Monster Beverage Corporation (MNST) Q3 2022 Earnings Call Transcript

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Q3: 2022-11-03 Earnings Summary

10-Q
EPS of $0.30 misses by $0.00 | Revenue of $1.62B (15.15% Y/Y) misses by $28.58M

Monster Beverage Corporation (NASDAQ:MNST) Q3 2022 Results Conference Call November 3, 2022 5:00 PM ET

Company Participants

Rodney Sacks - Chief Executive Officer
Hilton Schlosberg - Vice Chairman and Co-CEO
Tom Kelly - Chief Financial Officer

Conference Call Participants

Andrea Teixeira - JPMorgan
Dara Mohsenian - Morgan Stanley
Bonnie Herzog - Goldman Sachs
Kevin Grundy - Jefferies
Mark Astrachan - Stifel
Peter Galbo - Bank of America

Operator

Good afternoon, everyone, and welcome to the Monster Beverage Third Quarter 2022 Financial Results Conference Call. [Operator Instructions] Please also note, today's event is being recorded.

At this time, I'd like to turn the floor over to Rodney Sacks and Hilton Schlosberg. Gentlemen, please go ahead.

Rodney Sacks

Thank you. Good afternoon, ladies and gentlemen. Thank you for attending this call. I'm Rodney Sacks. Hilton Schlosberg, our Vice Chairman and Co-Chief Executive Officer, is on the call; as is Tom Kelly, our Chief Financial Officer. Tom Kelly will now read our cautionary statement.

Tom Kelly

Before we begin, I would like to remind listeners that certain statements made during this call may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended, and are based on currently available information regarding expectations of management with respect to revenues, profitability, future business, future events, financial performance and trends as well as the future impact of the COVID-19 pandemic on the company's business and operations.

Management cautions that these statements are based on our current knowledge and expectations and are subject to certain risks and uncertainties, many of which are outside the control of the company that may cause actual results to differ materially from the forward-looking statements made during this call.

Please refer to our

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