MNST Stock Recent News

Examine the evolution of Monster Beverage's (MNST) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.

Monster's stock is down 20% year-to-date in 2024 and Celsius has fallen 30%. Celsius' health focus has worked wonders so far, but how much staying power is there in that idea?

The headline numbers for Monster Beverage (MNST) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Monster missed estimates on the top and bottom lines. Management blamed broader weakness in demand at the industry level.

Monster Beverage Corp. was one of the S&P 500's biggest laggards on Thursday after the energy-drink maker's quarterly results, reported Wednesday, spooked investors.

Consumer stocks are feeling the pressure of high inflation, with consumer sentiment hitting an eight-month low at the end of July.

Monster Beverage (MNST) shares sank Thursday, a day after co-Chief Executive Officer (CEO) Hilton Schlosberg acknowledged headwinds in the energy drinks sector in the company's second-quarter earnings report.

The energy-drink maker is on track for its largest percent decrease since March 2018.

Monster Beverage (MNST) posts soft second-quarter 2024 results. Its Monster Energy Drinks segment's sales rise 3.3% year over year.

Monster Beverage Corp (NASDAQ:MNST) fell close to 8% in pre-market trading on Thursday after the energy drink maker disappointed with second-quarter results. A dip in convenience store footfall weighed on sales, according to the Monster Energy maker, prompting revenue and profits to both miss expectations.