date:Aug 10, 2012
roduct approval and labeling issues; this issue, along with product damages in Japan cut gross profit margins from 52.8% in Q2 2011 to 51.8% this year.
Sacks declined to tell analyst Mark Astrachanfrom Stifel, Nicolaus Co. (on a later call) how much these issues cost Monster, but said the Japanese issues related to can defects potentially reclaimable from suppliers including tab issues, and leakages during shipping.
What weve experienced is that the tolerance of Japanese distributors and re