Goldman Sachs Profile: Summary OpenSecrets Sales of Reign were down 6.1%. 87.10%. 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. Reign share decreased 0.1 of a share point to 2.4%. SC Johnson (Wisconsin)SC Johnson is the Wisconsin-based cleaning supplies and consumer chemicals manufacturer that owns brands like Drano, Windex, Raid, and Glade. 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. Lloyd Blankfein, Goldman Sachs (GS). 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. Among the winning candidates Allen has contributed to: Sen. Joni Ernst and Rep. Linda Miller, both from Iowa. He was . 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. 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. During the 2022, first quarter, the company continued to procure additional quantities of aluminum cans from suppliers in the United States and abroad in response to increased consumer demand. The threat of state legislatures overriding the will of voters is especially high in states like Pennsylvania, Wisconsin, and Michigan, where rules against processing mail-in ballots before Election Day make it highly likely that the final results will not be known for days after the election and the tally will shift drastically from Trump to Biden as mail-in ballots are counted. So the market will continue to grow. (A full explanation of the methodology follows at the end of this story.) McMullen also joined Trump during his COVID-19 response press conference with industry executives in April this year and participated in an event with Mike Pence in May, in the throes of 2020 campaign. Rodney Stark, the influential and controversial sociologist who argued for rational choice in religion, died last month at age 88. Menards (Wisconsin)Billionaire John Menard, who is the founder and owner of this home improvement store chain with stores throughout the Midwest, is Wisconsins richest resident. Indra Nooyi, PepsiCo (PEP): 5.5L. Josh DAmaro, President of the Walt Disney World Resort in Orlando is a member of Florida Governor Rick DeSantiss Re-Open Florida Task Force. CEO Gregory Hayes was named to Trumps Great American Economic Revival advisory group for defense earlier this year. The work-in-progress was a fake memoir centered around a bitter comic whose quest for acceptance takes him to unexpected ideological places. In the contentious 2020 election season, the other side is employing two key strategies to stop BIPOC communities voices from being heard. Since 2010, Watson has given $120,000 to the National Republican Senatorial Committee, hitting the the annual maximum donation for that type of committee each year. Publix was founded by billionaire George Jenkins. April 2021, April 2020 and April 2019, all had the same number of selling days. His biggest contribution on record was a $1 million donation in 2006 to help support Proposition 87, a ballot measure that would have taxed oil producers in the state in order to raise funds for research into alternative energy. Crowdpac is able to rank donors in a similar way, based on the scores of candidates and groups they donate to. Great. Bank of Americas Chief Technology Officer, Catherine Bessant, is a member of Trumps Presidents Council of Advisors on Science and Technology. If you have an ad-blocker enabled you may be blocked from proceeding. In EMEA, in the first quarter of 2022, we launched Monster Mule, Monster Nitro and Monster Assault in a number of countries. The next question comes from Kevin Grundy from Jefferies. The state legislatures must select their electors based on a full, fair, and accurate count of all mail-in and in-person ballots. NOS' share decreased 0.2 points to 2.6%. Kelcy Warren, Energy Transfer Partners (ETP): 6.9C. The cost of repositioning finished products to distribution centers are included in freight-in costs. 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. We haven't heard anything from retailers. This should enable us to improve our service levels and lower transportation costs across North America, EMEA and LatAm. Maybe just comment on the magnitude of it, how you arrived at that, why you believe that's the appropriate number? We remain optimistic about the prospects for the Monster brand in China. 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. So there were unexpected issues that surfaced in the quarter. Wells Fargo and its PAC are major donors to Republicans at the state and federal levels across the country, including in both North Carolina and Arizona. A hearing on VPX's motion is scheduled for June 27, 2022. 