Monster Beverage (MNST) Tops Q2 EPS by 1c, Approves $500M Buyback

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Go back to Monster Beverage (MNST) Tops Q2 EPS by 1c, Approves $500M Buyback

Monster Beverage Reports 2018 Second Quarter Financial Results

August 8, 2018 4:05 PM EDT

        -- Record Quarterly Net Sales exceed $1.0 billion threshold --  -- Second Quarter Net Sales rise 12.0 percent; 13.3 percent without the adoption of ASC 606 ---- Second Quarter Net Income increases 21.3 percent to $270.1 million ---- Second Quarter Net Income per diluted share increases 23.8 percent to $0.48 per share ---- Second Quarter Distributor Termination Expenses were $5.5 million ---- Board Authorizes new $500.0 million share repurchase program-- 

CORONA, Calif., Aug. 08, 2018 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today... More