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-0.000237887558480588 7.92958528269377E-05 -0.000872254381095864 -0.00103084608674963 -0.00150662120371103 -0.000872254381095864 -0.00515423043374825 -0.00515423043374825
Stock impact report

Q3 Earnings Highs And Lows: Molson Coors (NYSE:TAP) Vs The Rest Of The Beverages, Alcohol and Tobacco Stocks [Yahoo! Finance]

Molson Coors Beverage Company Class B (TAP) 
Last molson coors beverage company class b earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.molsoncoors.com/overview/default.aspx
Company Research Source: Yahoo! Finance
These companies' performance is influenced by brand strength, marketing strategies, and shifts in consumer preferences. Changing consumption patterns are particularly relevant and can be seen in the rise of cannabis, craft beer, and vaping or the steady decline of soda and cigarettes. Companies that spend on innovation to meet consumers where they are with regards to trends can reap huge demand benefits while those who ignore trends can see stagnant volumes. Finally, with the advent of the social media, the cost of starting a brand from scratch is much lower, meaning that new entrants can chip away at the market shares of established players. The 14 beverages, alcohol and tobacco stocks we track reported a slower Q3. As a group, revenues missed analysts' consensus estimates by 2.1% while next quarter's revenue guidance was 2.7% below. In light of this news, share prices of the companies have held steady as they are up 3.1% on average since the latest earnings results. Sporting Show less Read more
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