Edited Transcript of MNST earnings conference call or presentation 7-Nov-19 10:00pm GMT [Yahoo! Finance News]
Monster Beverage Corporation (MNST)
Last monster beverage corporation earnings: 2/27 04:05 pm
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Source: Yahoo! Finance News
Edited Transcript of MNST earnings conference call or presentation 7-Nov-19 10:00pm GMT --------------------------------------------------------------------------------Hilton H. Schlosberg, Monster Beverage Corporation - Vice Chairman, President, COO, CFO & Secretary [4] Thank you, Tom. We're going to turn now to the quarter, and we'll move on from there. Consumer beverage preferences and tastes continue to evolve at an increasing pace. And we are endeavoring to address them through our ongoing innovation of new products. In the third quarter of 2019, net sales were $1.13 billion, up 11.6% from $1.02 billion in the third quarter of 2018. Net sales in the third quarter were negatively impacted by approximately $12.2 million of foreign currency movements. Without these foreign currency movements, net sales for the quarter would have been up 12.8%. The comparative net sales in the 2018 third quarter included approximately $16 million in net sales of advanced purchases as a result of the
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MNST
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- Monster Beverage Co. (NASDAQ: MNST) had its price target lowered by analysts at BNP Paribas from $46.00 to $45.00. They now have an "underperform" rating on the stock.MarketBeat
MNST
Earnings
- 11/7/24 - Miss
MNST
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/13/24 - Form 144
- MNST's page on the SEC website