Previous close | 3.4000 |
Open | 3.4000 |
Bid | 3.4000 |
Ask | 3.6000 |
Strike | 57.50 |
Expiry date | 2025-01-17 |
Day's range | 3.4000 - 3.4000 |
Contract range | N/A |
Volume | |
Open interest | 485 |
Monster Beverage reported a 12% jump in first-quarter revenue on Thursday, helped by steady demand for the energy drink maker's high-priced juices as well as easing freight costs. Demand for the company's energy drinks, including Monster Energy and Tour Water, held as inflation-weary customers stretched their budgets to spend on at-home meals and beverages. Last month, peer Keurig Dr Pepper and larger peer Coca-Cola also reported an upswing in consumer demand for their beverages.
Monster Beverage Corp Reports Solid First Quarter with Strategic Expansions and Enhanced Profit Margins
-- Record First Quarter Net Sales Rise 11.8 Percent to $1.90 Billion ---- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $64.4 Million,Rise 15.6 Percent (12.6 Percent Exclusive of Argentina’s Impact) ---- First Quarter Gross Profit as a Percentage of Net Sales Improves to 54.1 Percent ---- First Quarter Net Income Increases 11.2 Percent to $442.0 Million ---- Company Currently Intends to Commence Tender Offer to Repurchase up to$3.0 Billion of Common Stock -- CORONA, Calif., May