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home / news releases / MNST - Monster Beverage: Strong Earnings Growth To Support Valuation Premium

MNST - Monster Beverage: Strong Earnings Growth To Support Valuation Premium

Monster Beverage Corporation

2024-03-19 12:58:08 ET

Summary

  • Monster Beverage's earnings growth remains strong, with potential for further growth driven by pricing growth in the US and gross margin expansion.
  • The company performed in line with expectations, reporting top-line growth and expanded gross margins in Q4 2023.
  • MNST saw a strong start to FY24, with impressive January gross sales growth, indicating positive adoption of newly launched products.

Summary

For further details see:

Monster Beverage: Strong Earnings Growth To Support Valuation Premium
Stock Information
Company Name: Monster Beverage Corporation
Stock Symbol: MNST
Market: NASDAQ
Website: monsterbevcorp.com
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