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Monster Beverage Q2 Earnings Call Highlights
['Trevor Kearing']
Daily Political
Get alerts:Net sales rose 20.2% year over year to $2.54 billion, while sales excluding the alcohol brands segment increased 20.8%.
Net income per diluted share rose 19% to $0.59, and adjusted earnings per diluted share increased 15.2% to $0.60.
Monster Energy drinks segment sales increased 21.6% to $2.36 billion in the quarter, or 19.3% on a currency-neutral basis.
The Ultra family grew 19%, while Juice Monster sales increased 26%.
About Monster Beverage (NASDAQ:MNST)Monster Beverage Corporation (NASDAQ: MNST) is an American beverage company best known for its Monster Energy brand of energy drinks.