Monster Beverage faces growth slowdown concerns ahead of Q3 earnings release
MNST Monster Beverage Corp
$45.72 -4.41%
View chart & analysis → - 1Monster Beverage revenue is expected to reach approximately $2.48 billion, representing a 12.9% year-over-year increase.
- 2On a constant currency basis excluding alcohol, Monster Beverage revenue growth in July was approximately 14%, a slower pace compared to the more than 20% surge in the first half of the year.
- 3International revenue rose 34.6% last quarter, accounting for 46% of total revenue.
So what's the key point?
Monster Beverage revenue is expected to grow as much as experts predict. However, the growth rate has slowed down compared to the first half of the year.
Source Earnings Whispers · View original ↗
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