Overview
* Monster Beverage ( MNST ) Q2 net sales rise 11.1% to $2.11 bln, beating estimates, per LSEG data
* Operating income for Q2 increases 19.8% to $631.6 mln
* Net income per diluted share grows 21.1% to $0.50
Outlook
* Company highlights positive trends in energy drink consumption
* Monster Beverage ( MNST ) emphasizes product innovation for long-term growth
Result Drivers
* MONSTER ENERGY DRINKS - Sales rose 11.2% to $1.94 bln, driven by strong demand for energy drinks
* STRATEGIC BRANDS - Sales increased 18.9% to $129.9 mln, benefiting from acquired brands and affordable energy options
* GROSS PROFIT MARGIN - Improved to 55.7% due to pricing actions, supply chain optimization, and lower input costs
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Sales Beat $2.1 bln $2.08
bln (16
Analysts
)
Q2 EPS $0.5
Q2 Net $488.80
Income mln
Q2 $544.80
Operatin mln
g
Expenses
Q2 $631.60
Operatin mln
g income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 11 "hold" and 2 "sell" or "strong sell"
* The average consensus recommendation for the non-alcoholic beverages peer group is "hold."
* Wall Street's median 12-month price target for Monster Beverage Corp ( MNST ) is $64.50, about 7.8% above its August 6 closing price of $59.50
* The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 32 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)