Goldman Sachs Downgrades Monster Beverage (MNST) to Neutral, Removes From Conviction Buy List

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Go back to Goldman Sachs Downgrades Monster Beverage (MNST) to Neutral, Removes From Conviction Buy List

Monster Beverage Reports 2015 First Quarter Financial Results

May 7, 2015 4:21 PM EDT

-- First Quarter A Transitional Period Planning for Long-Term Strategic Alignment with The Coca-Cola Company --

2015 First Quarter Financial Highlights:

Profitability negatively impacted by $206.0 million of termination obligations as a result of distributor terminations Revenue positively impacted by $39.8 million of acceleration of deferred revenue associated with the terminated distributors initial buy-out contributions  

CORONA, Calif., May 7, 2015 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (Nasdaq: MNST) today reported financial results for the first quarter ended March... More