Report
Sonia Vora
EUR 101.80 For Business Accounts Only

Monster's international expansion should allow for substantial near-term growth.

We’re reiterating our long-term outlook for narrow-moat Monster Beverage, which calls for compound revenue growth around 10% and gross margin averaging above 64% over the next five years, following the firm’s third-quarter results. Year to date, net sales are up 11.5%, in line with our outlook for low-double-digit annual growth, and gross margin expanded 100 basis points to nearly 64%, falling about 60 basis points shy of our expectation for the year, which we attribute primarily to geographic m...
Underlying
Monster Beverage Corporation

Monster Beverage is a holding company. Through its subsidiaries, the company develops, markets, sells and distributes energy drink beverages and concentrates for energy drink beverages. The company has the following operating and reportable segments: Monster Energy? Drinks segment, which is primarily comprised of the company's Monster Energy? drinks and Reign Total Body Fuel? energy drinks; Strategic Brands segment, which is comprised primarily of the various energy drink brands from The Coca-Cola Company, as well as its energy drinks; and Other segment, which is comprised of certain prod ucts sold by American Fruits and Flavors, LLC, a wholly-owned subsidiary, to independent third-party customers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Sonia Vora

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