In Latin America, including Mexico and the Caribbean, net sales in the 2022, first quarter increased 52.5% in dollars and increased 59.7% in local currencies over the same period in 2021. But as I said on a previous call, we're running our own brand, irrespective of the competitors. You may recall that in our 2021, first quarter conference call to shareholders, we estimated that April 2021 sales were approximately 71.3% higher than in April 2020. We will update Rodney Sacks's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Sales of Java Monster, including Java Monster 300 and Java Monster Nitro Cold Brew were 2.4% higher in the same period versus the previous year. Thank you. As we fight for our collective freedom and liberation, elections are an important step in the broader process of making change. Monster sales increased 28.9%. 4. Sales of Starbucks Energy were 11.7% lower. Honeywell (North Carolina & Arizona)Honeywell is an aerospace defense contractor and engineering company that is based in North Carolina but also has a significant presence in Arizona. Our co-packing network is an integral part of the company's production model, which we intend to preserve. The way we got to our price increase is -- price increase, remember, we're already taking pricing actions. CEO Marvin Ellison was named to Trumps Great American Economic Revival advisory group for retail earlier this year. The market shares of the company's brands in Australia for the month ended April 10, 2022 decreased from 24.5% to 24%. It certainly doesn't sound that way, but I just wanted to ask given the step-down from what we saw from very strong results in the quarter. "We are confident that the recent portrayal of the company in the media is not representative of [our] culture and practices," Monster chairman and CEO Rodney Sacks and vice chair and president Hilton Schlosberg said in a statement. Although we expect to reduce the importation of aluminum cans into EMEA in the second half of 2022, we will only see a reduction in cost of sales after we have worked through current inventories of imported cans in EMEA. Jerry Brown and Harris, the states attorney general. Sales of Monster were up 10.6%. Greg Abbott, donating nearly $500,000 to his campaigns since 2006. VPX has filed a motion to vacate the arbitration award. Click here to sign our petition telling these #GOPcorps to stop bankrolling the politicians who suppress our votes. CEO Gregory Hayes was named to Trumps Great American Economic Revival advisory group for defense earlier this year. We already took pricing up, as we mentioned, through pricing actions, and we will be taking pricing up effective September 1. The DeVos family members are also part owners of the NBAs Orlando Magic. We are calling on these wealthy elites and executives to publicly pledge to demand back all the money they have given to any elected official that refuses to honor the results of a full, fair, and accurate count of all mail-in and in-person ballots in their state or takes any action to prevent all the ballots from being counted. Rockstar share was down 0.2 points to 3.6%. Sales in Australia and New Zealand were negatively impacted by shipping delays of certain flavors, concentrates and ingredients. Please keep in mind that the comparative 2020 sales were materially adversely impacted by the COVID-19 pandemic. And is that across -- great, and is that across all products and channels or balanced with RGM? Consequently, such activities could have a significant impact on the monthly Nielsen statistics for Mexico. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The sales growth of the Monster brand exceeded that of Red Bull in the period. So we had a dramatic increase in fuel prices, which we really didn't forecast. Fords PAC is a major donor to Republicans nationally and in Michigan. Hendricks is a major donor to Wisconsin Republicans, the Republican National Committee, and Trump. Previously held government jobs: 87.10%. Entering text into the input field will update the search result below, our most recent annual report on Form 10-K filed on February 28, 2022, including the sections contained therein, risk factors and forward-looking Statements for a discussion on specific risks and uncertainties that may affect our performance. The increase in other operating expenses was primarily due to increased expenditures for travel and entertainment, increased payroll expenses, increased professional services expenses, including accounting and legal expenses, increased commissions and increased sponsorships and endorsements. Crowdpac assigns politicians a numerical score ranging from 10L for extremely liberal