Beast

Monster Beverage Corporation Waives Financing Condition for Modified Dutch Auction Tender Offer to Purchase Up to $3.0 Billion of Its Outstanding Common Stock

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星期四, 五月 30, 2024
Security (finance), Monster Beverage, Monster, Term loan, Letter of transmittal, Form 10-K, Trustee, Beast, Letter, Sale, Energy, MNST, Annual report, RCF, Schlosberg, Knowledge, J.P. Morgan & Co., Monster Tour

Monster intends to borrow an aggregate of $750.0 million under the credit agreement, and expects to use $2.25 billion in cash on hand, to consummate the tender offer.

Key Points: 
  • Monster intends to borrow an aggregate of $750.0 million under the credit agreement, and expects to use $2.25 billion in cash on hand, to consummate the tender offer.
  • Because Monster expects to use less than $1.0 billion in debt financing to consummate the tender offer, Monster waives the Financing Condition and the tender offer is no longer subject to the Financing Condition.
  • Shareholders should read these materials carefully because they contain important information, including the terms and conditions of the tender offer.
  • Monster’s actual results could differ materially from those contained in the forward-looking statements, including with respect to the tender offer.

Monster Beverage Corporation Commences Modified Dutch Auction Tender Offer to Purchase Up to $3.0 Billion of Its Outstanding Common Stock

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星期三, 五月 8, 2024
Sale, Monster Tour, Energy, J.P. Morgan & Co., Beast, Monster, Letter of transmittal, RCF, Monster Beverage, MNST, Hand, Security (finance), Knowledge, Letter, Form 10-K, Term loan, Annual report

If the Financing Condition is not satisfied and Monster does not waive the Financing Condition, Monster may amend, terminate or extend the tender offer.

Key Points: 
  • If the Financing Condition is not satisfied and Monster does not waive the Financing Condition, Monster may amend, terminate or extend the tender offer.
  • Alternatively, Monster shareholders may tender shares without specifying a purchase price, in which case their shares will be purchased at the purchase price determined in accordance with the tender offer.
  • The Offer to Purchase, the related Letter of Transmittal and the other tender offer materials will be sent to Monster shareholders shortly after commencement of the tender offer.
  • Monster’s actual results could differ materially from those contained in the forward-looking statements, including with respect to the tender offer.

Monster Beverage Reports 2024 First Quarter Results

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星期四, 五月 2, 2024
The Coca-Cola Company, Argentine peso, Climate, MNST, Growth, Hilton Schlosberg, Knowledge, Person, Energy, Beast, Uncertainty, Monster Beverage, Hand, Communication, PET, Minor, Tax, Annual report, Monster Tour, Monster, Insurance, Ultra, Obesity, Commission, TCCC, Marketing, Currency, Sale, Internet, Political lists, Security (finance), Gold Strike, Form 10-K, Energy drink, Drink, Letter, Video game

CORONA, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2024.

Key Points: 
  • -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $64.4 Million,
    CORONA, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2024.
  • Such sales were approximately 39 percent of total net sales in the 2024 first quarter, compared with 37 percent in the 2023 first quarter.
  • Operating expenses for the 2024 first quarter were $485.1 million, compared with $412.8 million in the 2023 first quarter.
  • Stock-based compensation was $22.5 million for the 2024 first quarter, compared with $16.1 million in the 2023 first quarter.

Monster Beverage to Report Financial Results for 2024 First Quarter on May 2, 2024

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星期五, 四月 26, 2024
Internet, Monster Tour, Energy, Beast, Monster Beverage, MNST

CORONA, Calif., April 26, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its first quarter ended March 31, 2024, will be reported on Thursday, May 2, 2024, after the close of the market.

