Monster Beverage Corp Files 8-K on Financials & Governance

Ticker: MNST · Form: 8-K · Filed: 2024-11-07T00:00:00.000Z

Sentiment: neutral

Topics: financial-results, corporate-governance, filing

TL;DR

Monster Beverage dropped an 8-K detailing financials, exec changes, and governance updates. Keep an eye on this.

AI Summary

Monster Beverage Corporation filed an 8-K on November 7, 2024, reporting on its results of operations and financial condition as of November 6, 2024. The filing also covers the departure of directors, election of directors, appointment of officers, and compensatory arrangements. Additionally, it addresses amendments to articles of incorporation or bylaws and changes in the fiscal year, along with financial statements and exhibits.

Why It Matters

This 8-K filing provides crucial updates on Monster Beverage's financial performance and corporate governance, which are key factors for investors assessing the company's stability and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine 8-K reporting on operational results and corporate governance, not indicating any immediate or significant negative events.

Key Players & Entities

FAQ

What specific financial results are being reported by Monster Beverage Corporation in this 8-K?

The filing indicates it covers 'Results of Operations and Financial Condition' as of November 6, 2024, but the specific financial figures are detailed within the attached exhibits and financial statements, not summarized in the main text.

Are there any changes in Monster Beverage Corporation's board of directors or executive officers mentioned?

Yes, the filing explicitly states it covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers'.

Does this 8-K filing include any amendments to Monster Beverage Corporation's corporate charter or bylaws?

Yes, the filing lists 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year' as an item being reported.

What is the significance of the 'Financial Statements and Exhibits' item in this filing?

This item signifies that detailed financial reports and supporting documents are being provided as part of this 8-K filing, offering a comprehensive view of the company's financial status.

When was Monster Beverage Corporation previously known as Hansen Natural Corp?

The filing states that the date of the name change from Hansen Natural Corp to Monster Beverage Corporation was March 28, 1993.

From the Filing

0001104659-24-115332.txt : 20241107 0001104659-24-115332.hdr.sgml : 20241107 20241107162207 ACCESSION NUMBER: 0001104659-24-115332 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20241106 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241107 DATE AS OF CHANGE: 20241107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Monster Beverage Corp CENTRAL INDEX KEY: 0000865752 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 471809393 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-18761 FILM NUMBER: 241436187 BUSINESS ADDRESS: STREET 1: 1 MONSTER WAY CITY: CORONA STATE: CA ZIP: 92879 BUSINESS PHONE: 909-739-6200 MAIL ADDRESS: STREET 1: 1 MONSTER WAY CITY: CORONA STATE: CA ZIP: 92879 FORMER COMPANY: FORMER CONFORMED NAME: HANSEN NATURAL CORP DATE OF NAME CHANGE: 19930328 FORMER COMPANY: FORMER CONFORMED NAME: UNIPAC CORP DATE OF NAME CHANGE: 19600201 8-K 1 tm2427782d1_8k.htm FORM 8-K false --12-31 0000865752 0000865752 2024-11-06 2024-11-06 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.  20549   FORM  8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): November 6, 2024   Monster Beverage Corporation (Exact name of registrant as specified in its charter)   Delaware (State or other jurisdiction of incorporation)   001-18761   47-1809393 (Commission File Number)   (IRS Employer Identification No.)   1 Monster Way Corona , California 92879 (Address of principal executive offices and zip code)   ( 951 ) 739 - 6200 (Registrant’s telephone number, including area code)   N/A (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:    Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   MNST   Nasdaq Global Select Market   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨           Item 2.02. Results of Operations and Financial Condition.   On November 7, 2024, Monster Beverage Corporation (the “Company”) issued a press rel

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