Previously held government jobs: 87.10%. Gilbert also owns the NBAs Cleveland Cavaliers. 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. AT&T named long-time Republican operative Ed Gillespie as its Senior Executive Vice President for External and Legislative Affairs earlier this year. Our bottler in Chile is in the process of validating its new production line in order to increase our in-country production. She has contributed modest sums to Gov. Linked companies : Monster Beverage Corporation. But Blankfein was more consistently Democratic before the financial crisis, giving to big names such as Hillary Clinton (then a New York senator), Sen. Charles Schumer of New York and former Sen. Chris Dodd of Connecticut. This concludes our question-and-answer session. 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. We also launched Monster Ultra Gold in Puerto Rico and Monster Mango Loco in Colombia. Java Monster's share including Java Monster 300 and Java Monster Nitro Cold Brew of the coffee plus energy category, which primarily included Java Monster, Java Monster 300, Java Monster Cold Brew, Starbucks Doubleshot and Tripleshot, Rockstar Roasted and Bang Keto Coffee, for the 4 weeks ended April 23, 2022, was 55.3%, up 4.2 points, while Starbucks Energy share was 42.9%, down 3.1 points. This should enable us to improve our service levels and lower transportation costs across North America, EMEA and LatAm. In conclusion, I would like to summarize some recent positive points. Rodney Cyril Sacks was born into a Lithuanian-Jewish family, he grew up in South Africa. 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. SC Johnson (Wisconsin)SC Johnson is the Wisconsin-based cleaning supplies and consumer chemicals manufacturer that owns brands like Drano, Windex, Raid, and Glade. Rodney Cyril Sacks holds the position of Chairman & Co-Chief Executive Officer at Monster Beverage Corp. and Chairman, Chief & Principal Executive Officer at Monster . NOS' sales decreased 12.8% and its market share decreased 0.4 of a point to 1.5%. He has also served as an economic adviser to President Obama. Through pricing actions during the quarter, the company was able to record positive pricing actions in excess of 3% in the United States and in EMEA. Previously held government jobs. Samuel Allen, Deere & Co. (DE): 7.3C Allen has donated to some of the most conservative candidates and groups Crowdpac tracks, including several candidates for statewide office in Iowa, where Allen lives. Quicken Loans (Michigan)Michigan-based Quicken Loans donated $750,000 to Trumps Inauguration. And then as we think about the U.S. going forward, can you discuss your thoughts on potential Monster top line weakness or category weakness, if we do see a consumer spending slowdown? So we have taken pricing actions. Greg Garland, Phillips 66 (PSX): 6.8C.This Houston oil CEO doesnt donate a lot, but hes earned his conservative stripes by contributing to Texas Reps. Pete Olson and Kevin Brady, Sen. Orrin Hatch of Utah and Mitt Romneys 2012 campaign. Thank you. Kroger (Ohio)Krogers PAC and CEO Rodney McMullen have both been major donors to Ohio Republicans. And if you think we've seen any demand impact so far from higher gas prices? The market shares of the company's brands in New Zealand for the 4 weeks ended April 17 2022, remained at 24.7%. As a result, Publix was the target of boycotts by organizers fighting for gun control. But all the money goes to Republicans, including 2012 presidential candidate Mitt Romney, Sen. Please go ahead. We will update Rodney Sacks's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. The sales growth of the Monster brand exceeded that of Red Bull in the period. First, major corporations are buying off our elected officials in the most expensive election cycle in the history of the country. In Japan, net sales in the 2022, first quarter decreased 5.8% in dollars, but increased 3.4% in local currency. Since 2008, Blankfein has donated to both Republicans (Sen. Political affiliation. "We are confident that the recent portrayal of the company in the media is not representative of [our] culture and practices," Monster chairman and CEO Rodney Sacks and vice chair and president Hilton Schlosberg said in a statement. The market share of the company's energy drink brands was 41.5% down 0.7 points. Foreign currency exchange rates had a negative impact on net sales in U.S. dollars by approximately $32.9 million in the 2022, first quarter. Pursuant to the terms of the agreement between MEC and Orange Bang, the award and future royalties will be shared equally between MEC and Orange Bang. NOS' share decreased 0.2 points to 2.6%. And at the end of the day, remember that we have a business that is based on a brand, that is a lifestyle brand, and consumers purchase the Monster product because it's part of what they believe to be, and it's what they want to be. , 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). AT&Ts PACs are major donors to Republicans- both nationally, and in Texas and Georgia. In Chile, we expanded our Reign line by launching Melon Mania Lemon Heads and Orange Dreamsicle. We remain optimistic about the prospects for the Monster brand in China. Thanks. VPX has filed a motion to vacate the arbitration award. Additionally, GAAP requires a first value step-up of the CANarchy inventories of $3.8 million, which together with expenses related to the acquisition of CANarchy of $4.2 million during the quarter, adversely affected both gross margins and operating expenses. Rob Portman of Ohio, Sen. Pat Toomey of Pennsylvania, former President George W. Bush, and back in the day, flat-taxer Steve Forbes, who ran for president in 1996 and 2000. And obviously, price points are a big driver. Reign sales decreased 2%, NOS was down 2.3%, and Full Throttle was up 7.1%. 