Monster Beverage Reports 2023 Fourth Quarter and Full-Year Financial Results

February 28, 2024

https://www.globenewswire.com/news-release/2024/02/28/2837445/10193/en/Monster-Beverage-Reports-2023-Fourth-Quarter-and-Full-Year-Financial-Results.html

— Record Fourth Quarter Net Sales Rise 14.4 Percent to $1.73 Billion —
— Net Sales, Adjusted for Adverse Changes in Foreign Currency of $27.1 Million, Rise 16.1 Percent —
— Gross Profit as a Percentage of Net Sales Improves to 54.2 Percent on a Reported Basis and to 54.5 Percent Excluding the Bang Inventory Step-Up —
— Fourth Quarter Net Income Increases 21.6 Percent to $367.0 Million —
— Fourth Quarter Net Income, Excluding Alcohol Brands Segment Impairment Charges and the Bang Inventory Step-Up, Increases 33.1 Percent to $401.5 Million —

Read more at globenewswire.com

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.