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AI English summary of an SEC filing — figures as filed

Monster Beverage logoMonster Beverage MNST

The company said it achieved full-year 2022 net sales of $6.3 billion, up 13.9% from $5.5 billion in 2021, along with net income of $1.2 billion and diluted earnings per share of $1.12.

8-KRegulation FD DisclosureFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it achieved full-year 2022 net sales of $6.3 billion, up 13.9% from $5.5 billion in 2021, along with net income of $1.2 billion and diluted earnings per share of $1.12.

  2. Monster Beverage said it achieved net sales of $5.4 billion for the nine months ended September 30, 2023, up 12.8% from $4.8 billion a year earlier, with net income of $1.3 billion and diluted earnings per share of $1.19. The net income and earnings per share include a net gain of $17.5 million on the Bang transaction.

  3. Citing Nielsen data, the company said TNA MONSTER sales for the 13 weeks ended December 30, 2023 in total U.S. all channels (Total US xAOC + Conv) reached $1,516,603,734, up 2.2% from a year earlier. It said its dollar share was 29.6, -1.6 from a year earlier.

  4. Monster Beverage said it repurchased approximately 0.8 million shares at an average price of $54.57 per share following its Q3 earnings release.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Full-Year 2022 Results

The company said it achieved full-year 2022 net sales of $6.3 billion, up 13.9% from $5.5 billion in 2021, along with net income of $1.2 billion and diluted earnings per share of $1.12.

Source · Based on the filing body and exhibits

Results for the Nine Months Ended September 30, 2023

Monster Beverage said it achieved net sales of $5.4 billion for the nine months ended September 30, 2023, up 12.8% from $4.8 billion a year earlier, with net income of $1.3 billion and diluted earnings per share of $1.19. The net income and earnings per share include a net gain of $17.5 million on the Bang transaction.

Source · Based on the filing body and exhibits

MONSTER Sales and Share in Total U.S. All Channels, 13 Weeks

Citing Nielsen data, the company said TNA MONSTER sales for the 13 weeks ended December 30, 2023 in total U.S. all channels (Total US xAOC + Conv) reached $1,516,603,734, up 2.2% from a year earlier. It said its dollar share was 29.6, -1.6 from a year earlier.

Source · Based on the filing body and exhibits

Share Repurchases Following Q3 Earnings Release

Monster Beverage said it repurchased approximately 0.8 million shares at an average price of $54.57 per share following its Q3 earnings release.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.