TAP posts dismal results in first-quarter 2025. Financial volumes fell 14.3% year over year, mainly led by lower shipments.
Molson Coors Beverage Company (TAP) shares sank Thursday after the beermaker slashed its outlook and planned to reduce spending on concerns economic conditions will lead consumers to spend less.
The headline numbers for Molson Coors (TAP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Beverages - Brewers Industry | Consumer Defensive Sector | Mr. Gavin D. K. Hattersley CEO | NYSE Exchange | US60871R2094 ISIN |
US Country | 16,500 Employees | - Last Dividend | 4 Oct 2007 Last Split | 7 Sep 1984 IPO Date |
Molson Coors Beverage Company, previously known as Molson Coors Brewing Company, is an iconic figure in the beverage industry, with a heritage dating back to 1774. Based in Golden, Colorado, it has expanded its presence across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company has undergone significant evolution, highlighted by its name change in January 2020 to reflect its broader beverage portfolio beyond traditional beer. Today, it stands as a global powerhouse in manufacturing, marketing, and selling beer and other malt beverage products.
Molson Coors Beverage Company offers an extensive range of products under various categorizations, from flavored malt beverages including hard seltzers to craft, spirits, and ready-to-drink beverages. Key brands and offerings include: