Monster Beverage : CORRECTING and REPLACING -- Monster Beverage to Report 2016 Second Quarter Financial Results August 4, 2016
July 28, 2016 at 03:31 pm EDT
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July 28, 2016
CORONA, Calif., July 28, 2016 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Monster Beverage Corporation (NASDAQ:MNST), please note that the Company's second quarter results will be released after the close of the market, not before the market opens as previously stated. The corrected release follows:
Monster Beverage Corporation (NASDAQ:MNST) today announced that results for its second quarter ended June 30, 2016 will be released Thursday, August 4, 2016, after the close of the market.
The Company will host an investor conference call that same day at 2 p.m. Pacific Time on which Rodney Sacks, chairman and chief executive officer, and Hilton Schlosberg, vice chairman and president, will review Monster's financial results and operations.
The call will be open to all interested investors through a live audio webcast via the Internet at www.monsterbevcorp.com. For those who are not able to listen to the live broadcast, the call will be archived for approximately one year on the website.
Monster Beverage Corporation
Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company's subsidiaries develop and market energy drinks, including Monster Energy® energy drinks, Monster Energy Extra Strength Nitrous Technology® energy drinks, Java Monster® non-carbonated coffee + energy drinks, M3® Monster Energy® Super Concentrate energy drinks, Monster Rehab® non-carbonated energy drinks with electrolytes, Muscle Monster® Energy Shakes, Übermonster® energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Burn® energy drinks, Samurai® energy drinks, Relentless® energy drinks, Mother® energy drinks, Power Play® energy drinks, BU® energy drinks, Nalu® energy drinks, BPM® energy drinks, Gladiator® energy drinks, and Ultra® energy drinks. For more information, visit www.monsterbevcorp.com.
CONTACTS:
Rodney C. Sacks
Chairman and Chief Executive Officer
(951) 739-6200
Hilton H. Schlosberg
Vice Chairman
(951) 739-6200
Roger S. Pondel / Judy Lin Sfetcu
PondelWilkinson Inc.
(310) 279-5980
Source: Monster Beverage Corporation
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Monster Beverage Corporation published this content on 28 July 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 July 2016 19:31:05 UTC.
Original documenthttp://investors.monsterbevcorp.com/releasedetail.cfm?ReleaseID=981757
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Monster Beverage Corporation specializes in the development and marketing of beverages. Net sales break down by product family as follows:
- energy drinks (98%): primarily carbonated and non-carbonated energy drinks (Monster Energy®, Monster Energy Ultra®, Monster Rehab®, Monster Energy® Nitro, Java Monster®, Punch Monster®, Juice Monster®, Monster Hydro®, Monster Super Fuel®, Monster Dragon Tea®, Reign Total Body Fuel®, Reign Inferno®, Reign Storm®, True North®, NOS®, Full Throttle®, Burn®, Mother®, Nalu®, Ultra Energy®, Play®, Power Play®, Relentless®, BPM®, BU®, Gladiator®, Samurai®, Live+®, Predator®, Fury®, etc. brands);
- alcoholic beverages (1.6%): primarily beers, hard seltzers and flavored malt beverages (Cigar City®, Oskar Blues®, Deep Ellum®, Squatters®, Wild Basin®, Wasatch®, Perrin®, The Beast Unleashed®, etc. brands);
- other (0.4%).
Products are made and bottled by sub-contractors.
Net sales are distributed geographically as follows: the United States and Canada (65.2%), Europe/Middle East/Africa (19.5%), Latin America and Caribbean (8.1%) and Asia/Pacific (7.2%).