Monster Beverage edges past profit expectations on higher pricing, cooling costs

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N.S. flood victim surprised by apartment makeover | SaltWire - Monster Beverage Corp beat estimates for third-quarter profit on Thursday, helped by higher pricing for its energy drinks and hard seltzers, sending the company's shares up about 3% in extended trade.

The company has also seen costs of freight and aluminum cans come down from the pandemic highs, helping boost margins that had remained under pressure for a long time.

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