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 . So that price increase is in addition to the pricing actions that we took in the first quarter that we started taking in the last quarter of 2021, and will continue through this year. AT&T (Texas & Georgia)Dallas-based AT&T also has regional headquarters in Atlanta. Wells Fargos head of consumer banking, Mary Mack, was named to Business North Carolinas Power 100 in 2020. The Nielsen statistics for Mexico cover single months, which is a short period that may often be materially influenced positively and/or negatively by sales in the OXXO convenience chain, which dominates the market. That has raised concerns about country-club conservatives, as CEOs are often caricatured, dominating politics. Please refer to our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K filed on February 28, 2022, including the sections contained therein, risk factors and forward-looking Statements for a discussion on specific risks and uncertainties that may affect our performance. The most liberal and conservative CEOs - Yahoo Finance Rodney Sacks is chairman and CEO of energy drink maker Monster Beverage Corporation. What does Caddyshack, the 39-year-old Bill Murray movie about hijinks at a country club, have to do with politics in 2019?. If the COVID-19 pandemic and related unfavorable economic conditions continue in certain regions, our new product innovation launches in those regions could be delayed. During the 2022, first quarter, we also launched Predator and Reign in additional countries. And Nielsen is not a true indication even for sales through the distributor system, because the lags in the distribution system as well. If you could quantify that for us, that would be helpful. The arbitrator found that VPX's Bang energy drinks, which VPX advertisers containing super creatine and other branded products do not contain creatine, and do not provide the benefits of creatine. Equinox is owned by New-York based Related companies, the real estate behemoth developing the Hudson Yards project on New Yorks west side. He has donated lesser amounts to House Majority Leader Kevin McCarthy, Texas Sen. John Cornyn, Senate Majority Leader Mitch McConnell and, in 2012, Mitt Romneys campaign. Our bottler in Chile is in the process of validating its new production line in order to increase our in-country production. Please go ahead. Second, we must demand accountability from the corporations bankrolling the politicians that are willing to subvert the will of voters (click here to sign our petition). 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. The next question comes from Mark Astrachan from Stifel. Please consider making a donation to the Action Center on Race and the Economy. It is also a major donor to Florida Republicans and Michigan Republicans, including PACs connected to both Michigan House Speaker Lee Chatfield and Michigan Senate Majority Leader Mike Shirkey. Rodney Sacks, Chairman and CEO, Monster Beverage Corporation According to Nielsen, in the 13-week period until the end of February 2022, Predator's retail market shares in value as compared to the same period the previous year grew from 14.5% to 23.3% in Kenya, and from 3.3% to 14.7% in Nigeria. First, we must demand that all states count and honor every vote. Duke also praised Trumps decision last year to decline to set uranium production quotas. Ross is old friends with Trump and arranged a major fundraiser for him in the Hamptons in 2019. Bank of Americas PAC is a major Republican donor at the federal level. Founder and Chairman Dan Gilbert watched the returns of the 2018 midterm elections in the White House with Trump himself, who referred to Gilbert as a great friend. Gilbert, who is a major political power broker in Michigan, leveraged his friendship with Trump to get a special designation from the administration for his real estate holdings in Downtown Detroit, which allowed the billionaire to get a massive tax break. Equinox Group (Florida)The Equinox Group owns Equinox Hotels, various Equinox clubs, SoulCycle, PURE Yoga, Blink, and other lifestyle fitness brands. And we also had a dramatic increase in aluminum prices. Raytheons PACs are major donors both nationally and at the state level in Arizona. Rodney lived with his two siblings. Yet the company is standing by two other men also embroiled in misconduct accusations and related lawsuits. [Operator Instructions] Our first question comes from Dara Mohsenian from Morgan Stanley. Let me just deal with the first part of your question, Bonnie, and then we can obviously get Rodney's input on the rest. In Brazil, net sales in the 2022, first quarter increased by 72.1% in dollars and 67.4% in local currency. You mentioned a few things, but just trying to confirm that you've already seen improvement or is it really going to take until the second half until we see improvements on your gross margins? Can you just review for us what level of growth you're seeing in those untracked channels? Apple CEO Tim Cook, for instance, is a vocal supporter of gay rights, which suggests hes probably a political liberal. 