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Dec 31, 2019
Monster Beverage Q4 2019 Earnings Report
Reported a rise in net sales and net income for the fourth quarter of 2019.
Key Takeaways
Monster Beverage Corporation reported a 10.1% increase in net sales for Q4 2019, reaching $1.02 billion. Net income increased by 6.6% to $255.0 million, with net income per diluted share increasing by 9.7% to $0.47. The company's Monster Energy Drinks segment saw an 11.7% increase in net sales, while the Strategic Brands segment decreased by 10.1%.
Net sales for the fourth quarter increased by 10.1% to $1.02 billion.
Net income for the fourth quarter increased by 6.6% to $255.0 million.
Net income per diluted share for the fourth quarter increased by 9.7% to $0.47.
Monster Energy Drinks segment net sales increased by 11.7% to $953.2 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Monster Beverage Corporation has a robust plan for new product introductions in 2020, including launching Monster Energy brand energy drinks in Israel and further country launches and transitions planned for later this year.
Positive Outlook
- Robust plan for new product introductions in 2020.
- Launched Monster Energy brand energy drinks in Israel.
- Further country launches and transitions planned for later this year.
- Launched Java Monster® Farmer’s Oats and two new Reign Total Body Fuel™ high performance energy drinks in the United States during the fourth quarter.
- Launched Monster HydroSport Super Fuel® in Germany, the Republic of Ireland and the United Kingdom during the fourth quarter.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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