Monster Beverage Corp., Corona, Calif., reported financial results for the three- and six-months that ended June 30.

Net sales for the 2017 second quarter increased 9.6 percent to $907.1 million from $827.5 million in the same period last year. Gross sales for the 2017 second quarter increased 9.8 percent to $1.04 billion from $945.8 million a year ago. Unfavorable currency exchange rates reduced net sales by approximately $8.2 million and gross sales by approximately $11.6 million in the 2017 second quarter. The comparable 2016 second quarter net and gross sales included $5 million of accelerated deferred revenue related to distributor transitions. Excluding accelerated recognition of deferred revenue from the comparable 2016 second quarter, net and gross sales for the 2017 second quarter increased 10.3 percent and 10.4 percent, respectively.