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. Rodney Cyril Sacks is an American businessman and the CEO of Monster Beverage. I would like to turn the conference back over to Rodney Sacks for any closing remarks. We've seen gas prices moving up, and we've seen sales of energy drinks really staying the course. Second, we have right-wing politicians enacting a series of tactics meant to suppress the votes of BIPOC communities. 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. Sacks fills the vacancy created by the elevation and resignation of Judge . Thats right, the Wall Street banker who runs a firm vilified as the great vampire squid has liberal leanings. CEO Bob Iger was a member of Trumps Strategic Policy Council. Red Bull's share decreased 1.5 points to 35.3%. He has been running Monster . Diluted earnings per share for the 2022, first quarter decreased 6.8% to $0.55 from $0.59 in the first quarter of 2021. So Cook didnt make our rankings. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Uline (Wisconsin & Arizona)Liz and Dick Uihlein, the founders of Wisconsin-based Uline, are the top Republican donors nationally in the 2020 election cycle, with more than $58 million in contributions. We will be recommencing some buying activities. Trapped Inside The Monster Energy Frat House | HuffPost Impact The market share of the company's energy drink brands was 41.5% down 0.7 points. REVOLVING DOOR. During the first quarter of 2020, we launched Monster Pipeline Punch in Singapore. Monster's retail market shares in value as compared to the same period the previous year declined from 15.2% to 14.9% in Belgium, from 8.1% to 7.9% in the Netherlands, and from 28% to 27.9% in the Republic of Ireland. While we believe that we will be able to address many of the supply chain challenges we have faced, we anticipate still having to face certain ongoing challenges in the future. So I mean, at the moment, if you look at the latest four weeks or one week numbers, the convenience channel is growing less than if you look at the all major channels. But as I said on a previous call, we're running our own brand, irrespective of the competitors. But he doesnt lean as far left as he used to. , 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). Jeffrey Sachs' Pro-China Views Shaped COVID-19 Debate - National Review AT&T named long-time Republican operative Ed Gillespie as its Senior Executive Vice President for External and Legislative Affairs earlier this year. Monster's retail market shares in value as compared to the same period the previous year declined from 20.7% to 20.3% in South Africa. CEO David Taylor was named to Trumps Great American Economic Revival advisory group for healthcare earlier this year and joined Trump in a coronavirus press briefing at the White House this past March. 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. While Disney gives to both Republicans and Democrats alike, its subsidiaries are major donors to Republican-leaning PACs in Florida in particular. Monster Beverage Corporation (NASDAQ:MNST) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET, Hilton Schlosberg - Vice Chairman and Co-CEO. Reign sales decreased 2%, NOS was down 2.3%, and Full Throttle was up 7.1%. As we look at the quarter, remember, the Ukraine conflict started on February 24. He enrolled at University of the Witwatersrand in Johannesburg and graduated with a degree in law and later post graduated higher diploma in tax law. I guess just a short question. In South Korea, net sales increased 71.7% in dollars and 86.1% in local currency as compared to the same quarter in 2021. About Rodney Sacks. But anything that you're seeing within the business that gives you any concern about underlying demand. Rodney Sacks et al., case number 8:20-cv-01782, in the U.S. District Court for the Central District of California. And Full Throttle share remained at 0.7 of a percent. Thanks. Since 2008, Blankfein has donated to both Republicans (Sen. Warren was also one of the biggest donors to the super PAC supporting former Texas Gov. What follows is a list of corporations whose political action committees and executives are major donors to Republicans