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. Equinox is owned by New-York based Related companies, the real estate behemoth developing the Hudson Yards project on New Yorks west side. Hilton Slosberg, our Vice Chairman and Co-Chief Executive Officer, is on the call; as is Tom Kelly, our Chief Financial Officer. Party each state voted for in presidential elections by number of wins U.S. 1900-2020. September 1, there will be a market-wide increase. But he has . Lloyd Blankfein, Goldman Sachs ( GS ). Ford Motor Company (Michigan)Dearborn-based Ford is one of the largest employers in Michigan and a major power player in the state. Just to come back to the 6% pricing, which is certainly a step in the right direction, but not nearly enough to cover the inflationary pressures that you've seen over the past couple of years. Rodney Cyril Sacks (born 1949) is a South African billionaire businessman, chairman, and CEO of Monster Beverage since 1990. We did include TIAA-CREF because it reports earnings like a public company, even though it doesn't have traditional shareholders. And in recent quarters, that had been reversed with less -- lower driving through COVID and then you've got higher gas prices. And we said approximately 6% depending on channel. [Operator Instructions] Our first question comes from Dara Mohsenian from Morgan Stanley. Warren was also one of the biggest donors to the super PAC supporting former Texas Gov. So maybe touch on that for us, please? 3. Mother's market shares in value decreased from 11.5% to 10.4% during the same period. And it's certainly justified in terms of all the costs, that we are seeing the cost increases and no doubt, our competitors are seeing the same cost increases. --Additional reporting by Hannah Albarazi, Hailey Konnath and Reenat Sinay . 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. That's right, the Wall Street banker who runs a firm . John Kenneally, a Monster Energy vice president accused of sexually harassing two different women at the company, has resigned after HuffPost published details of his behavior last week. And what we believe is fair and that the consumer will bear, that becomes a very big factor in assessing the price points and then, of course, assessing the extent of the price increase. Have they already started to ease? According to Nielsen, in the 13-week period ending April 2, 2022, Monster's retail market shares in value as compared to the same period of the previous year, grew from 14.7% to 16.2% in Germany. So contributing to candidates who vote against same-sex marriage and abortion rights would earn a more conservative rating, while giving to environmental causes or gay-rights backers would earn a more liberal rating. We'll continue to take pricing actions. The Republican legislatures of these states will decide whether or not to honor the results of a full, fair, and accurate count of all mail-in and in-person ballots. Editor's note: This story has been corrected to indicate that John Deere is based in Illinois, not Iowa. Against all odds, our communities have organized and fought to win our civil and human rights, including the right to vote. He was honored as one of Fortune Magazine's Businesspersons of the year for 2016. In the United States, the company secured additional co-packing capacity to meet increased demand for certain of its products. Did not previously hold government jobs: 12.90%. In our 2020, first quarter conference call to shareholders, we estimated that April 2020 sales were 22.2% lower than our April 2019 sales. Kelcy Warren, Energy Transfer Partners (ETP): 6.9C. The powerful DeVos family is a major Republican donor, both nationally and in Michigan, and active in politics. ABC Supply (Wisconsin)Diane Hendricks, who is the co-founder, chair, and sole owner of this wholesale distributor of residential construction materials, is one of the wealthiest billionaires in Wisconsin. Sacks most recently served as Chief Assistant State Attorney and has served as an Assistant State Attorney in the Fourth Judicial Circuit since 2013. But anything that you're seeing within the business that gives you any concern about underlying demand. The impact of the COVID-19 pandemic was less pronounced on such expenses during the 2022, first quarter. I think we said at the time that we were building up inventories and that's what we've been doing. 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. Greg Abbott, donating nearly $500,000 to his campaigns since 2006. 