Monster Beverage Corporation (NASDAQ: MNST) reported net sales of $1.51 billion for the fourth quarter of 2022, up 6.2% from the same period a year ago.
Net income decreased 6.1% to $301.7 million while EPS fell 4.9% to $0.57 compared to last year.
As of December 31, 2022, the Company had $1.31 billion in cash and cash equivalents, $1.36 billion in short-term investments and $61.4 million in long-term investments.