Previous Close | 4.1000 |
Open | 4.1000 |
Bid | 4.3000 |
Ask | 4.5000 |
Strike | 55.00 |
Expire Date | 2025-01-17 |
Day's Range | 4.1000 - 4.1000 |
Contract Range | N/A |
Volume | |
Open Interest | 1.29k |
Monster Beverage Corp Reports Solid First Quarter with Strategic Expansions and Enhanced Profit Margins
Energy drink company Monster Beverage (NASDAQ:MNST) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 11.8% year on year to $1.90 billion. It made a GAAP profit of $0.42 per share, improving from its profit of $0.38 per share in the same quarter last year.
-- Record First Quarter Net Sales Rise 11.8 Percent to $1.90 Billion ---- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $64.4 Million,Rise 15.6 Percent (12.6 Percent Exclusive of Argentina’s Impact) ---- First Quarter Gross Profit as a Percentage of Net Sales Improves to 54.1 Percent ---- First Quarter Net Income Increases 11.2 Percent to $442.0 Million ---- Company Currently Intends to Commence Tender Offer to Repurchase up to$3.0 Billion of Common Stock -- CORONA, Calif., May