Molson Coors' Q3 Mixed Bag: Earnings Win, Sales Drop, And Bold Bet On Non-Alcoholic With Dwayne 'The Rock' Johnson's ZOA [Yahoo! Finance]
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
ir.molsoncoors.com/overview/default.aspx
Company Research
Source: Yahoo! Finance
Quarterly sales of $3.04 billion missed the analyst consensus of $3.13 billion. Net sales decreased 7.8%, driven by lower financial volumes, partially offset by favorable price and sales mix. Financial volumes dropped 12.3%, mainly due to lower shipments, including reduced contract brewing volumes in the Americas. Brand volumes fell 4.4%, with a 5.4% decline in the Americas and a 1.8% decrease in EMEA & APAC. Also Read: Elon Musk's Net Worth Soars By $26.5 Billion In Single Day After Tesla Stock Surges Post-Trump Victory Net sales benefited from a 4.5% positive price and sales mix impact, driven by higher net pricing and a favorable sales mix, including the impact of reduced contract brewing volumes in the U.S. Total debt as of September 30 was $6.2 billion, and cash and equivalents totaled $1.02 billion, resulting in a net debt of $5.219 billion. In a separate release, Molson Coors said it is acquiring a majority stake in ZOA, the energy brand co-founded by Dwayne Johnson,
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News
- Molson Coors Beverage Company Announces Regular Quarterly DividendBusiness Wire
- SNDL Appoints New Chief Information Officer and New President, Liquor Division [Yahoo! Finance]Yahoo! Finance
- Americans Are Souring On Corporate DEI Efforts, Pew Research Shows [Forbes]Forbes
- Here's Why Molson Coors Brewing (TAP) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Zacks Industry Outlook Highlights Anheuser-Busch, Constellation, Molson Coors, Boston Beer and Duckhorn [Yahoo! Finance]Yahoo! Finance
TAP
Earnings
- 11/7/24 - Beat
TAP
Sec Filings
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 10/18/24 - Form 8-K
- TAP's page on the SEC website