to 10C for extremely conservative, with 0 representing somebody whos perfectly centrist. Sales of Reign were down 6.1%. His father was also a respected businessman in Johannesburg, and his name was Wolfe Harry Sacks. Before we begin, I would like to remind listeners that certain statements made during this call may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are based on currently available information regarding the expectations of management with respect to revenues, profitability, future business, future events, financial performance and trends, as well as the future impact of the COVID-19 pandemic on the company's business and operations. Samuel Allen, Deere & Co. (DE): 7.3C Allen has donated to some of the most conservative candidates and groups Crowdpac tracks, including several candidates for statewide office in Iowa, where Allen lives. We also introduced the Predator brand in India. Second, we have right-wing politicians enacting a series of tactics meant to suppress the votes of BIPOC communities. CEO Craig Menear is also a major Republican donor. We successfully launched several new products across Latin America in the first quarter of 2022. Please go ahead. Hank Meijer came under fire for a campaign finance violation this year while trying to mask a donation to his sons campaign. First, we must demand that all states count and honor every vote. Dick is also on Amways board of directors and previously served as the companys president. Here are the five most liberal CEOs, according to the firm's rankings: 5. Public asset : 89,496,414 USD. J effrey Sachs, the world-renowned economist who leads Columbia University's sustainable-development program, has advised three U.N. secretaries-general, is the author of numerous books, and. 2. Both the city and state of New York are largely represented by Democrats, which means Wall Streeters must donate to the left if they want to support home-state politicians. Nooyi chooses her candidates carefully, but always chooses Democrats. The next question comes from Mark Astrachan from Stifel. So maybe touch on that for us, please? Tom Kelly will now read our cautionary statement. Monster share increased 0.6 share points to 31.6%. Hilton Slosberg, our Vice Chairman and Co-Chief Executive Officer, is on the call; as is Tom Kelly, our Chief Financial Officer. He received his bachelor's degree from the University of Richmond and his law degree from Florida State University. In China, net sales decreased 8.9% in dollars and 10.8% in local currency as compared to the same quarter in 2021, largely impacted by COVID-related lockdowns. Multi-level marketing companies are sometimes compared to pyramid schemes. Gross profit in the first quarter was impacted by higher aluminum commodity pricing, increased freight for imported cans, increased raw material and ingredient costs, as well as airfreight costs. Wells Fargos head of consumer banking, Mary Mack, was named to Business North Carolinas Power 100 in 2020. 5. And then turning to your second question about gas prices. , in respect of a candidate, means the name of the political party that has endorsed him or her or the word "independent", as the case may be, included in the nomination paper in accordance with subparagraph 66 (1) (a) (v). Rodney Cyril Sacks is an American businessman and the CEO of Monster Beverage. If the COVID-19 pandemic and related unfavorable economic conditions continue in certain regions, our new product innovation launches in those regions could be delayed. 27 out of 31 Goldman Sachs lobbyists in 2021 have previously held government jobs. As a result, it now owns CNN, HBO, Warner Brothers, TNT, TBS, truTV, DC Entertainment, New Line, the Cartoon Network, Adult Swim, and Turner Classic Movies. Coming on the heels of the Parkland school shooting earlier that year, Publix made its largest single political donation ever to Adam Putnams failed campaign for the Republican nomination for Governor in 2018, giving $670,000 to the self-professed proud NRA sellout. Lowes (North Carolina)North Carolina-based Lowes is a major donor to Republicans, both nationally and in the state. It's really difficult for us to get that information to this investor group. McMullen was named to Trumps Great American Economic Revival advisory group for retail earlier this year. For this story, Crowdpac analyzed donations from CEOs of the 100 largest public U.S. companies, and Yahoo Finance considered only those CEOs who gave to two or more different causes or candidates during the last 15 years, to eliminate those who might have had a passing interest in a single issue. And so far, we have not heard any rumblings from