Key Takeaways On a day when tech shares were leading markets lower, investors decided it was time for a beer. The S&P 500's consumer staples sector was recently the best-performing sector in the index, up nearly 1%. Most of its component stocks rose, though a few retailers were sliding in recent trading. On a day when tech shares were leading markets lower, investors decided it was time for a beer. The S&P 500's consumer staples sector was recently up about 1.1%, rising as tech stocks were pulling the bench ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alo ...

Jack Andersen/DigitalVision via Getty Images Molson Coors Beverage Company (NYSE:TAP) continues to report beneficial quarterly figures from its ongoing strategy of premiumization of the portfolio, mainly in the EMEA and APAC regions. Even if the volume declines, in my view, TAP could deliver net sales growth driven by successful favorable price and sales mix. I also expect that inorganic growth could bring additional net income growth. In my view, the company's net debt/EBITDA and expertise in acquiring tar ...

Molson Coors Beverage Company (TAP) seems well-poised for growth, thanks to its sturdy business strategies. The company has been gaining from brand strength and robust performances across its portfolio and geographical segments. Smooth progress on its Acceleration Plan also bodes well. The company is on track with its revitalization plan, which focuses on achieving sustainable top-line growth by streamlining the organization and reinvesting resources into its brands and capabilities. It intends to invest in ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The ...

Key Takeaways Brewing giant Molson Coors topped quarterly revenue and earnings expectations, boosted by an increase in net pricing and favorable sales mix. The company said the results demonstrated progress on its strategic initiatives, including its "Acceleration Plan." Molson Coors shares added more than 5% Tuesday following the earnings release, though they remained in negative territory for 2024. Shares of Molson Coors Beverage Company (TAP) jumped over 5% Tuesday after the brewing giant reported better ...

BAVE THEIR KIDS EVER WE GAVE THEM AN ENDORSEMEN MOI139333 EL ALMA QE MADRID Q2 FY 2024 RESULTS & OUTLOOK � MOLSON O COORS FORWARD LOOKING STATEMENTS & OTHER INFORMATION This presentation includes "forward-looking statements" within the meaning of the U.S. federal securities laws. Generally, the words "expects," "intend," "goals," "plans," "believes," "continues," "may," "anticipate," "seek," "estimate," "outlook," "trends," "future benefits," "potential," "projects," "strategies," "implies," and variations ...

Molson Coors Beverage Company (NYSE:TAP) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Traci Mangini - Vice President, Investor Relations Gavin Hattersley - President and CEO Tracey Joubert - CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Drew Levine - JPMorgan Bill Kirk - ROTH Capital Partners Rob Ottenstein - Evercore Chris Carey - Wells Fargo Victor Ma - TD Cowen Bryan Spillane - Bank of America Michael Lavery - Piper Sandler Lauren Lieberman - Barclays E ...

Molson Coors Beverage Company (TAP) has posted impressive second-quarter 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. The results have been mainly aided by an improved price and sales mix, offset by adverse currency, and soft financial and brand volumes, led by lower contract brewing volumes. The quarterly results reflect significant progress against the Acceleration Plan. Progress on its premiumization strategy varies across markets. The comp ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical wri ...