We hope that you will stay safe and healthy. 27. According to Nielsen, for the month of March -- month of March 2022 compared to March 2021, Monster's retail market shares in value increased in Brazil from 34.9% to 40.2%. 5-Hour was down 5.2% and VPX Bang sales decreased by 11.7%. 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. Ideology score: 6.7C.The billionaire hedge-fund manager and CEO donates below his weight, with most donations ranging from $1,000 to $2,500. According to INTAGE in Japan, in the last month ending March 2022, Monster's market shares in value in the convenience store channel as compared to the same period the previous year, grew from 50.1% to 52.5%. In Argentina, we launched VR46 The Doctor. Notably missing: Democrat backers. Sacks fills the vacancy created by the elevation and resignation of Judge . In January of 2022, we introduced our first 16-ounce Ultra variety 12 packs, which are being well received by consumers, and we are continuing to expand our multi-pack portfolio in the 2022, first quarter. Liz, who is the companys CEO, is also an economic adviser to Trump. 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. Furthermore, sales in Australia were also impacted by severe flooding in that country in the 2022, first quarter. Monster's Energy continues to be the leading energy brand in value in Argentina. Nooyi chooses her candidates carefully, but always chooses Democrats. As we look at the quarter, remember, the Ukraine conflict started on February 24. Our next question comes from Bonnie Herzog from Goldman Sachs. According to Nielsen, in the 13-week period ending February 27, 2022, Monster's retail market shares in value as compared to the same period the previous year grew from 15.8% to 17.7% in the Czech Republic, from 37.2% to 38.3% in Greece, and from 27% to 27.6% in Italy. Monster Beverage Corporation (NASDAQ:MNST) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET, Hilton Schlosberg - Vice Chairman and Co-CEO. He was . McMullen was named to Trumps Great American Economic Revival advisory group for retail earlier this year. I think we said at the time that we were building up inventories and that's what we've been doing. While there, Trump praised the good bloodlines of Henry Ford, the anti-Semitic founder of the company and a great-grandfather of the companys Executive Chairman, Bill Ford. Gilbert also owns the NBAs Cleveland Cavaliers. Great. , 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). 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. Corporate money has been flooding into politics since a pair of recent Surpeme Court decisions allowed corporations and wealthy people to make unlimited campaign contributions to groups known as super PACs, which can spend as much money as they want supporting a given candidate or cause. I guess just a short question. Declaring those values and acting on them are two different things, and Glassman hasn't had a political office to demonstrate those principles. Tom Kelly will now read our cautionary statement. The arbitrator also ordered VPX to pay MEC and Orange Bang an ongoing 5% royalty on all future net sales of Bang products. Two, if I could. The market share of the company's energy drink brands was 41.5% down 0.7 points. April 2021, April 2020 and April 2019, all had the same number of selling days. We launched our third Super Fuel flavor in Tropical Thunder. If you look, for example, at the last two weeks, Nielsen in convenience, April 16, we're seeing Nielsen sales in convenience for the energy category growing at 4.8%. And VPX Bang share decreased 1.2 points to 6.6%. We also introduced the Predator brand in India. So thank you for that guys. Operating expenses for the 2022, first quarter was $377.2 million, compared with $300.8 million in the 2021, first quarter. CEO Gregory Hayes was named to Trumps Great American Economic Revival advisory group for defense earlier this year. We'll continue to take pricing actions. Sales of Red Bull were down 0.4%. Rodney Sacks - $5,500 in Political Contributions for 2014, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . Yet the company is standing by two other men also embroiled in misconduct accusations and related lawsuits. John Watson, Chevron (CVX): 6.7C. The Action Center on Race & the Economy (ACRE) is a campaign hub for organizations working at the intersection of racial justice and Wall Street accountability. 1. First, we must demand that all states count and honor every vote. Bank of America (North Carolina)Charlotte-based Bank of America is a major power player in North Carolina politics, donating to both Republicans and Democrats alike. 