Monster Beverage (MNST) Tops Q3 EPS by 3c

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Monster Beverage Reports 2023 Third Quarter Financial Results

November 2, 2023 4:10 PM EDT

-- Record Third Quarter Net Sales Rise 14.3 Percent to $1.86 Billion --
-- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $29.2 Million, Rise 16.1 Percent --
-- Gross Profit as a Percentage of Net Sales Improves to 53.0 Percent on a Reported Basis and to 53.4 Percent Excluding the Bang Inventory Step-Up --
-- Third Quarter Net Income Increases 40.4 Percent to $452.7 Million --

CORONA, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three- and... More