Monster Beverage (MNST) Misses Q3 EPS by 13c

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Monster Beverage Reports 2016 Third Quarter Financial Results

November 3, 2016 4:10 PM EDT

--Third Quarter Net Sales Rise 4.1 percent to $788.0 million;Third Quarter Diluted Earnings per Share Increase 17.5 percent to $0.99 per share--

CORONA, Calif., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three- and nine-months ended September 30, 2016.

Third Quarter ResultsNet sales for the 2016 third quarter increased 4.1 percent to $788.0 million from $756.6 million in the same period last year. Gross sales for the 2016 third quarter increased 5.9 percent to $913.3 million, from $862.4 million in the same period last year.  The comparative... More