Monster Beverage Corporation (MNST)
Pre-market:
- Reuters
Monster Beverage posts higher Q1 revenue on resilient demand, easing costs
Monster Beverage reported a 12% jump in first-quarter revenue on Thursday, helped by steady demand for the energy drink maker's high-priced juices as well as easing freight costs. Demand for the company's energy drinks, including Monster Energy and Tour Water, held as inflation-weary customers stretched their budgets to spend on at-home meals and beverages. Last month, peer Keurig Dr Pepper and larger peer Coca-Cola also reported an upswing in consumer demand for their beverages.
- GuruFocus.com
Monster Beverage Corp (MNST) Q1 2024 Earnings: Aligns with EPS Projections Amidst Robust Sales ...
Monster Beverage Corp Reports Solid First Quarter with Strategic Expansions and Enhanced Profit Margins
- StockStory
Monster (NASDAQ:MNST) Reports Q1 In Line With Expectations
Energy drink company Monster Beverage (NASDAQ:MNST) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 11.8% year on year to $1.90 billion. It made a GAAP profit of $0.42 per share, improving from its profit of $0.38 per share in the same quarter last year.
