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Monster Beverage Corporation (MNST) Earnings: 2Q23 Key Numbers

by Index Investing News
August 4, 2023
in Markets
Reading Time: 2 mins read
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Monster Beverage Corporation (NASDAQ: MNST) reported net sales of $1.85 billion for the second quarter of 2023, which were up 12.1% year-over-year. Net sales on a foreign currency adjusted basis increased 14.4%.

Net income increased 51.4% to $413.9 million while EPS rose 52.8% to $0.39 versus the year-ago period.

Cash and cash equivalents at the end of the quarter totaled $1.86 billion.

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Tags: 2Q23BeverageCorporationEarningskeyMNSTMonsternumbers
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