And those are something that I think we will deal with.”įor the second quarter ended June 30, net income increased 32% to $141,003,000, equal to 84c per share on the common stock, which compared with $106,873,000, or 64c per share, in the prior-year period. Again we think this too will pass, and I think things will settle down, but there are certainly some changing consumer trends and preferences. We think there have been some health concerns about C.S.D.s, and then the C.S.D.s have now translated into the diet C.S.D.s, so, illogically, because of some scares about sweeteners. “But we believe that eventually that will settle down and right itself. “We obviously see the continued soft trend across beverages in general,” he said. The energy drink category posted less robust growth rates both in the United States and in international markets during the past quarter, up only mid-single digits, Mr. Monster credits its wide range of products as a competitive advantage in a market that has recently experienced some softness. “And that is why we introduced that line.” “We think there is a trend for consumers on a broader base than pure sports people or bodybuilders to actually have drinks with protein, in addition to the having the energy component,” Mr. With 25 grams of protein, Muscle Monster is positioned as both a source of pre-workout energy and a recovery drink. Last year, the beverage maker added Muscle Monster protein drinks to broaden its consumer base and consumption occasions. New flavors and products at Monster are created to cater to “the full gambit of consumers,” Mr.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |