Hansen Natural (HANS) [29/30], maker of alternative sodas, fruit juices, smoothies and iced tea, posted anothe monster quarter, lifted by a continued surge of sales in its Monster energy drinks and rising margins. The company smashed estimates of .60/share by .23/share, which is good for an increase of 246% over the year ago quarter. Revenues rose 100% over the same period.
The company said results were boosted by strong sales of its energy drinks, including Monster Energy drinks, ‘Assault’ drinks and Monster Energy Khaos drinks. The sales increase was partially off-set by lower sales of smoothies and natural sodas. The stock broke out last week from a nice looking base, helped by a Citigroup upgrade. It’s up over 15% in premarket trading.
HANS is up 15X! It is a riskier buy now at this later stage, even though it could still have much further to go.
Yep, that was some call Ken. I remember being surprised when you highlighted it.. I believe at the time it was trading around 40K shares and had just started to ramp up growth with 2 consecutive quarters of growth. Do you recall your research process on that one? Were you sitting at your desk buzzing with a Monster kick, when it hit you that others.. many others would enjoy that same feeling you had, each and every day? I have to admit I like the sugar free Rockstar Energy drink once in awhile. I’m just wondering when Red Bull will go public or get bought out by Pepsi or Coke.