Recent
Latest
Dear Client: Monster Beverage Corp. has been on a tear this year, most recently reporting record quarterly net sales of $2.2 billion in Q3, a 16.8% increase from the $1.88 billion in net sales recorded a year ago. The record earnings were attributed, in large part, to increasing household penetration of the energy category globally, CEO Hilton Schlosberg said on the company’s earnings call yesterday, noting that new consumers are entering the energy category as it continues to tap into
On His First Earnings Call, New Molson Coors Chief Talks M&A, Marketing and More
Dear Client: Rahul Goyal’s first earnings call as Molson Coors CEO went well over an hour, wherein Rahul fielded questions on their impairment charge in the quarter, potential M&A, his mandate from the Board, and more. Let’s dig in. In the quarter, the company recorded an eye-popping non-cash partial goodwill impairment charge of $3.6 billion, and non-cash intangible asset impairment charges of $274 million. Naturally, callers wanted to know more. BofA Securities’ Peter Galbo asked: What happened? Rahul acknowledged “a
beernet studios
Where inspiration and insight meet.
Join us at the 2026 Beer, Wine & Spirits Summit for two days of networking, education, and fun, elevating your business and career.
