AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryThe 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.
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.
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.
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-writtenAnalysis 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.
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