Welcome to our dedicated page for Monster Beverage news (Ticker: MNST), a resource for investors and traders seeking the latest updates and insights on Monster Beverage stock.
Monster Beverage Corporation (NASDAQ: MNST) is a holding company based in Corona, California whose consolidated subsidiaries develop and market a broad portfolio of branded beverages. Company news frequently highlights developments across its energy drink lines, including Monster Energy® drinks, Monster Energy Ultra® energy drinks, Juice Monster® Energy + Juice energy drinks, Java Monster® non-carbonated coffee + energy drinks, Monster Killer Brew™ Triple Shot, Rehab® Monster® non-carbonated energy drinks, Monster Energy® Nitro energy drinks, Reign® Total Body 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, 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.
News releases also cover the company’s still and sparkling waters under the Monster Tour Water® brand name, as well as craft beers, flavored malt beverages and hard seltzers marketed under brands such as Jai Alai® IPA, Dale’s Pale Ale®, Dallas Blonde®, Wild Basin® hard seltzers, The Beast™, Beast™ Tea, Nasty Beast® hard tea, Blind Lemon®, Blinder Lemon™ and Michi™. Regular earnings announcements provide detail on net sales, segment performance for the Monster Energy® Drinks, Strategic Brands, Alcohol Brands and Other segments, and management commentary on factors such as pricing actions, supply chain optimization and geographical sales mix.
Investors following MNST news can also expect updates on investor conference calls, webcasts, Annual Meetings of Stockholders, responses to short-seller reports and company perspectives on unsolicited mini-tender offers. Stock Titan’s MNST news page aggregates these official press releases and related coverage so readers can review the company’s latest operating results, corporate communications and brand-related announcements in one place.
Monster Beverage Corporation (NASDAQ:MNST) announced the appointment of James L. Dinkins to its board, representing European Refreshments, a subsidiary of The Coca-Cola Company. Dinkins replaces Kathleen E. Ciaramello, who will step down effective November 1, 2020. Dinkins has a vast history with Coca-Cola, having held various high-level positions since 1988 and most recently serving as President of Coca-Cola North America until August 2020. This leadership change follows Coca-Cola's recent organizational restructuring.
Monster Beverage Corporation (NASDAQ:MNST) will release its Q3 financial results on November 5, 2020, after market close. The company will host a conference call at 2:00 p.m. Pacific Time on the same day, led by Rodney Sacks and Hilton Schlosberg, to discuss these results. Interested investors can access the call live via webcast on the company's website. A recording will also be available for approximately one year.
Monster Beverage Corporation (NASDAQ:MNST) will release its second-quarter financial results for the period ending June 30, 2020, on August 4, 2020, after market close. CEO Rodney Sacks and Vice Chairman Hilton Schlosberg will host an investor conference call at 2:00 p.m. Pacific Time to discuss the results and company operations. The call will be accessible via a live audio webcast on the company's website, with an archive available for one year.
Monster Beverage Corporation (NASDAQ: MNST) will host its Annual Meeting of Stockholders on June 3, 2020, via live webcast due to COVID-19 precautions. The meeting begins at 2:30 PM PT and can be accessed at www.virtualshareholdermeeting.com/MNST2020. Only shareholders of record as of April 13, 2020, can vote during the meeting using their control numbers. The event will also be archived for a year on the company’s website under the “Events & Presentations” section. Monster Beverage continues to operate primarily through its subsidiaries in developing and marketing energy drinks.
Monster Beverage Corporation (NASDAQ: MNST) reported a 12.3% increase in first-quarter net sales, reaching $1.06 billion compared to $946 million last year. Net income rose 6.6% to $278.8 million, with diluted earnings per share at $0.52, up 8.2%. The company remains focused on health and safety during the COVID-19 pandemic, reporting minimal impact on Q1 sales but noting adverse effects in April. In total, international sales surged 25.6% to $356.8 million, now constituting 33.6% of total net sales.
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