![]() ![]() The Company also experienced significant increases in ingredients and other input costs, including secondary packaging materials, co-packing fees and production inefficiencies, which adversely impacted cost of sales. In the first quarter of 2022, the Company experienced significant increases in costs of sales relative to the comparative 2021 first quarter, primarily due to increased freight rates and fuel costs, including costs relating to the importation of aluminum cans as well as aluminum can costs attributable to higher aluminum commodity pricing. The Company achieved record first quarter net sales of $1.52 billion in the 2022 first quarter, 22.1 percent higher than net sales of $1.24 billion in the 2021 comparable period. – Company Plans Price Increase in the United States Effective Septem–ĬORONA, Calif., (GLOBE NEWSWIRE) - Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2022. Company Completes its Acquisition of CANarchy Craft Brewery Collective LLC – Record First Quarter Net Sales Rise 22.1 Percent to $1.52 Billion – Monster Beverage Reports 2022 First Quarter Results
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |