Monster has grown sales by 13% over the past six months, and sales outside the U.S. are up more than 18% year over year as the energy-drink maker begins to enjoy international expansion in the wake of a distribution deal with Coca-Cola in 2015. The beverage sector is traditionally a difficult one for sustained growth, but Monster’s energy drinks are seen as a lifestyle brand among many young shoppers. The company has also been aggressive about innovating with new products; it plans to introduce new beverages in China and India by early next year.
Company Information
Overall Score | 2.6 |
Sector | Food & Beverages |
Industry | Beverages |
CEO | Rodney Sacks |
Website | http://www.monsterbevcorp.com |
Employees | 2,187 |
HQ Location | Corona, Calif. |
Revenues ($M) (Past 12 Months) | $3,587 |
Profits ($M) (Past 12 Months) | $906 |
Market Value as of Oct. 10, 2018 ($M) | $29,781 |