Monster beverage reports 2023 third quarter financial results

-- record third quarter net sales rise 14.3 percent to $1.86 billion -- -- net sales, adjusted for adverse changes in foreign currency of $29.2 million, rise 16.1 percent -- -- gross profit as a percentage of net sales improves to 53.0 percent on a reported basis and to 53.4 percent excluding the bang inventory step-up -- -- third quarter net income increases 40.4 percent to $452.7 million -- corona, calif., nov. 02, 2023 (globe newswire) -- monster beverage corporation (nasdaq: mnst) today reported financial results for the three- and nine-months ended september 30, 2023.
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