. 25	MT
ANALYST RECOMMENDATIONS : Meta Platforms, UPS, Boeing, Chipotle, Dell Technologies...	Apr. 25
Bernstein Adjusts Price Target on Monster Beverage to $63 From $66	Apr. 23	MT
Consumer Edge Adjusts Price Target on Monster Beverage to $61 From $62	Apr. 15	MT
Monster Beverage Insider Sold Shares Worth $38,584,450, According to a Recent SEC Filing	Mar. 07	MT
HSBC Adjusts Price Target on Monster Beverage to $68 From $72, Maintains Buy Rating	Mar. 06	MT
Wedbush Raises Monster Beverage's Price Target to $64 From $60, Maintains Neutral Rating	Feb. 29	MT
UBS Adjusts Monster Beverage Price Target to $63 From $62, Maintains Neutral Rating	Feb. 29	MT
Global markets live: HP, Moncler, Snowflake, Salesforce, Duolingo...	Feb. 29
Deutsche Bank Adjusts Monster Beverage Price Target to $66 From $63, Maintains Buy Rating	Feb. 29	MT
RBC Raises Price Target on Monster Beverage to $65 From $60, Cites 'Robust' January Sales, Keeps Outperform Rating	Feb. 29	MT
Morgan Stanley Lifts Price Target on Monster Beverage to $68 From $63 on 'Greater Topline Confidence,' Keeps Overweight Rating	Feb. 29	MT
Stocks Decline Pre-Bell Ahead of Pending Inflation Report; Asia Mixed, Europe Gains	Feb. 29	MT
Monster Beverage 4Q Revenue Rises on International Growth	Feb. 28	DJ
Transcript : Monster Beverage Corporation, Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Monster Beverage misses revenue estimates as higher prices pinch demand	Feb. 28	RE
Monster Beverage Q4 EPS, Net Sales Increase	Feb. 28	MT
Tranche Update on Monster Beverage Corporation's Equity Buyback Plan announced on November 3, 2022.	Feb. 28	CI
Tranche Update on Monster Beverage Corporation's Equity Buyback Plan announced on November 8, 2023.	Feb. 28	CI
Earnings Flash (MNST) MONSTER BEVERAGE CORPORATION Reports Q4 Revenue $1.7B, vs. Street Est of $1.756B	Feb. 28	MT
Monster Beverage Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI

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Company Profile

Monster Beverage Corporation specializes in the development and marketing of beverages. Net sales break down by product family as follows: - energy drinks (98%): primarily carbonated and non-carbonated energy drinks (Monster Energy®, Monster Energy Ultra®, Monster Rehab®, Monster Energy® Nitro, Java Monster®, Punch Monster®, Juice Monster®, Monster Hydro®, Monster Super Fuel®, Monster Dragon Tea®, Reign Total Body Fuel®, Reign Inferno®, Reign Storm®, True North®, NOS®, Full Throttle®, Burn®, Mother®, Nalu®, Ultra Energy®, Play®, Power Play®, Relentless®, BPM®, BU®, Gladiator®, Samurai®, Live+®, Predator®, Fury®, etc. brands); - alcoholic beverages (1.6%): primarily beers, hard seltzers and flavored malt beverages (Cigar City®, Oskar Blues®, Deep Ellum®, Squatters®, Wild Basin®, Wasatch®, Perrin®, The Beast Unleashed®, etc. brands); - other (0.4%). Products are made and bottled by sub-contractors. Net sales are distributed geographically as follows: the United States and Canada (65.2%), Europe/Middle East/Africa (19.5%), Latin America and Caribbean (8.1%) and Asia/Pacific (7.2%).

Sector

Non-Alcoholic Beverages

Calendar

2024-05-02 - Q1 2024 Earnings Release

Related indices

S&P 500

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