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Shares of Molson Coors Beverage Co. were slumping in early Thursday trading after the brewer reported the biggest quarterly earnings miss in four years, as worries about tariffs and a slowing ...
Outgoing CEO Gavin Hattersley says global uncertainty has pressurised beer industry Molson Coors sees minimal direct tariff impact due to domestic production The company to cut down on non ...
Credit: KK Stock / Shutterstock.com The steeper-than-expected decline in US beer sales will abate in the months ahead, Molson Coors Beverage Co.’s CEO has suggested. Yesterday (8 May), the Coors Light ...
Molson Coors Beverage Co. lowered its full-year guidance as the challenging consumer environment in the US drives shoppers away from the company’s products. The Coors Light and Miller Lite ...
The steeper-than-expected decline in US beer sales will abate in the months ahead, Molson Coors Beverage Co.'s CEO has suggested. Yesterday (8 May), the Coors Light brewer cut its sales and profit ...
beer demand has been slipping for some time. More drinkers are reaching for spirits, canned cocktails, or skipping alcohol altogether, which is a trend Molson Coors has been trying to counter with ...
Earlier, Molson Coors rival and Budweiser brewer Anheuser-Busch InBev reported better-than-anticipated earnings. Investors' expectations for beer brewers' first-quarter sales were low because the ...
Molson Coors’ sales fell 11% on 14% lower volumes in the first quarter and adjusted EPS dropped 47%. The firm cut 2025 guidance, now calling for a low-single-digit sales drop (versus growth at a ...
(Reuters) -Molson Coors cut its annual forecasts for sales and profit on Thursday, in anticipation of a hit to demand for its Coors and Miller beer brands as consumers cut back discretionary spending ...
Gavin Hattersley didn’t need to retire from his job at Molson Coors Beverage Company but after nearly 30 years in the beer industry, six years as CEO of Molson, he says the company is in good shape.
Molson Coors Beverage Company's Q1 performance ... Due to rising health concerns, younger people also drink less alcohol. As a result, beer sales are expected to show an industry-wide slowdown ...
Molson Coors’ TAP0.68%increase ... brewer of Miller and Coors beers logged earnings of $121 million, or 59 cents a share, down from $207.8 million, or 97 cents a share a year earlier.
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