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Wednesday, February 28, 2018

Monster Beverage (MNST) reported earnings on Wed 28 Feb 2018 (a/h)

** charts before earnings **


** charts after earnings **


Monster Beverage misses by $0.02, misses on revs 
  • Reports Q4 (Dec) earnings of $0.35 per share, $0.02 worse than the Capital IQ Consensus of $0.37; revenues rose 7.5% year/year to $810.4 mln vs the $841.25 mln Capital IQ Consensus.
    • Sales were adversely affected by inventory reductions by certain of co's international distributors. Co estimates that net sales in the 2017 Q4 were adversely affected by approx 2% due to such reductions.
    • Net sales for the co's Monster Energy Drinks segment, which is comprised of the co's Monster Energy drinks, Monster Hydro energy drinks and Mutant Super Soda drinks, increased 7.6% to $736.1 mln for the 2017 fourth quarter, from $684.4 mln for the same period last year.
    • Net sales for the co's Strategic Brands segment, which includes the various energy drink brands acquired from The Coca-Cola Company, increased 7.8% to $69.6 mln for the 2017 fourth quarter, from $64.5 mln in the comparable 2016 quarter.

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