in the swing states mentioned above. Kohler was a major donor to Scott Walker, who in turn gave Kohler wetland permits to build a golf course on state park land. Hendricks is a major donor to Wisconsin Republicans, the Republican National Committee, and Trump. Raytheon-owned Pratt & Whitney is also building a large, $650 million plant in Asheville, NC. According to IRI in Australia, Monster's market shares in value for the month ending April 10, 2022, increased from 13% to 13.6%, as compared to the same period the previous year. Comcast also owns the NHLs Philadelphia Flyers. We will update Rodney Sacks's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Mike Madsden, the President & CEO of Honeywell Aerospace, sits on the board of the Greater Phoenix Economic Council, a powerful business lobbying group in Arizona. In our 2020, first quarter conference call to shareholders, we estimated that April 2020 sales were 22.2% lower than our April 2019 sales. Please disable your ad-blocker and refresh. The impact of the COVID-19 pandemic was less pronounced on such expenses during the 2022, first quarter. Follow him on Twitter: @rickjnewman. Under the arbitrator's order, if VPX fails to pay the royalty, VPX is prohibited from using the Bang mark, subject to certain limited exceptions. Derek Borer, the group's company secretary and an alternative non-executive director to Sacks, also resigned from the board with immediate effect. Net sales to customers outside the U.S. were $553.4 million, 36.4% of total net sales in the 2022, first quarter compared to $459.4 million or 36.9% of total net sales in the corresponding quarter in 2021. 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. They bought the . Meijer (Michigan)Meijer PAC and CEO Hank Meijer are major donors to Michigan Republicans. At 73 years old, Rodney Sacks height not available right now. Share. Updated by the minute, our Dallas Cowboys NFL Tracker: News and views and moves inside The Star and around the league . Kohler (Wisconsin)Herbert Kohler, the executive chairman of this plumbing fixture manufacturing company, is one of Wisconsins wealthiest billionaires and a major donor to Wisconsin Republicans. (Deere is based right across the Mississippi River in Moline, Ill.) He has also given to the Iowa Republican party and to Romneys campaign in 2012. That's the kind of hero Jews need Jonathan Sacks to be today. Birth Place: Africa. Sales of the company's energy drink brands increased 11.6% versus a year ago. Governor Ron DeSantis Makes Three Judicial Appointments Northwestern Mutual (Wisconsin)Northwestern Mutual is a Fortune 500 financial services company based in Milwaukee. President Clinton appointed Ferguson to the Federal Reserve Board of Governors in 1997, with Ferguson becoming Fed vice chair in 1999. He is no longer "the quick-witted victor but the hero of moral courage who stands tall in the eyes of humanity and God.". Our two new suppliers of aluminum cans in the United States are now operational. We are planning to introduce the Predator brand in several additional countries in APAC in the course of 2022. Greg Abbott, donating nearly $500,000 to his campaigns since 2006. MEC and Orange Bang have filed a motion to confirm the arbitrator's award. Sales of NOS decreased 3.5% and sales of Full Throttle increased 5.5%. But many CEOs defy this conservative stereotype, giving to liberal candidates and causes or donating across the political spectrum for pragmatic business reasons rather than personal ideological ones. Monster Energy Vice President Accused Of Sexual Harassment - HuffPost 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. The Wealthy Corporations Bankrolling the Politicians Who Could - Medium Although the Uihleins live in the Chicago suburbs, they have been particularly influential in Wisconsin, where their company is based, and in state legislative races in swing states like Arizona. Furthermore, the company experienced significant increases in distribution expenses, including increased fuel, freight and warehousing costs, which adversely impacted operating expenses. PNC Financial (Pennsylvania)Pittsburgh-based PNC is one of the largest banks in the US, with branches all over the eastern half of the country. Honeywell hosted Trump to tour the facilities at its Phoenix campus earlier this year, which has been repurposed to make N95 masks in light of the COVID-19 pandemic. As a result, Publix was the target of boycotts by organizers fighting for gun control. It's worth noting that two other Wall Street CEOs -- James Gorman of Morgan Stanley (MS) and Jamie Dimon of J.P. Morgan Chase (JPM) --ranked 