Monster Q1: Alcohol Net Sales Up 21%; Co-CEO Rodney Sacks Mulls Retirement

Dear Client: Monster reported record Q1 sales today for its global business, as co-CEO Rodney Sacks announced possible plans to step away from the “day-to-day” business in 2025, with his partner Hilton Schlosberg potentially set to take over the helm, solo.  Indeed, Monster saw record first quarter (ended March 31) net sales, which rose 11.8% to $1.9 billion v. $1.7 billion YA.  As for Monster’s alcohol business, net sales for The Beast Unleashed, Nasty Beast Hard Tea as well as