CORONA, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) announced today that the Company will host a live webcast of its Annual Meeting of Stockholders on Tuesday,
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Monster Beverage Corporation (MNST) Q1 2021 Results - Earnings Call Transcript
Monster Beverage (MNST) delivered earnings and revenue surprises of -3.28% and 1.74%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Monster Beverage stock falls more than 6% late Thursday after the company missed first-quarter expectations and says there's an aluminum-can shortage in North America and Europe.
-- Record First Quarter Net Sales Rise 17.1 Percent to $1.24 Billion -- -- First Quarter Net Income Increases 13.0 percent to $315.2 Million -- -- First Quarter Net Income per Diluted Share Increases
Monster Beverage's (MNST) Q1 results are likely to reflect gains from the energy drinks category as well as momentum in e-commerce. The pandemic-led headwinds are likely to have been concerning.
Company to Conduct Conference Call at 2 p.m. Pacific Time Company to Conduct Conference Call at 2 p.m. Pacific Time
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