competitors about what they're doing and what they're not doing. He enrolled at University of the Witwatersrand in Johannesburg and graduated with a degree in law and later post graduated higher diploma in tax law. Ferguson isnt a huge donor, but in 2008 he gave $2,300 to presidential candidate Barack Obama and $2,700 to the Democratic National Committee. Great. When Bernie Marcus, the co-founder of Home Depot turned 90, Georgia business and civic leaders celebrated his birthday by raising $117 million in his honor. Iger is a reliable and very active Democratic donor who has given $50,000 to the Democratic Senatorial Campaign Committee during the last two years and another $25,000 to the Democratic Congressional Campaign Committee. Thank you. So you guys called out certainly many pressures this quarter impacting your business to really fill the strong underlying demand. Trump added Hendricks to his economic advisory council in 2016 after Hillary Clinton criticized him for not having any women on it. Monster remains the market leader in Japan and South Korea. Reign sales decreased 2%, NOS was down 2.3%, and Full Throttle was up 7.1%. Maybe just comment on the magnitude of it, how you arrived at that, why you believe that's the appropriate number? His family is one of the wealthiest in Florida and his daughter and grandchildren are major Trump donors. A billionaire duo led by Rodney Sacks has created Monster Beverage, an energy drink company that makes a variety of brands, from NOS to Relentless. According to Nielsen, in all measured channels in Canada, for the 12 weeks ended March 26, 2022, the energy drink category increased 13.5% in dollars. Monster Beverage Corporation (NASDAQ:MNST) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET, Hilton Schlosberg - Vice Chairman and Co-CEO. Please go ahead. In February of 2022, we introduced new flavor innovations with Ultra Peachy Keen, Juice Monster Aussie Style Lemonade, Rehab Watermelon and Reign Reignbow Sherbet. Party each state voted for in presidential elections by number of wins U.S. 1900-2020. But I think that's something that we've managed to achieve the results. CEO John Schlifske is a major donor to Wiconsin Republicans and Northwestern Mutuals PAC is a major donor to Republicans nationally. We also launched Monster Ultra Gold in Puerto Rico and Monster Mango Loco in Colombia. In Argentina, we launched VR46 The Doctor. The next question comes from Kevin Grundy from Jefferies. We did include TIAA-CREF because it reports earnings like a public company, even though it doesn't have traditional shareholders. Sales of Red Bull were down 0.4%. Did not previously hold government jobs. Previously held government jobs. Included in reported geographic sales are our sales to the company's military customers, which are delivered in the U.S. and transshipped to the military and their customers overseas. AT&T (Texas & Georgia)Dallas-based AT&T also has regional headquarters in Atlanta. Against all odds, our communities have organized and fought to win our civil and human rights, including the right to vote. Mike Madsden, the President & CEO of Honeywell Aerospace, sits on the board of the Greater Phoenix Economic Council, a powerful business lobbying group in Arizona. This should enable us to improve our service levels and lower transportation costs across North America, EMEA and LatAm. But he has . Yet I just wanted to circle back, because I thought you guys had made some progress in some of the distribution inefficiencies such as maybe already purchasing more supply in the U.S. during the quarter as well as started to operate back within your orbit. In June 2020, Monster Energy Company, which I will refer to as MEC and Orange Bang, Inc., a family-owned beverage business and the rightful owner of several trademark registrations to the Bang marks, initiated an arbitration against VPX. In the first quarter of 2022, the company experienced significant increases in cost of sales relative to the comparative 2021, first quarter, primarily due to increased freight rates and fuel costs, including costs relating to the importation of aluminum cans, as well as aluminum can costs attributable to higher aluminum commodity pricing. His brother was art collector Leslie Sacks. In Oceana, which includes Australia, New Zealand, Tahiti, French Polynesia, New Caledonia, Papua New Guinea and Guam, net sales decreased 13.8% in dollars and 7.9% in local currencies. He is the 418th richest person in United States according to the 2014 Forbes Magazine. Complete Name: Rodney Cyril Sacks. And in recent quarters, that had been reversed with less -- lower driving through COVID and then you've got