Press release
Monster Beverage Reports 2025 First Quarter Results
2025 First Quarter Highlights Gross Profit as a Percentage of Net Sales Improves to 56.5 PercentOperating Income Increases 5.1 Percent to $569.7 Million (7.9
About this update from Monster Beverage Corporation
[{"type":"text","content":"2025 First Quarter Highlights Gross Profit as a Percentage of Net Sales Improves to 56.5 PercentOperating Income Increases 5.1 Percent to $569.7 Million (7.9 Percent to $591.2 Million, Exclusive of the Alcohol Brands Segment, Non-GAAP)Net Income Per Diluted Share Increases 7.4 Percent to $0.45 (10.2 Percent to $0.47, Exclusive of the Alcohol Brands Segment, Non-GAAP) The tables at the end of this press release provide a reconciliation of non-GAAP financial measures to the Company’s results, as reported under GAAP. (See “Reconciliation of GAAP and Non-GAAP Information” below). CORONA, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2025. Net sales for the 2025 first quarter were negatively impacted by bottler/distributor ordering patterns in the United States and EMEA, adverse changes in foreign currency exchange rates, decreased sales in the Alcohol Brands segment, adverse weather, one less selling day in the 2025 first quarter, as well as uncertain economic conditions. Net sales, excluding the Alcohol Brands segment, on a foreign currency adjusted basis (non-GAAP), increased 1.9 percent in the 2025 first quarter. Reported net sales for the 2025 first quarter decreased 2.3 percent to $1.85 billion, from $1.90 billion in the comparable period last year. The Company estimates that year-to-date gross billings, excluding the Alcohol Brands segment, on a foreign currency adjusted basis (non-GAAP), through April 30, 2025 were approximately 6.9 percent higher (5.8 percent higher including the Alcohol Brands segment) than the comparable period in the previous year. Net sales for the Company’s Monster Energy® Drinks segment, which primarily includes the Company’s Monster Energy® drinks, Reign Total Body Fuel® high performance energy drinks, Reign Storm® total wellness energy drinks and Bang Energy® drinks, decreased marginally to $1.72 billion for the 2025 first quarter, from $1.73 billion for the 2024 first quarter. Net changes in foreign currency exchange rates had an unfavorable impact on net sales for the Monster Energy® Drinks segment of approximately $50.8 million for the 2025 first quarter. Net sales on a foreign currency adjusted basis (non-GAAP) for the Monster Energy® Drinks segment increased 2.2 percent in the 2025 first ...