AI Prospecting for Monster Beverage
Company data:
Company size:
5254 employeesWebsite URL:
https://www.monsterbevcorp.comIndustry
BeveragesHeadquarters:
1 Monster Way, Corona, California, USAInvestment round:
Publicly Traded (NASDAQ: MNST)ARR:
$6 billionLatest news about Monster Beverage
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
Monster Beverage reported a 1.3% increase in Q3 2024 net sales to $1.88 billion, despite challenges from Hurricane Helene and currency headwinds. The company launched new products, including Monster Energy Ultra Vice Guava and Nasty Beast Hard Tea, and saw a 21% increase in alcohol sales in Q1 2024[1][4][5].
Monster Beverage's Q3 2024 saw a 1.3% increase in net sales to $1.88 billion, with net income down 18.1% to $370.9 million. The company implemented a 5% price increase on most brands starting November 1, 2024, and reported improved gross profit margins at 53.2%, despite increased operating expenses[1][5].
Monster Beverage's Q3 2024 saw a 3.9% increase in net sales for the Monster Energy Drinks segment on a foreign currency adjusted basis, while the Strategic Brands segment rose 24.1%. The Alcohol Brands segment declined 6% due to decreased craft beer sales. The company launched new products, including Monster Energy Ultra Vice Guava, and is expanding alcohol distribution internationally[1][3][4].
Open job positions at Monster Beverage
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.
