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- Twenty-two years after "unleashing the beast," Monster Beverage is expected to reach almost $8 billion in revenue in 2024, implying an incredible 22% CAGR since the launch of Monster Energy. Since April 2002, the stock has returned an impressive ~120,000%.
quartr.com/insights/company-research/the-monster-beverage-success-story-unleashing-the-beastThe Monster Beverage Success Story: Unleashing the Beast - Quartr
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May 2, 2024 · Net sales on a foreign currency adjusted basis for the Monster Energy® Drinks segment increased 14.2 percent in the 2024 first quarter (11.0 percent exclusive of Argentina’s impact).
- Monster Beverage Corporation
Feb 17, 2024 · Monster Beverage has grown its sales and stock price by appealing to younger blue-collar consumers interested in things such as motocross, UFC and video games.
Aug 7, 2024 · Net income for the 2024 second quarter increased 2.8 percent to $425.4 million, from $413.9 million in the 2023 second quarter. Net income per diluted share for the 2024 second quarter...
- Monster Beverage Corporation
May 2, 2024 · CORONA, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2024. Net sales for the 2024 first quarter increased 11.8 percent to $1.90 billion, from $1.70 billion in the comparable period last year.
The increase in gross profit as a percentage of net sales for the 2024 first quarter as compared to the 2023 first quarter was primarily the result of decreased freight-in costs, pricing...
Mar 19, 2024 · Monster Beverage saw a strong start to FY24, with impressive January gross sales growth. Read why my analysis of MNST stock suggests a buy rating.