Monster Beverage (MNST) Tops Q1 EPS by 6c

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Monster Beverage Reports 2019 First Quarter Financial Results

May 2, 2019 4:06 PM EDT

-- First Quarter Net Sales rise 11.2 percent to $946.0 million ---- First Quarter Net Income increases 21.0 percent to $261.5 million ---- First Quarter Net Income per diluted share increases 26.7 percent to $0.48 per share ---- First Quarter Distributor Termination Expenses were $10.7 million --

CORONA, Calif., May 02, 2019 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2019.

First Quarter ResultsNet sales for the 2019 first quarter increased 11.2 percent to $946.0 million... More