By Laura Cooper
Shares of energy drink-maker Monster Beverage jumped more than 5% in Friday morning trading, after the company reported a rebound in its international business and better-than-expected overall sales.
Monster reported net sales grew nearly 5% in the latest quarter, with those in international markets rising almost 12%.
The company said sales growth for energy drinks is ticking back up in the U.S., especially in convenience stores, after a recent slowdown.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
February 28, 2025 11:07 ET (16:07 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.