Monster Beverage (MNST) Misses Q1 EPS by 6c, Sales Beat

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Monster Beverage Reports 2022 First Quarter Results

May 5, 2022 4:05 PM EDT

-- Record First Quarter Net Sales Rise 22.1 Percent to $1.52 Billion -- Company Completes its Acquisition of CANarchy Craft Brewery Collective LLC Company Plans Price Increase in the United States Effective September 1, 2022

CORONA, Calif., May 05, 2022 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2022.

The Company achieved record first quarter net sales of $1.52 billion in the 2022 first quarter, 22.1 percent higher than net sales of $1.24 billion in the 2021 comparable period.

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