Key Points: 
  • CORONA, Calif., April 26, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its first quarter ended March 31, 2024, will be reported on Thursday, May 2, 2024, after the close of the market.
  • Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries.
  • The Company’s subsidiaries develop and market energy drinks, including Monster Energy® drinks, Monster Energy Ultra® energy drinks, Juice Monster® Energy + Juice energy drinks, Java Monster® non-carbonated coffee + energy drinks, Rehab® Monster® non-carbonated energy drinks, Monster Energy® Nitro energy drinks, Reign® Total Body Fuel high performance energy drinks, Reign Inferno® thermogenic fuel high performance energy drinks, Reign Storm® total wellness energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Bang Energy® drinks, BPM® energy drinks, BU® energy drinks, Burn® energy drinks, Gladiator® energy drinks, Live+® energy drinks, Mother® energy drinks, Nalu® energy drinks, Play® and Power Play® (stylized) energy drinks, Relentless® energy drinks, Samurai® energy drinks, Ultra Energy® drinks, Predator® energy drinks and Fury® energy drinks.
  • The Company’s subsidiaries also develop and market still and sparkling waters under the Monster Tour Water® brand name.

Monster Beverage to Report Financial Results for 2023 Fourth Quarter on February 28, 2024

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星期三, 二月 21, 2024
Beast, MNST, Energy, Nasty, Conference, Monster Tour, Monster Beverage, Internet

CORONA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its fourth quarter ended December 31, 2023, will be reported on Wednesday, February 28, 2024, after the close of the market. The company also said that Co-Chief Executive Officers, Rodney Sacks and Hilton Schlosberg, will host an investor conference call that same day at 2 p.m. Pacific Time to review the company’s financial results and operations.

Key Points: 
  • -- Company to Conduct Conference Call at 2 p.m. Pacific Time --
    CORONA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its fourth quarter ended December 31, 2023, will be reported on Wednesday, February 28, 2024, after the close of the market.
  • Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries.
  • The Company’s subsidiaries develop and market energy drinks, including Monster Energy® drinks, Monster Energy Ultra® energy drinks, Juice Monster® Energy + Juice energy drinks, Java Monster® non-carbonated coffee + energy drinks, Rehab® Monster® non-carbonated energy drinks, Monster Energy® Nitro energy drinks, Reign® Total Body Fuel high performance energy drinks, Reign Inferno® thermogenic fuel high performance energy drinks, Reign Storm® total wellness energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Bang Energy® drinks, BPM® energy drinks, BU® energy drinks, Burn® energy drinks, Gladiator® energy drinks, Live+® energy drinks, Mother® energy drinks, Nalu® energy drinks, Play® and Power Play® (stylized) energy drinks, Relentless® energy drinks, Samurai® energy drinks, Ultra Energy® drinks, Predator® energy drinks and Fury® energy drinks.
  • The Company’s subsidiaries also develop and market still and sparkling waters under the Monster Tour Water® brand name.

MIAMI Realtors and Rental Beast Extend Partnership, Making Rental Beast the Preferred Rental Software Provider for the MLS

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星期一, 二月 26, 2024
Marketing, Communications, Technology, Residential Building & Real Estate, Commercial Building & Real Estate, Software, Construction & Property, Data, Chocolate liquor, Partnership, Organization, Beast, MLS, Property management

The two have agreed on a multi-year contract extension, solidifying Rental Beast as the preferred rental software provider for the MLS.

Key Points: 
  • The two have agreed on a multi-year contract extension, solidifying Rental Beast as the preferred rental software provider for the MLS.
  • MIAMI Realtors has been at the forefront of issuing rental market reports utilizing the combined dataset made possible with the Rental Beast integration.
  • “We’re excited about the continued partnership with Rental Beast,” said Teresa King Kinney, CEO of MIAMI Realtors.
  • Rental Beast is committed to delivering superior rental software solutions and data that empower real estate professionals and elevate the standard of service clients experience across the Miami region,” said Ishay Grinberg, CEO and Founder of Rental Beast.

Beast Tourney Runs Sunday, February 25th, awarding 30 Seats to Record-Setting $12.5 Million Venom

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星期一, 二月 19, 2024
SAN, Moneymaker, Beast, ACR, Venom, Spin

SAN JOSE, Costa Rica, Feb. 19, 2024 /PRNewswire/ -- The record-setting $12.5 Million Venom tournament is coming to ACR Poker this April and the popular poker site is awarding tons of seats through their Venom Fever promotion.

