8-KEarnings & ResultsExhibits & Filings

Monster Beverage Corp 8-K Report, Financial Results (May 8, 2018)

Filed May 8, 2018For Securities:MNST

Summary

Monster Beverage Corporation (MNST) filed an 8-K on May 8, 2018, to report its financial results for the first quarter ended March 31, 2018. The filing primarily serves to furnish the press release containing these results as an exhibit, with more detailed financial statements and footnotes to follow in the forthcoming Form 10-Q. Investors can anticipate a conference call on the same day to discuss these results further, with a webcast available on the company's investor relations website. The key takeaway for investors is that MNST is providing an early look at its Q1 2018 performance. While the 8-K itself is brief, it directs investors to the press release for the substantive financial and operational details. The company's engagement with investors through a conference call and webcast highlights their commitment to transparency regarding performance updates.

Key Highlights

  • 1Monster Beverage Corporation (MNST) announced its first quarter ended March 31, 2018, financial results via an 8-K filing on May 8, 2018.
  • 2The 8-K filing primarily includes a press release (Exhibit 99.1) containing the Q1 2018 financial results.
  • 3More comprehensive financial statements and footnotes will be provided in the upcoming Form 10-Q.
  • 4The company scheduled a conference call on May 8, 2018, at 2:00 p.m. Pacific Time to discuss the quarterly results.
  • 5A live audio web broadcast of the conference call will be available on the company's investor relations website (www.monsterbevcorp.com).
  • 6The conference call archive will be available on the website for approximately one year.
  • 7The filing indicates MNST is an "emerging growth company" but does not elect to use the extended transition period for new or revised financial accounting standards.

Frequently Asked Questions

The 8-K filing furnished a press release (Exhibit 99.1) with the Q1 2018 financial results. For more detailed financial statements, including related footnotes, investors should refer to Monster Beverage Corporation's upcoming Quarterly Report on Form 10-Q.

Monster Beverage Corporation held a conference call on May 8, 2018, at 2:00 p.m. Pacific Time to discuss its first quarter financial results. The call was accessible via a live audio web broadcast on the company's investor relations website.

Yes, the conference call will be archived on Monster Beverage Corporation's investor relations website (www.monsterbevcorp.com) in the “Events & Presentations” section for approximately one year, allowing those who could not attend the live broadcast to listen later.

An 'emerging growth company' (EGC) is a term defined by the JOBS Act that allows smaller companies to benefit from certain regulatory reliefs, including an extended transition period for complying with new or revised financial accounting standards. However, in this filing, Monster Beverage Corporation indicated they have elected *not* to use this extended transition period, meaning they will adopt new accounting standards at the same time as other public companies.