2. Collectively, these ten states account for 179 electoral votes. Rodney, on the 6% price increase starting in September in the U.S., I'm assuming that's on top of the 3% average that you had in Q1. Crowdpac assigns politicians a numerical score ranging from 10L for extremely liberal to 10C for extremely conservative, with 0 representing somebody whos perfectly centrist. 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. Larry Page, Google (GOOGL): 10L. I would like to turn the conference back over to Rodney Sacks for any closing remarks. 27 out of 31 Goldman Sachs lobbyists in 2021 have previously held government jobs. Did not previously hold government jobs. We also introduced the Predator brand in India. The increase in other operating expenses was primarily due to increased expenditures for travel and entertainment, increased payroll expenses, increased professional services expenses, including accounting and legal expenses, increased commissions and increased sponsorships and endorsements. In Chile, Monster's retail share for the month of March 2022 decreased from 40% to 36.3%, due to a shortage of shipping containers. We hope that you will stay safe and healthy. Rodney Cyril Sacks. In -- the company is continuing to address the controllable challenges in its supply chain in EMEA. It's not something that's necessarily that price-sensitive and that made us kind of feel confident about our decision to take up pricing later this year. Sacks worked as a lawyer in South Africa, and was the youngest person to be made a partner of Werksmans, the country's largest corporate law firm. They bought the . Watson also donates occasionally to Democrats, including $2,600 he gave in 2014 to Sen. Mary Landrieu of Louisiana, an important energy-industry ally who ended up losing her reelection bid. John Watson, Chevron (CVX): 6.7C. Disney (Florida)The California-based Walt Disney Company is a large media conglomerate that owns the major Disney brands, ABC, FX, ESPN, National Geographic, Pixar, Hulu, and other subsidiaries. Coming on the heels of the Parkland school shooting earlier that year, Publix made its largest single political donation ever to Adam Putnam's failed campaign for the Republican nomination for . His support of Democrats isnt surprising. Equinox Group (Florida)The Equinox Group owns Equinox Hotels, various Equinox clubs, SoulCycle, PURE Yoga, Blink, and other lifestyle fitness brands. Maybe just comment on the magnitude of it, how you arrived at that, why you believe that's the appropriate number? During the 2022, first quarter, we also launched Predator and Reign in additional countries. 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. The company's head of music marketing, Brent . The only thing I would maybe add just from one aspect. While he was CEO of Ford, Mark Field served on Trumps American Manufacturing Council. 4. However, the general stability for the full-year average obscures a dramatic shift over the . And then, Rodney, can you help us understand maybe where things stand now as it relates to some of these pressures. Sales decreased over the same period in 2021, largely due to COVID-19 restrictions in Japan. Can you just review for us what level of growth you're seeing in those untracked channels? The company continues to address challenges in its supply chain by sourcing cans and primary ingredients and blends, increasing its manufacturing capacity and increasing finished product inventories. Our AFF flavor facility in Ireland is now providing a large number of flavors to our EMEA region, enabling better service levels and lower landed costs to our EMEA region. We are planning to continue additional launches of our Reign, Total Body Fuel high-performance energy drinks in additional international countries. Gross profit in the first quarter was impacted by higher aluminum commodity pricing, increased freight for imported cans, increased raw material and ingredient costs, as well as airfreight costs. Political affiliation means the state of belonging to or endorsing any political party. Or at least they have a range of political views similar to those of ordinary folks. Sales of the company's energy drink brands increased 11.6% versus a year ago. Net sales in Argentina increased 103.1% in dollars and 146.4% in local currency in the 2022, first quarter. Thank you for attending today's presentation. His brother was art collector Leslie Sacks. Lowes (North Carolina)North Carolina-based Lowes is a major donor to Republicans, both nationally and in the state. Net Worth: $2.1 billion as of April 26, 2020. Roger Ferguson, TIAA-CREF: 8.9L. Peter . Ferguson isnt a huge donor, but in 2008 he gave $2,300 to presidential candidate Barack Obama and $2,700 to the Democratic National Committee. Management cautions that these statements are based on our current knowledge and expectations, and are subject to certain risks and uncertainties, many of which are outside the control of the company that may cause actual results to differ materially from the forward-looking statements made during this call. It's really difficult for us to get that information to this investor group. Distribution expenses for the 2022, first quarter increased to $81.4 million, which is an increase of 49.7% or 