Monster Beverage Q1 Earnings Call Highlights

Monster Beverage NASDAQ: MNST reported what CEO Hilton Schlosberg called “another quarter of strong financial results and cash generation,” highlighted by fiscal first-quarter net sales topping $2 billion for the first time in company history. Net sales rose 26.9% year over year to $2.35 billion, with double-digit growth across all geographic regions and share gains in a number of markets, according to management.