Loading...
•
Jun 30, 2020
Monster Beverage Q2 2020 Earnings Report
Reported financial results for the second quarter of 2020, including an update on the impact of the COVID-19 pandemic.
Key Takeaways
Monster Beverage Corporation reported a decrease in net sales for the second quarter of 2020 to $1.09 billion, compared to $1.10 billion in the same period last year. Net income increased by 6.5% to $311.4 million, and net income per diluted share increased by 9.9% to $0.59.
Second quarter net sales were $1.09 billion.
Second quarter net income increased 6.5 percent to $311.4 million.
Second quarter net income per diluted share increased 9.9 percent to $0.59 per share.
The COVID-19 pandemic had an adverse impact on net and gross sales for the three-months ended June 30, 2020.
Monster Beverage
Monster Beverage
Monster Beverage Revenue by Segment
Monster Beverage Revenue by Geographic Location
Revenue by Segment
Monster Energy Drinks Revenue
CapyFin.comStrategic Brands Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
International Revenue
CapyFin.com Forward Guidance
The company is implementing their 2020 product innovation launches, which were disrupted due to the COVID-19 pandemic and has a robust innovation plan for the remainder of 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income