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. About Rodney Sacks. In Japan, net sales in the 2022, first quarter decreased 5.8% in dollars, but increased 3.4% in local currency. We will be recommencing some buying activities. The decrease in gross profit as a percentage of net sales for the 2022, first quarter was partially offset by pricing actions. SACKS, RODNEY C. LAGUNA BEACH, CA 92651: Monster Beverage Corp/Executive: $5,000: 03/19/2014: P: TIM MURPHY FOR CONGRESS - Republican: Search: Contributors . Rodney Sacks Thank you. That's the kind of hero Jews need Jonathan Sacks to be today. Thanks operator and good afternoon. The left-to-right, 20-point scale ranges from 10L for extremely liberal to 10C for extremely conservative, with 0 representing somebody whos perfectly centrist. What follows is a list of corporations whose political action committees and executives are major donors to Republicans in the swing states mentioned above. That has raised concerns about country-club conservatives, as CEOs are often caricatured, dominating politics. They also spent $26 million nationally in the 2018 election cycle. CEO Lynn Good is also a major donor to North Carolina Republicans. The decrease in gross profit percentage for the 2022, first quarter was primarily the result of the items mentioned previously as well as geographical sales mix. CEO William Demchak is also a major donor to Republicans for federal office. Blankfeins biggest check, $28,500, went to the Democratic Senatorial Campaign Committee in 2007a pre-crisis year that may have represented peak bonhomie between Democrats and Wall Street. We are proceeding with plans to launch our affordable energy brands in an additional number of international countries. Rodney Sacks et al., case number 8:20-cv-01782, in the U.S. District Court for the Central District of California. Hank Meijer came under fire for a campaign finance violation this year while trying to mask a donation to his sons campaign. Thats right, the Wall Street banker who runs a firm vilified as the great vampire squid has liberal leanings. "Widely considered to be the leading international economic adviser of his generation" (in the words of his official bio on the Columbia University website), the notorious Dr. Sachs was contracted by hard-line capitalist regimes from Bolivia to Russia . SoulCycle was the target of boycotts in light of that fundraiser. Kohler was a major donor to Scott Walker, who in turn gave Kohler wetland permits to build a golf course on state park land. If you could quantify that for us, that would be helpful. Ford Motor Company (Michigan)Dearborn-based Ford is one of the largest employers in Michigan and a major power player in the state. Meijer (Michigan)Meijer PAC and CEO Hank Meijer are major donors to Michigan Republicans. And if you just look at aluminum prices, aluminum, the commodity went up 65% in Q1 '22 versus the previous year Q1 2021. But as I said on a previous call, we're running our own brand, irrespective of the competitors. President Clinton appointed Ferguson to the Federal Reserve Board of Governors in 1997, with Ferguson becoming Fed vice chair in 1999. We believe in the power of our brand, and we have strong brands, and we believe that this pricing action is justified. Brian Hard, who runs Penske Truck Leasing, a Pennsylvania-based joint-venture of Penske Automotive, is also a major donor to Republicans in Pennsylvania and elsewhere. According to Nielsen, for the 4 weeks ended April 23, 2022, the company's market shares of the energy drink category in the convenience and gas channel, including energy shots in dollars, increased 0.4 of a point to 37.5%. I'm Rodney Sacks. During the comparative 2021, first quarter, the company decreased expenditures for travel and entertainment as well as our marketing programs largely as a consequence of the COVID-19 pandemic. Sales in Australia and New Zealand were negatively impacted by shipping delays of certain flavors, concentrates and ingredients. We're probably in a good position now, better than we have been in terms of supply. 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. Sales of Monster increased by 5.7% over the same period versus the previous year. Northwestern Mutual (Wisconsin)Northwestern Mutual is a Fortune 500 financial services company based in Milwaukee. In February 2022, we launched our newest brand nationally, True North Pure Energy Seltzer in 4, 12-ounce flavors through the Coca-Cola distribution network. Please go ahead. This entire interview with director Rodney Sacks provides insight into the company's success, marketing strategy, history, and decision-making. Click here to sign our petition telling these #GOPcorps to stop bankrolling the politicians who suppress our votes. Good afternoon, ladies and gentlemen. Roger Ferguson, TIAA-CREF: 8.9L. Hilton Slosberg, our Vice Chairman and Co-Chief Executive Officer, is on the call; as is Tom Kelly, our Chief Financial Officer. So there were unexpected issues that surfaced in the quarter. We are pleased with the new additions to the Monster Energy portfolio. Hi, thank you. P&G board member Nelson Peltz hosted a $10 million fundraiser for Trump in February, which the Washington Post described as the biggest Trump fundraiser since he took office in 2017. In EMEA, net sales in the 2022, first quarter increased 21.8% in dollars and increased 30% in local currencies over the same period in 2021. Reign share decreased 0.1 of a share point to 2.4%. 