Report
Zain Akbari
EUR 100.00 For Business Accounts Only

Monster's International Presence Should Continue To Be a Source for Growth, Leveraging Its Brands

Monster's continued international momentum was the highlight of its first-quarter earnings, as sales to customers outside of the U.S. (now contributing 30% of revenue) increased 17%, which was particularly impressive, lapping a 27% increase in the prior-year period. This supported consolidated net sales growth of 11% in the first quarter, driven by more than 11% growth in the Monster Energy brand family, which contributes around 92% of sales from a product perspective. We were pleased to see imp...
Underlying
Monster Beverage

Monster Beverage is a holding company. Through its subsidiaries, the company develops, markets, sells and distributes energy drink beverages and concentrates for energy drink beverages under Monster Energy?, Monster Energy Ultra?, Monster Rehab?, Monster MAXX?, Java Monster?, Muscle Monster?, Ultra Energy?, and Mutant?. The company has three segments: Monster Energy? Drinks, which is comprised of the company's Monster Energy? drinks; Strategic Brands, which is comprised of the various energy drink brands from The Coca-Cola Company as well as its Predator? energy drinks; and Other, which is comprised of certain products sold by the company's subsidiary, American Fruits and Flavors LLC to independent third-party customers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Zain Akbari

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