CORONA, CALIF.- Product launches and ongoing expansion into international markets helped Monster Beverage Corp. deliver growth in the second quarter. Net income in the three months ended June 30 was $292,473,000, equal to 53c per share on the common stock, up 8% from $270,116,000, or 48c per share, in the same period last year. Net sales of $1,104,045,000 were up 9% from $1,015,873,000. Top-line growth was negatively impacted by unfavorable currency. Without those foreign currency movements, net sales for the quarter would have been up 11%, according to the company.
展开▼