Key Points: 
  • SAN JOSE, Costa Rica, Feb. 19, 2024 /PRNewswire/ -- The record-setting $12.5 Million Venom tournament is coming to ACR Poker this April and the popular poker site is awarding tons of seats through their Venom Fever promotion.
  • "Our $12.5 Million Venom is our biggest tournament ever and a true milestone in the online poker industry," stated ACR Pro Chris Moneymaker.
  • ACR Poker is offering lots of ways for players to get their $12.5 Million Venom seat for pennies on the dollar.
  • Moneymaker also added that the Venom will crown at least two millionaires, plus many other players will win life-changing scores.

GreenPower Announces Revenue of $34.2 million Year-To-Date for Fiscal 2024, a 40% Increase from Previous Year

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星期二, 二月 13, 2024
International, Beast, Nano, Mega, Sanitation, Participation, EST, Growth, RWC, EDGAR, Sale, Green, Webcast, McCandless, BEAST, Type, Bank statement

GreenPower reported record revenues of $34.2 million for the nine months ended December 31, 2023, an increase of 40% over the revenue of $24.4 million for the comparable period in the previous fiscal year.

Key Points: 
  • GreenPower reported record revenues of $34.2 million for the nine months ended December 31, 2023, an increase of 40% over the revenue of $24.4 million for the comparable period in the previous fiscal year.
  • These Nano BEASTs are part of the 41 all-electric GreenPower school buses ordered by the state of West Virginia," said Fraser Atkinson, GreenPower Chairman and CEO.
  • Increased cash by $3.4 million to $4.0 million from $0.6 million at the beginning of the fiscal year.
  • Deferred revenue of $10.7 million at the end of the quarter including the current portion of $8.2 million.

NOW® Sports Named Official Sports Nutrition Partner of The Brooks Beasts Track Club

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星期四, 二月 8, 2024
Collection, Beast, Sport, Microbiology, Partnership, Health, World championship, Sports Hub, Nutrition, Paris Olympics, Athlete, Science, NOW, Brooks Beasts Track Club

BLOOMINGDALE, Ill., Feb. 8, 2024 /PRNewswire/ -- NOW® Sports, the sports nutrition brand of industry-leading natural products manufacturer NOW®, is thrilled to announce its partnership with The Brooks Beasts Track Club as the Official Sports Nutrition Partner through 2024. The strategic alignment comes as Brooks professional athletes look to compete on the world's biggest stage at this summer's 2024 Paris Olympics and beyond and recognizes the importance of fueling with trusted and tested sports nutrition products to perform at the elite level.

Key Points: 
  • BLOOMINGDALE, Ill., Feb. 8, 2024 /PRNewswire/ -- NOW® Sports , the sports nutrition brand of industry-leading natural products manufacturer NOW®, is thrilled to announce its partnership with The Brooks Beasts Track Club as the Official Sports Nutrition Partner through 2024.
  • "We couldn't be more excited to partner with the Brooks Beasts," said Bryan Morin, NOW® Sports Brand Manager.
  • Nutrition plays a vital role in our success," said Danny Mackey, Brooks Beasts Head Coach.
  • NOW Sports products are available online at nowfoods.com , Amazon , or at fine health food stores and natural retailers nationwide.

Sports Nutrition Market Size Expected to Reach $81 Billion by 2030 as Workout Nutritional Supplements Demand Rises

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星期三, 二月 7, 2024
COKE, OTCQB, News, USD, Exercise, PepsiCo, NHL, NFL, Organization, Post Holdings, Rejuvenation, Common stock, PALM, MNST, Beast, Acquisition, National Football League, Major League Baseball, Growth, Government, United, Coca-Cola Consolidated, AFL, Monster Beverage, MLB, Athlete, Adjustment, Senior ice hockey, Investment, Sport, National Hockey League

It said: “The sports nutrition market segmentation has been bifurcated by end-user into commercial, bodybuilders, recreational users and athletes.

Key Points: 
  • It said: “The sports nutrition market segmentation has been bifurcated by end-user into commercial, bodybuilders, recreational users and athletes.
  • The athlete's category held the majority of the market share with respect to the sports nutrition market revenue.
  • Additionally, the U.S. sports nutrition market held the largest market share, and the Canadian sports nutrition market was the fastest-growing market in the region.
  • Major market players are spending a lot of money on R&D to increase their product lines, which will help the sports nutrition market grow even more.