5.4% of net sales compared to $54.4 million or 4.4% of net sales in the 2021, first quarter. Public asset : 89,496,414 USD. Thank you for attending this call. The company continued to experience additional global supply chain challenges, including the lack of adequate shipping containers and port congestion, which resulted in shortages of certain ingredients and finished products. Bank of Americas PAC is a major Republican donor at the federal level. Among the 2016 presidential candidates, for instance, Bernie Sanders ranks as most liberal with a score of 7.6L, while Rand Paul is most conservative with a score of 10C. I would now like to turn the conference over to Rodney Sacks and Hilton Schlosberg. Good afternoon, ladies and gentlemen. He is no longer "the quick-witted victor but the hero of moral courage who stands tall in the eyes of humanity and God.". The market shares of the company's brands in Australia for the month ended April 10, 2022 decreased from 24.5% to 24%. Publix was founded by billionaire George Jenkins. Raytheons PACs are major donors both nationally and at the state level in Arizona. CEO Lynn Good is also a major donor to North Carolina Republicans. Thats right, the Wall Street banker who runs a firm vilified as the great vampire squid has liberal leanings. Schlifske is a powerful political figure in Milwaukee and an officer of the Metropolitan Milwaukee Association of Commerce. Age : 72. Please go ahead. Early life. I would like to point out that the Nielsen numbers in EMEA should only be used as a guide, because the channels read by Nielsen in EMEA vary from country to country, and are reported on varying dates within the month referred to from country to country. And as a result, we are able to decrease our reliance on the use of imported aluminum cans in the United States. Honeywells PAC is a major donor to both Republicans and Democrats. Rodney's full name is Rodney Cyril Sacks, born in 1950 into a Lithuanian-Jewish family in South Africa. ACRE staff tackle a topic of interest in a simple, easy to read format. Crowdpac is able to rank donors in a similar way, based on the scores of candidates and groups they donate to. Rick Perrys 2012 presidential bid, kicking in $250,000. Monster Beverage Corporation (NASDAQ:MNST) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET, Hilton Schlosberg - Vice Chairman and Co-CEO. Rob Portman, Sen. Richard Shelby, former House Majority Leader Eric Cantor) and Democrats (Sen. Gary Peters, Rep. Greg Meeks). In Oceana, which includes Australia, New Zealand, Tahiti, French Polynesia, New Caledonia, Papua New Guinea and Guam, net sales decreased 13.8% in dollars and 7.9% in local currencies. Sales of Starbucks Energy were 11.7% lower. In China, net sales decreased 8.9% in dollars and 10.8% in local currency as compared to the same quarter in 2021, largely impacted by COVID-related lockdowns. Jennifer Anderson, a Wells Fargo executive, was named one of the most influential women in Arizona business in 2015 and a top business leader of 2020 by AZ Big Media, and is the Treasurer of the Arizona Bankers Association and a former executive board member of the Greater Phoenix Economic Council. So we had a dramatic increase in fuel prices, which we really didn't forecast. According to IRI in New Zealand, Monster's market shares in value for the 4 weeks ended April 17, 2022, increased from 12.7% to 12.9%, as compared to the same period the previous year. And is that across -- great, and is that across all products and channels or balanced with RGM? 3. And Full Throttle share remained at 0.7 of a percent. Rodney Sacks Thank you. Sales of the company's energy brands, which include Reign increased 4.8% in the 4-week period in the convenience and gas channel. In addition, increased commodity and raw materials costs, including aluminum, other ingredient costs and secondary packaging incurred during the quarter, amounted to approximately $45 million, and increases in freight rates and fuel impacted gross profits by approximately $6 million. He has put his money behind President Obama, California senators Dianne Feinstein and Barbara Boxer and many other Dems. Roy G. Saltman, who as the federal government's top expert on voting technology wrote a prescient but little-read report warning about hanging chads on punch-card ballots more than a decade . And -- so I think that April, as we've always said, one month in isolation should not be construed as indicative of performance for a quarter or a longer period of time. APRIL 29 ROSCHON TO BEARS The Cowboys want to take a running back somewhere in this Day 3 of the NFL Draft, but that guy won't be a favored Longhorn. 4. Procter & Gamble (Ohio)Cincinnati-based Procter & Gamble is a consumer goods corporation that specialties in personal health, personal care, and hygiene products and owns brands like Always, Bounty, Charmin, Crest, Dawn, Downy, Febreze, Gain, Gillete, Head & Shoulders, Olay, Oral-B, Pampers, Pantene, Tide, and Vicks, among many others. As we fight for our collective freedom and liberation, elections are an important step in the broader process of making change. Two, if I could.
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