US Stocks Move: Monster Beverage rises over 5% pre-market after Q1 results beat expectations across the board
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Glonghui May 8|Energy drink manufacturer Monster Beverage (MNST.US) rose 5.44% before the US market open, trading at $80.1. According to reports, Monster Beverage delivered a comprehensive, better-than-expected performance: revenue reached $2.35 billion (+27%) and EPS was $0.58, both beating expectations. The proportion of international markets reached 45% for the first time, setting a new historical record, while sales volume surged 29%, making it the absolute growth driver. Operating profit margin rose to 31% against the trend. The company is currently in a multiple positive phase of "new product launch + international expansion + competitive window."
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