Monster Beverage Corporation reported a net sales increase of 11.1% to $2.11 billion for the second quarter ended June 30, 2025, compared to $1.90 billion in the same period last year. The Monster Energy Drinks segment contributed significantly to this growth, with sales rising 11.2% to $1.94 billion. Despite a negative impact from foreign currency exchange rates, adjusted net sales on a foreign currency basis still showed an increase, indicating strong performance in both domestic and international markets. Notably, net sales to customers outside the United States grew by 15.8%, constituting approximately 41% of total reported net sales for the quarter.
The company's operating income for the second quarter increased by 19.8% to $631.6 million, while net income rose by 14.9% to $488.8 million, translating to a net income per diluted share of $0.50, up from $0.41 in the previous year. Gross profit as a percentage of net sales improved to 55.7%, driven by pricing actions and supply chain optimization. Operating expenses also increased, but at a slower rate than sales, reflecting the company's efforts to manage costs effectively. As of August 6, 2025, approximately $500 million remains available for share repurchases under the existing program.
linkAug 07, 2025 16:22:43
Monster Beverage Corporation announced its financial results for the first quarter of 2025, reporting a 2.3 percent decrease in net sales, totaling $1.85 billion, compared to $1.90 billion in the same period last year. The decline was attributed to various factors, including changes in distributor ordering patterns, unfavorable foreign currency exchange rates, and decreased sales in the Alcohol Brands segment. However, net sales excluding the Alcohol Brands segment increased by 1.9 percent on a foreign currency adjusted basis. The company's Monster Energy Drinks segment saw a slight decrease in sales, while the Strategic Brands segment experienced a 9.3 percent decline, largely due to timing differences in concentrate sales. Additionally, net sales outside the U.S. decreased by 1.5 percent, but increased by 6.2 percent when adjusted for foreign currency changes. Gross profit margins improved to 56.5 percent, driven by pricing actions and supply chain optimization, despite the overall sales decrease.
Operating income for the first quarter increased by 5.1 percent to $569.7 million, and net income rose by 0.2 percent to $443.0 million, resulting in an increase in net income per diluted share to $0.45. The company also reported a decrease in operating expenses and distribution costs as a percentage of net sales. During this quarter, Monster Beverage repaid $175 million on its term loan facility and had approximately $500 million remaining for share repurchases. The company plans to continue launching new products and expanding its affordable energy brands in various markets.
linkMay 08, 2025 16:21:46
Monster Beverage Corporation reported a 4.7 percent increase in net sales for the fourth quarter of 2024, reaching $1.81 billion, with an adjusted gross profit margin improvement to 55.5 percent. The company also saw an increase in operating income by 7.9 percent to $517.9 million on a non-GAAP adjusted basis. Notably, net sales outside the U.S. rose 11.7 percent, reflecting growth in international markets. Additionally, the company launched new products and implemented a price increase, contributing to its sales performance.
Conversely, net income for the fourth quarter decreased by 26.2 percent to $270.7 million, with net income per diluted share dropping to $0.28 from $0.35 in the previous year. Operating expenses surged to $621.2 million, leading to a rise in their percentage of net sales. The effective tax rate also increased significantly to 29.9 percent, impacting profitability. The Alcohol Brands segment experienced a decline in sales, further influencing the overall financial results.
linkFeb 27, 2025 16:19:31
The company has expanded its distribution significantly, now reaching 159 countries and territories worldwide. Notably, its energy drink segment has shown growth, with total U.S. sales for energy products at approximately $5.2 billion, reflecting a 6% increase year-over-year. The successful launch of new products, such as Ultra Vice Guava, has contributed to market share gains, indicating a positive reception in various regions, particularly in the Americas and EMEA markets.
However, the company faces several challenges, including reliance on its partnership with The Coca-Cola Company, which could impact future performance. Additionally, there are operational risks associated with the alcoholic beverage industry, potential litigation, and changes in consumer preferences that may affect demand. The company's Alcohol Brands segment has not yet achieved profitability, and there are concerns about the volatility in commodity prices and economic conditions that could hinder growth.
linkJan 21, 2025 14:41:14
Monster Beverage Corporation reported a 1.3 percent increase in net sales for the third quarter of 2024, reaching $1.88 billion. The company saw a significant rise in net sales for its Strategic Brands segment, which grew by 14.0 percent. Additionally, net sales outside the United States increased by 3.6 percent, representing 40.4 percent of total net sales. Gross profit margins improved slightly, indicating better cost management despite challenges in the Alcohol Brands segment and adverse foreign currency impacts.
On the downside, net income for the third quarter decreased by 18.1 percent to $370.9 million, with earnings per diluted share dropping to $0.38 from $0.43 in the previous year. The company faced increased operating expenses, including a provision related to an intellectual property claim and higher promotional allowances. The Alcohol Brands segment also reported a 6.0 percent decline in sales, primarily due to lower craft beer volumes, further contributing to the overall profitability challenges faced during the quarter.
linkNov 07, 2024 16:22:07
Monster Beverage Corporation has authorized a new share repurchase program worth $500 million, indicating strong confidence in the company's financial health. This decision comes after the previous repurchase program was fully utilized, suggesting a proactive approach to managing shareholder value and potentially enhancing stock performance in the market. The company plans to execute these repurchases through various methods, depending on market conditions.
While the announcement reflects positively on Monster Beverage's commitment to returning capital to shareholders, it also comes with a note of caution regarding the timing and execution of these buybacks. The company acknowledges that market factors could influence the repurchase process, and there is a possibility that the program may be suspended or discontinued at any time. This uncertainty may raise concerns among investors about the company's ability to effectively implement the repurchase strategy.
linkAug 19, 2024 16:26:50
Monster Beverage's second quarter sales reached $1.90 billion, marking a 2.5% increase. Excluding currency impacts, sales rose 7.4%. Gross profit margins improved, but operating expenses also increased. The Alcohol Brands segment suffered a significant 31.9% decline in sales. Despite challenges in the energy drink market and tighter consumer spending, the company remains optimistic about growth opportunities and plans a price increase for core brands in November.
linkAug 07, 2024 16:23:54
Monster Beverage Corporation, along with its subsidiaries, signed a credit agreement for a $750 million term loan and a $750 million revolving credit facility. The facilities have flexible currency options and maturity dates. The loans bear interest at floating rates and are unsecured, with guarantees from the subsidiaries. The agreement includes standard financial covenants and provisions. The Term Loan Facility is guaranteed by Monster Energy Company, while the Revolving Facility is guaranteed by the Company and Monster Energy Company. The agreement also includes a mandatory prepayment provision for a change of control event.
linkMay 23, 2024 16:13:35
Monster Beverage Corporation reported a record 11.8% increase in net sales to $1.90 billion in the first quarter of 2024. Gross profit margin improved to 54.1%. The company plans to repurchase up to $3.0 billion of common stock. International sales increased by 19.5%. Operating income rose to $542.0 million, and net income grew by 11.2%. The company attributes its success to global energy drink market growth, new product launches, and cost-saving strategies.
linkMay 02, 2024 16:13:14
Monster Beverage Corporation's fourth quarter saw a 14.4% rise in net sales, with a 21.6% increase in net income. Gross profit improved to 54.2%, driven by pricing actions and lower costs. However, operating expenses rose, including $39.9 million in impairment charges. Sales outside the US increased by 17.4%. The strategic brands segment experienced a slight decline, but alcohol brands and other segments showed growth. Overall, excluding one-time impacts, the company demonstrated a positive performance in the fourth quarter of 2023.
linkFeb 28, 2024 16:28:15