Question · Q3 2025
Carmel Garajwala asked about the impact of affordable energy products on international margins and whether they could help narrow the historical margin gap between international and U.S. operations.
Answer
Hilton Schlosberg, CEO, explained that international pricing is generally lower due to competitive pressures and higher costs. He believes affordable energy, operating on a concentrate model, will positively contribute to overall international margins but not significantly narrow the margin gap with the U.S.
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