Overview

* Monster Beverage ( MNST ) Q3 net sales rise 16.8%, beating analyst expectations

* Net income for Q3 increases 41.4% to $524.5 mln

* Operating income for Q3 rises 40.7% to $675.4 mln

Outlook

* Company plans to launch FLRT, a female-focused brand, in early 2026

* Monster Beverage ( MNST ) highlights innovation as central to long-term growth strategy

* Company notes increasing consumer demand driving energy drink category growth

Result Drivers

* MONSTER ENERGY DRINKS - Net sales increased 17.7% to $2.03 bln, driven by strong demand for energy drinks

* FOREIGN CURRENCY IMPACT - Favorable exchange rates added $31.8 mln to net sales

* GROSS PROFIT MARGIN - Improved to 55.7% due to pricing actions and supply chain optimization

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $2.20 $2.11

bln bln (16

Analysts

)

Q3 EPS $0.53

Q3 Net $524.46

Income mln

Q3 $549.13

Operatin mln

g

Expenses

Q3 $675.35

Operatin mln

g income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 8 "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 $70.00, about 3% above its November 5 closing price of $67.87

* The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 30 three months ago

Press Release:

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(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.)