6 and 7 among the most liberal CEOs, just behind Blankfein. The $27 million increase in distribution expenses was primarily due to increased freight out costs of $20.6 million as a result of higher outbound freight rates and fuel, increased volume and out-of-orbit freight, as well as higher warehouse expenses of $6.4 million as a result of higher raw material and finished good product inventories in the United States and EMEA. The company had sufficient can capacity and co-manufacturing filling capacity across all regions to address demand for April. I think we said at the time that we were building up inventories and that's what we've been doing. Nooyi chooses her candidates carefully, but always chooses Democrats. 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. Thank you. And then, Rodney, can you help us understand maybe where things stand now as it relates to some of these pressures. Sales of the company's energy brands, including Reign, were up 8.6% in the 13-week period. Trump added Hendricks to his economic advisory council in 2016 after Hillary Clinton criticized him for not having any women on it. We reiterate that sales over a short period such as a single month should not necessarily be imputed to or regarded as indicative of results for a full quarter or any future period. 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. CEO John Schlifske is a major donor to Wiconsin Republicans and Northwestern Mutuals PAC is a major donor to Republicans nationally. We also introduced the Predator brand in India. This necessitated the company air freighting substantial quantities of certain ingredients internationally, particularly to EMEA, Asia Pacific and Latin America at additional costs and inefficiencies. The CEO of this Dallas pipeline company is a huge supporter of Republican Texas Gov. Conference has now concluded. CEO Brian Moynihan has been in multiple meetings and calls with Trump and Treasury Secretary Steve Mnuchin. From Lawyer to Monster: The Life of Rodney Sacks - PeoPlaid Good afternoon, ladies and gentlemen. Monster's Energy continues to be the leading energy brand in value in Argentina. Against all odds, our communities have organized and fought to win our civil and human rights, including the right to vote. Sales of Predator increased 67% and its market share increased 0.9 of a share point to 3.7%. Honeywells PAC is a major donor to both Republicans and Democrats. Thank you. Did not previously hold government jobs. Furthermore, sales in Australia were also impacted by severe flooding in that country in the 2022, first quarter. The company estimates that approximately $46 million of costs in the quarter were the result of operating inefficiencies due in part to strong consumer demand, including the importation of aluminum cans, as well as COVID-19-related issues such as port congestion, shortage of shipping containers resulting in the need to airfreight ingredients, which the company continues to address. Have they already started to ease? P&Gs PAC is a major donor to Republicans nationally and in Ohio. Sales of Red Bull increased 7.8%. How Rodney Dangerfield and "Caddyshack" gave us Donald Trump Rodney Sacks wiki, affair, married, Gay John Watson, Chevron (CVX): 6.7C. Dick is also on Amways board of directors and previously served as the companys president. Ford executive Joe Hinrichs was in attendance at Trumps signing ceremony for the United States-Mexico-Canada Agreement earlier this year. All participants will be in listen-only mode. Thanks. Eddie Lampert, Sears (SHLD). But I think that's something that we've managed to achieve the results. At ACRE, we have focused on a set of swing states with Repubican-controlled legislatures, specifically Arizona, Florida, Georgia, Iowa, Michigan, North Carolina, Ohio, Pennsylvania, Texas and Wisconsin. The powerful DeVos family is a major Republican donor, both nationally and in Michigan, and active in politics. He received his bachelor's degree from the University of Richmond and his law degree from Florida State University. Ideology score: 4.9L. It's really difficult for us to get that information to this investor group. Corporations have been allowed to further corrupt the electoral process in the US by pouring millions into buying off politicians who put their interests ahead of the communities they are supposed to represent. CEOs are people, too. We're also pleased that in the 2022, first quarter, Monster gained market share in the Czech Republic Denmark, France, Germany, Great Britain, Greece, Italy, Norway, Poland, Spain and Sweden.
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