February 26, 2007
Hansen Natural Reports Record Sales
Well Hansen is reporting record sales... I can't say I am surprised, the Monster Energy drink has remained extremely popular. I am actually quite a fan. I guess if your wondering why you still keep hearing more and more about how huge the energy drink market is and how fast it is expanding just start looking through some of the numbers in this report. It makes it pretty clear why so many companies want to get in this market... I mean the profit margins are double that of regular soft drink and sales are soaring...
From the article:
Hansen Natural Corporation (Nasdaq:HANS) today reported record sales for the fourth quarter and year ended December 31, 2006.
Gross sales for the fourth quarter increased 51.0% to $171.5 million from $113.6 million a year earlier. Net sales for the fourth quarter increased 54.2% to $151.1 million from $98.0 million a year ago...
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