Previous Close | 6.55 |
Open | 6.55 |
Bid | 6.00 |
Ask | 9.00 |
Strike | 55.00 |
Expire Date | 2025-06-20 |
Day's Range | 6.55 - 6.55 |
Contract Range | N/A |
Volume | |
Open Interest | 418 |
Monster Beverage reported a 12% jump in first-quarter revenue on Thursday, helped by steady demand for the energy drink maker's high-priced juices as well as easing freight costs. Demand for the company's energy drinks, including Monster Energy and Tour Water, held as inflation-weary customers stretched their budgets to spend on at-home meals and beverages. Last month, peer Keurig Dr Pepper and larger peer Coca-Cola also reported an upswing in consumer demand for their beverages.
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.