87.10%. Publix was founded by billionaire George Jenkins. As this litigation and other pending proceedings with VPX are sub judicate, we will not be answering any questions on those matters in today's call. John Sprouls, the CEO of Comcast-owned Universal Orlando Resort, is a member of Florida Governor Rick DeSantiss Re-Open Florida Task Force. This past August, Gilbert personally donated $50,000 to the Rock Holdings Inc State PAC, which gives primarily to Republicans. We continue to believe in the company and our growth strategy and remain committed to continue to innovate, develop and differentiate our brands and to expand the company both at home and abroad, and in particular, to expand distribution of our products through the Coca-Cola bottling system internationally. Net income decreased 6.7% to $294.2 million as compared to $315.2 million in the 2021 comparable quarter. Ideology score: 4.9L. McMullen expressed excitement after Trumps election in 2016 and said they were looking forward to working with the new administration. Warren was also one of the biggest donors to the super PAC supporting former Texas Gov. Consequently, such activities could have a significant impact on the monthly Nielsen statistics for Mexico. Previously held government jobs. We already took pricing up, as we mentioned, through pricing actions, and we will be taking pricing up effective September 1. He is the 418th richest person in United States according to the 2014 Forbes Magazine. We rebuilt and increased finished product inventory levels across the United States and EMEA to reduce excessive cost of long distance freight to satisfy demand and to return to our orbit strategy of producing in closer proximity to our customers. Andrew Cuomo of New York, Attorney General Kamala Harris of California and Andrew Pepper, who lost a 2014 bid to become attorney general in Ohio. 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. As the owner of NBC Universal, Comcast also helped give Trump a launching pad for his political career by broadcasting The Apprentice. Monster sales increased 28.9%. Our bottler in Chile is in the process of validating its new production line in order to increase our in-country production. While Disney gives to both Republicans and Democrats alike, its subsidiaries are major donors to Republican-leaning PACs in Florida in particular. Rodney Sacks, chairman and chief executive officer of Hansen Natural Corp., Corona, Calif., in conjunction with his executive team comprised of Hilton Schlosberg, vice chairman and president of Hansen Natural, and Mark Hall, president of Monster Beverage Co., lead the company once known solely for its namesake natural beverages to international growth as the producer of one of the top-selling . At 73 years old, Rodney Sacks height not available right now. Public asset : 89,496,414 USD. In this regard, we caution again that sales over a short period are often disproportionately impacted by various factors such as, for example, selling days, days of the week in which holidays fall, timing of new product launches, and the timing of price increases, and promotions in retail stores, distributor incentives as well as shifts in the timing of production, in some instances where our bottlers are responsible for production, and unilaterally determine their production schedules, which affects the dates on which we invoice such bottlers, as well as inventory levels maintained by our distribution partners, which they alter unilaterally for their own business reasons. 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. In our 2020, first quarter conference call to shareholders, we estimated that April 2020 sales were 22.2% lower than our April 2019 sales. Sales of 5-Hour decreased 1.2% and VPX Bang's sales decreased 8.1%. A hearing on VPX's motion is scheduled for June 27, 2022. First, major corporations are buying off our elected officials in the most expensive election cycle in the history of the country. Raytheon-owned Pratt & Whitney is also building a large, $650 million plant in Asheville, NC. He has put his money behind President Obama, California senators Dianne Feinstein and Barbara Boxer and many other Dems. Raytheons PACs are major donors both nationally and at the state level in Arizona. Monster sales increased 13.3% and its market share remained at 37.1%. We've seen gas prices moving up, and we've seen sales of energy drinks really staying the course. Political affiliation Sacks, who has donated to Democratic and Republican campaigns in the past, is increasingly becoming a popular figure in conservative media Twitter circles. Publix (Florida)This Florida-based grocery giant with stores all over the Southeast is a major donor to Florida Republicans. 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. 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.