Hansen Energy Drinks Drive Treble Earnings, Record Sales
April 3, 2006
Hansen Energy Drinks Drive Treble Earnings, Record Sales
CORONA, Calif.Hansen Natural Corp. (NASDAQ:HANS) reported tripled earnings on record sales for its fiscal year2005, due to strong volume sales of its various energy drink brands, as well asto apple juice sales. Net sales for the year swelled to $348.9 million, up 93 percent on strongfourth quarter sales of $113.6 million, an 84-percent growth. Operating incomealso exploded, up 209 percent, generating a net income for the year of $62.8million or $2.59 per share, more than triple the $20.4 million or $0.86 pershare earned in FY2004. Contributing to the earnings windfall, fourth quarternet income more than doubled to $18.4 million from $7.3 million earned in thesame quarter the year prior.
Rodney Sacks, chairman and chief executive officer (CEO), said the recordresults were driven primarily by huge sales volume of certain company energydrink brands, including Monster Energy®, Lost® and Joker Mad Energy®. Also contributing were sales of apple juice and apple juice blends. Not allHansen brands (www.hansens.com) fared so well, as huge sales gains werepartially offset by decreased sales of the companys natural sodas, as well asits Energade® beverages and canned smoothies.
Share price throughout fiscal 2005 reflects the companys outstandingperformance, rising dramatically from $30 per share a year ago to $118 on March30.
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