Monster Beverage (MNST) Tops Q4 EPS by 3c, Revs Beat; $500M Buyback

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Monster Beverage Reports 2018 Fourth Quarter and Full Year Financial Results

February 27, 2019 4:05 PM EST

-- Fourth Quarter Net Sales rise 14.1 percent; 15.1 percent without adoption of ASC 606 ---- Fourth Quarter Net Income increases 18.8 percent to $239.1 million ---- Fourth Quarter Net Income per diluted share increases 22.7 percent to $0.43 per share ---- Board authorizes new $500.0 million share repurchase program --

CORONA, Calif., Feb. 27, 2019 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three- and twelve-months ended December 31, 2018.

Fourth Quarter ResultsNet sales for the 2018 fourth quarter increased... More