higher gas prices. Since 2008, Blankfein has donated to both Republicans (Sen. Linked companies : Monster Beverage Corporation. Political affiliation means the state of belonging to or endorsing any political party. During the first quarter of 2020, we launched Monster Pipeline Punch in Singapore. That kept a few prominent CEOs off our lists. Our next question comes from Bonnie Herzog from Goldman Sachs. Sales of the company's energy brands, which include Reign increased 4.8% in the 4-week period in the convenience and gas channel. You may now disconnect. Honeywell CEO Darius Adamczyk also joined Trump in a coronavirus press briefing at the White House this past March. Warren was also one of the biggest donors to the super PAC supporting former Texas Gov. Thanks. In Asia Pacific, net sales in the 2022, first quarter increased 1.9% in dollars and increased 9.4% in local currencies over the same period in 2021. The powerful DeVos family is a major Republican donor, both nationally and in Michigan, and active in politics. Please go ahead. They compete with Red Bull, Pepsico, and Rockstar. According to the Nielsen reports for the 13 weeks through April 23, 2022, for all outlets combined, namely convenience, grocery, drug, mass merchandisers, sales in dollars in the energy drink category, including energy shots, increased by 11.5% versus the same period a year ago. Uline (Wisconsin & Arizona)Liz and Dick Uihlein, the founders of Wisconsin-based Uline, are the top Republican donors nationally in the 2020 election cycle, with more than $58 million in contributions. Corporations have never been and will never be the guardians of democracy. According to IRI in New Zealand, Monster's market shares in value for the 4 weeks ended April 17, 2022, increased from 12.7% to 12.9%, as compared to the same period the previous year. Have they already started to ease? First, major corporations are buying off our elected officials in the most expensive election cycle in the history of the country. Reign share decreased 0.1 of a share point to 2.4%. In Chile, Monster's retail share for the month of March 2022 decreased from 40% to 36.3%, due to a shortage of shipping containers. Furthermore, the company experienced significant increases in distribution expenses, including increased fuel, freight and warehousing costs, which adversely impacted operating expenses. The cost of repositioning finished products to distribution centers are included in freight-in costs. I would now like to hand the call over to Rodney Sacks. Hey, good afternoon. Kroger (Ohio)Krogers PAC and CEO Rodney McMullen have both been major donors to Ohio Republicans. In February of 2022, we grew Canada's Reign portfolio by launching Rain White Gummy Bear. Fast Facts. 1. 3. Rodney Sacks et al., case number 8:20-cv-01782, in the U.S. District Court for the Central District of California. 1. Country of residence : Unknown. AT&Ts PACs are major donors to Republicans- both nationally, and in Texas and Georgia. In April 2022, we launched Monster Mango Loco in Japan. So that price increase is in addition to the pricing actions that we took in the first quarter that we started taking in the last quarter of 2021, and will continue through this year. Rodney Sacks is chairman and CEO of energy drink maker Monster Beverage Corporation. Thank you very much for your attendance. He is no longer "the quick-witted victor but the hero of moral courage who stands tall in the eyes of humanity and God.". We are proceeding with plans to launch our affordable energy brands in an additional number of international countries. As I said earlier, Monster is an affordable luxury, and we don't anticipate at this time seeing a dramatic falloff in sales in the convenience and gas channel. Highlights, big interviews, and more from the Milken Institute Global Conference, Uber Q1 earnings preview: Mobility and Delivery expected to drive growth, UPDATE 1-IMF's Georgieva says more vulnerabilities in banking sector may be exposed, Bill would allow 14-year-olds to serve alcohol in Wisconsin, Stocks rise as JPMorgan Chase takes over First Republic: Stock market news today, Bitcoin Sags After its Longest Streak of Monthly Gains Since 2021. The most egregious of all voter suppression tactics being discussed is the idea that legislatures in swing states should select a Republican slate of electors to send to the electoral college, regardless of the popular vote. When theyre conducted freely and fairly, elections are meant to give the people a voice in shaping the world we live in by offering us the opportunity to elect leaders who represent our values.
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