In the Q2, Monster Beverage Corp's corporate clients experienced a decline by -11.73 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -14.63 %. During the corresponding time, Monster Beverage Corp recorded a revenue increase by 20.18 % year on year, sequentially revenue grew by 7.87 %. While revenue at the Monster Beverage Corp's corporate clients recorded rose by 8.09 % year on year, sequentially revenue grew by 5.71 %.
Customers of Monster Beverage Corp saw their costs of revenue decline by -11.73 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -14.63 %, for the same period Monster Beverage Corp recorded revenue increase by 20.18 % year on year, sequentially revenue grew by 7.87 %.
Monster Beverage's Comment on Sales, Marketing and Customers
The Monster Energy® Drinks segment sells ready-to-drink packaged beverages primarily to bottlers and full-service beverage distributors, as well as directly to retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience and gas chains, drug stores, foodservice customers, value stores, e-commerce retailers, and the military. The Strategic Brands segment supplies concentrates and beverage bases to authorized bottling and canning operations, which produce ready-to-drink packaged energy drinks for bottlers, distributors, and the same retail and distribution channels as Monster Energy® Drinks. This segment also sells some ready-to-drink packaged energy drinks directly to bottlers and distributors. The Alcohol Brands segment markets kegged and ready-to-drink canned beers, flavored malt beverages (FMBs), and hard seltzers primarily to beer distributors in the United States.
Monster Beverage’s Comment on Sales, Marketing and Customers
The Monster Energy® Drinks segment sells ready-to-drink packaged beverages primarily to bottlers and full-service beverage distributors, as well as directly to retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience and gas chains, drug stores, foodservice customers, value stores, e-commerce retailers, and the military. The Strategic Brands segment supplies concentrates and beverage bases to authorized bottling and canning operations, which produce ready-to-drink packaged energy drinks for bottlers, distributors, and the same retail and distribution channels as Monster Energy® Drinks. This segment also sells some ready-to-drink packaged energy drinks directly to bottlers and distributors. The Alcohol Brands segment markets kegged and ready-to-drink canned beers, flavored malt beverages (FMBs), and hard seltzers primarily to beer distributors in the United States.
Sources:
Monster Beverage Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Monster Beverage Corp’s corporate clients.
For your research, we’ve provided 9 tables on Monster Beverage Corp corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
179.11 %
10.04 %