Monster Beverage (MNST) Reports In-Line Q4 EPS

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Monster Beverage Reports 2016 Fourth Quarter and Full Year Financial Results

March 1, 2017 4:05 PM EST

--Fourth Quarter Net Sales Rise 16.8 percent to $753.8 million----Fourth Quarter Net Income Increases 24.7 percent to $172.9 million----Profitability negatively affected by $46.3 million of distribution termination expenses--

CORONA, Calif., March 01, 2017 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the fourth quarter and fiscal year ended December 31, 2016.

2016 Fourth Quarter

Net sales for the 2016 fourth quarter increased 16.8 percent to $753.8 million, from $645.4 million in the same period last year. Gross sales for the 2016... More