Monster Beverage (MNST) Tops Q4 EPS by 13c

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Monster Beverage Reports 2014 Fourth Quarter and Full Year Financial Results

February 26, 2015 4:05 PM EST

CORONA, Calif., Feb. 26, 2015 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (Nasdaq: MNST) today reported financial results for the three- and twelve-months ended December 31, 2014.

2014 Fourth Quarter

Gross sales for the 2014 fourth quarter increased 12.1 percent to $696.3 million from $621.1 million in the same period last year. Net sales for the three-months ended December 31, 2014 increased 12.0 percent to $605.6 million from $540.8 million in the same quarter a year ago.

Gross profit, as a percentage of net sales, for the 2014 fourth quarter was 54.8 percent, compared with 51.2 percent for the comparable 2013 quarter. Operating expenses for the 2014 fourth quarter... More