Monster Beverage (MNST) Q2 Revenue Falls Short of Views
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Monster Beverage Reports 2015 Second Quarter Financial Results
August 6, 2015 4:06 PM EDT-- Second Quarter A Transitional Period
Executing the Long-Term Strategic Alignment with The Coca-Cola Company --
2015 Second Quarter Financial Highlights:
Coca-Cola transaction closed mid-June 2015 Profitability positively impacted by $161.5 million of gain on sale of non-energy business Sales growth negatively impacted by transition disruptions, due in part to lower inventory levels maintained by bottlers in the transitioned territories and uncertainties internationally with certain distributors outside of the Coca-Cola network Foreign exchange movements negatively... More