NASDAQ$MNST
Monster Beverage Corp · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Achieved record first quarter net sales and completed the acquisition of CANarchy Craft Brewery Collective LLC.
Monster Beverage Corporation reported a 22.1% increase in net sales for the first quarter of 2022, reaching a record $1.52 billion. The company completed its acquisition of CANarchy Craft Brewery Collective LLC and is planning a price increase in the United States effective September 1, 2022.
- Net sales increased by 22.1% to a record $1.52 billion in the first quarter of 2022.
- The company experienced significant increases in costs of sales due to increased freight rates, fuel costs, and aluminum can costs.
- Completed the acquisition of CANarchy Craft Brewery Collective LLC on February 17, 2022.
- Planning a market wide increase in pricing effective September 1, 2022, in the United States.
Headline financials
Revenue & EPS history
Monster Beverage · Revenue · Quarterly
$1.52B
Revenue by segment
Monster Beverage · $1.51B total across 4 segments · Q1 2022
- Monster Energy Drinks$1.4B+19.7%92.5%
- Strategic Brands$92.6M+36.6%6.1%
- Alcohol Brands$15.2M—1.0%
- Other$5.9M+3.5%0.4%
Forward guidance
The company anticipates continued growth in the global energy drink category and is implementing measures to mitigate the impact of increased costs in their supply chain.
Tailwinds
- The global energy drink category continues its growth trend.
- The company is well placed to capitalize on this growth with its Monster Energy family of brands, as well as its Strategic and Affordable energy brands.
- The company launched a number of new products and expanded distribution of its brands in many international markets in the first quarter of 2022.
- Inventories were steadily rebuilt in the 2022 first quarter, while at the same time meeting strong customer demand.
- The company believes that some of the increased costs that they are experiencing are likely to be transitory.
Headwinds
- Significant increases in freight-in and fuel costs continue to impact costs of sales.
- Other input costs continue to impact costs of sales.
- The shortage of shipping containers and global port congestion remain a challenge.
- There is a need for airfreighting of certain ingredients.
- Increases in fuel and freight costs continue to adversely impact costs of sales and operating expenses.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+1.2%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+2.1%
Avg return
30 days after
58%
40 / 69 earnings
Positive
+15.7%
Q1 2016
Best reaction
-19.9%
Q2 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.6% | +9.6% | +16.1% | |
| Q4 2025 | +1.5% | -9.3% | -17.1% | |
| Q3 2025 | +5.1% | +6.3% | +11.2% | |
| Q2 2025 | +0.0% | -0.8% | -2.6% | |
| Q1 2025 | +1.5% | +1.4% | +5.4% | |
| Q4 2024 | +5.3% | +6.6% | +11.4% | |
| Q3 2024 | -0.6% | +2.9% | -4.0% | |
| Q2 2024 | -11.4% | -9.7% | -4.2% | |
| Q1 2024 | +2.7% | +2.1% | -3.0% | |
| Q4 2023 | +5.3% | +4.3% | +5.6% | |
| Q3 2023 | +7.6% | +8.4% | +6.9% | |
| Q2 2023 | -4.4% | -0.4% | -1.9% | |
| Q1 2023 | +2.3% | +0.6% | +1.9% | |
| Q4 2022 | -3.0% | -0.3% | +2.6% | |
| Q3 2022 | +6.8% | +6.7% | +13.4% | |
| Q2 2022 | -4.9% | -7.5% | -8.0% | |
| Q1 2022 | +0.0% | -2.9% | +2.5% | |
| Q4 2021 | +6.5% | +4.8% | -0.9% | |
| Q3 2021 | +4.9% | +5.1% | -4.1% | |
| Q2 2021 | +5.4% | +7.4% | +6.1% | |
| Q1 2021 | -3.4% | -3.1% | +1.0% | |
| Q4 2020 | -0.6% | -1.5% | +3.9% | |
| Q3 2020 | +0.7% | -1.4% | +5.7% | |
| Q2 2020 | +6.8% | +6.9% | +6.2% | |
| Q1 2020 | +7.3% | +8.0% | +17.8% | |
| Q4 2019 | -5.3% | -3.2% | -14.4% | |
| Q3 2019 | +3.9% | +4.3% | +7.2% | |
| Q2 2019 | +3.3% | -6.1% | -5.0% | |
| Q1 2019 | +8.9% | +6.3% | +6.8% | |
| Q4 2018 | +8.7% | +10.7% | -7.1% | |
| Q3 2018 | -1.2% | -0.1% | +4.8% | |
| Q2 2018 | +2.0% | +1.1% | +0.9% | |
| Q1 2018 | -7.9% | -7.6% | -0.9% | |
| Q4 2017 | -15.5% | -13.1% | -10.8% | |
| Q3 2017 | +1.3% | +7.4% | +9.2% | |
| Q2 2017 | -1.6% | +1.8% | +6.6% | |
| Q1 2017 | +5.6% | +6.8% | +14.1% | |
| Q4 2016 | +14.3% | +13.4% | +11.4% | |
| Q3 2016 | -6.3% | -5.7% | -7.6% | |
| Q2 2016 | +3.0% | +0.9% | -2.5% | |
| Q1 2016 | +15.7% | — | — | |
| Q4 2015 | -1.2% | — | — | |
| Q3 2015 | +13.1% | — | — | |
| Q2 2015 | -3.2% | — | — | |
| Q1 2015 | -8.5% | — | — | |
| Q4 2014 | +14.0% | — | — | |
| Q3 2014 | +9.3% | — | — | |
| Q2 2014 | +5.2% | — | — | |
| Q1 2014 | +2.9% | — | — | |
| Q4 2013 | +4.2% | — | — | |
| Q3 2013 | -4.7% | — | — | |
| Q2 2013 | +2.0% | — | — | |
| Q1 2013 | -5.6% | — | — | |
| Q4 2012 | -1.3% | — | — | |
| Q3 2012 | +1.8% | — | — | |
| Q2 2012 | -19.9% | — | — | |
| Q1 2012 | +9.6% | — | — | |
| Q4 2011 | +0.7% | — | — | |
| Q3 2011 | -4.7% | — | — | |
| Q2 2011 | +11.0% | — | — | |
| Q1 2010 | -0.7% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q4 2008 | -3.7% | — | — | |
| Q4 2010 | -3.7% | — | — | |
| Q3 2010 | -2.8% | — | — | |
| Q3 2009 | -2.8% | — | — | |
| Q2 2010 | +1.6% | — | — | |
| Q2 2009 | +1.6% | — | — | |
| Q4 2009 | +1.6% | — | — |
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