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Monster Beverage Corp. - MNST STOCK NEWS

Welcome to our dedicated news page for Monster Beverage (Ticker: MNST), a resource for investors and traders seeking the latest updates and insights on Monster Beverage.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Monster Beverage's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Monster Beverage's position in the market.

Rhea-AI Summary
Monster Energy collaborates with Rob Gronkowski on Gronk Nation Youth Foundation, focusing on life after football. Gronkowski praises Monster's philosophy and energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
none
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Rhea-AI Summary
Monster Energy Cares Foundation collaborates with High Fives Foundation founder Roy Tuscany for a charitable cause.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
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none
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Rhea-AI Summary
Monster Energy announces its comprehensive Water Stewardship policy to manage water usage efficiently and sustainably across its operations. The company aims to reduce water consumption, ensure water quality, and support communities in need of clean water.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
none
Rhea-AI Summary
Monster Beverage Corporation (MNST) reported a 14.4% increase in net sales to $1.73 billion for the fourth quarter of 2023. Gross profit improved to 54.2% of net sales. Operating expenses rose to $504.4 million, including $39.9 million in impairment charges. Net income surged by 21.6% to $367.0 million. Full-year results showed a 13.1% increase in net sales to $7.14 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.82%
Tags
-
Rhea-AI Summary
Monster Beverage Corporation (MNST) reports a strong fourth quarter with a 14.4% increase in net sales to $1.73 billion. Gross profit margin improved to 54.2%, and net income rose by 21.6% to $367.0 million. Despite challenges in the craft beer and seltzer categories, the company achieved significant growth in its Monster Energy® Drinks segment. The full-year results show a 13.1% increase in net sales to $7.14 billion, with a gross profit margin of 53.1% and a net income increase of 36.9% to $1.63 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.82%
Tags
-
Rhea-AI Summary
Monster Beverage Corporation (MNST) to report Q4 results on February 28, 2024. Co-CEOs to host investor conference call. The company develops and markets a wide range of energy drinks, craft beers, hard seltzers, and flavored malt beverages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
Tags
conferences earnings
Rhea-AI Summary
Monster Beverage Corporation (NASDAQ: MNST) announced that CANarchy Craft Brewery Collective will now operate under the name Monster Brewing Company, with new alcohol products representing the majority of the company's sales. The change aims to align the business with Monster Beverage Corporation's brand equity, leveraging the success of new products like The Beast Unleashed™ and Nasty Beast™ Hard Tea. The company's strategy of integrating CANarchy's infrastructure has proven successful, with The Beast Unleashed becoming the best-selling new beer brand in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
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none
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Rhea-AI Summary
Monster Beverage Corporation (NASDAQ:MNST) will host an investor meeting on January 16, 2024, to provide an update on its business and operations. The company develops and markets a wide range of energy drinks, craft beers, hard seltzers, and flavored malt beverages. It also offers still and sparkling waters under the Monster Tour Water® brand name.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
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none
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Rhea-AI Summary
Monster Beverage Corporation (NASDAQ:MNST) announced a new $500 million share repurchase program, with $282.8 million remaining from the previous program. The company will repurchase shares through various methods and based on market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
buyback
Rhea-AI Summary
Monster Beverage Corporation reports record third quarter net sales of $1.86 billion, a 14.3% increase from the previous year. Gross profit as a percentage of net sales improves to 53.0%. Net income increases by 40.4% to $452.7 million. The company completed the acquisition of Bang Energy® and launched new products in the alcoholic beverage segment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.51%
Tags
Monster Beverage Corp.

Nasdaq:MNST

MNST Rankings

MNST Stock Data

57.61B
757.51M
27.38%
68.12%
1.35%
Soft Drink Manufacturing
Manufacturing
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