Monster Beverage GAAP EPS of $0.57 misses by $0.05, revenue of $1.51B misses by $90M
Monster Beverage press release (NASDAQ:MNST): Q4 GAAP EPS of $0.57  misses by $0.05.
Revenue of $1.51B (+5.6% Y/Y)  misses by $90M.
2022 Full-Year ResultsNet sales for the twelve-months ended December 31, 2022 increased 13.9 percent to $6.31 billion, from $5.54 billion in the comparable period last year. 

Gross profit, as a percentage of net sales, for the twelve-months ended December 31, 2022 was 50.3 percent, compared with 56.1 percent in the comparable period last year.
Net income for the twelve-months ended December 31, 2022 decreased 13.5 percent to $1.19 billion, from $1.38 billion in the comparable period last year. Net income per diluted share for the twelve-months ended December 31, 2022 decreased 13.1 percent to $2.23, from $2.57 in the comparable period 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.