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Record Net Sales Pushes Monster Beverage Stock to All-Time High
Schaeffers Investment Research· 2025-08-08 23:03
Shares of Monster Beverage Corp (NASDAQ:MNST) are on the rise this morning, after the energy drink manufacturer trumped second-quarter expectations with earnings of $0.52 per share on revenue of $2.11 billion. It was the first time the company's quarterly net sales topped $2 billion. The record growth stemmed from Monster Beverage's flagship drink and strategic brands units, while its alcoholic beverages segment lagged behind.Piper Sandler upgraded MNST to "overweight" from "neutral" after the results, citi ...