Molson Coors swung to a loss and logged lower sales in the third quarter, as the beer industry contends with a widespread slump.
TAP faces softer beer demand and surging aluminum costs in Q3, though innovation and premiumization may ease the hit.
Molson Coors (TAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Molson Coors will eliminate 400 positions representing 9% of its Americas salaried workforce as part of a transformation strategy to accelerate growth.
Molson Coors will eliminate 400 positions representing 9% of its Americas salaried workforce as part of a transformation strategy to accelerate growth.
Molson Coors and many other US alcohol companies were walloped in June when the Trump administration doubled import duties on aluminum from 25% to 50%.
As the brewer's new chief executive settles into the job, TD Cowen analysts believe the company needs to do more than simply get leaner.
Molson Coors said it will eliminate around 400 salaried positions across its Americas business, representing about 9% of the unit's workforce.
Investors need to pay close attention to Molson Coors stock based on the movements in the options market lately.
Molson Coors Beverage has been named as a Top 25 dividend stock, according the most recent Dividend Channel ''DividendRank'' report. The report noted that among the coverage universe, TAP shares displayed both attractive valuation metrics and strong profitability metrics.
The Denver-based brewer now expects net sales to tumble between 3% and 4% this year, a steeper decline than the company's earlier prediction.
Molson Coors Beverage Company (NYSE:TAP ) Q2 2025 Earnings Conference Call August 5, 2025 8:30 AM ET Company Participants Gavin D. K. Hattersley - President, CEO & Director Tracey I.