Molson Coors Beverage Company (TAP) is well-placed for long-term growth, backed by its Revitalization plan and the premiumization of the global brand portfolio. The Revitalization plan is focused on achieving sustainable top-line growth by streamlining the organization and reinvesting resources into its brands and capabilities. Molson Coors delivered against its revitalization plan on a global basis by increasing its dollar share in the United States in the second quarter of 2022 for the first time in over ...

TAP has been making efforts to shape up its product portfolio and expand in growth areas. Its U.S. abovepremium portfolio witnessed sales that outpaced its U.S. economy portfolio, driven by the rapid growth of its hard seltzers, and the continued strength in Blue Moon and Peroni's. Additionally, the company is well-placed, driven by the progress of its revitalization plan. The plan is focused on achieving sustainable top-line growth by streamlining the organization and reinvesting resources into its brands ...

Molson Coors Beverage Company (TAP) seems well-poised for growth, thanks to its robust business strategies. The company has been gaining from brand strength as well as strong performances across its portfolio and both geographical segments. Smooth progress on its Acceleration Plan also bodes well. Buoyed by such strengths, shares of this beer and other beverage products' manufacturer have gained 9.7% compared with the industry's 6.3% growth over the past year. To wrap up, Molson Coors seems to be a decent i ...

Operator Thanks so much. Good morning. Two quick questions. The first was just -- I know you've spoken about shipments being ahead and just the contingency plan coming through stronger than you thought was sort of feasible, but were shipments ahead of expectations in Q1? That was the first question. If you look at what we did last year, it was 100,000 hectoliters higher than brand volume. So we have 650,000 hectoliters above consumption, which we would expect to come back in the next nine months, mostly, as ...

Molson Coors Beverage Company (TAP) has posted impressive first-quarter 2024 results, wherein both bottom and top lines surpassed the Zacks Consensus Estimate. Also, both metrics improved year over year. The quarterly results have gained from brand strength and favorable shipment timing in the United States.The quarterly performance highlights significant progress against the Acceleration Plan. The strength of core power brands leads to double-digit brand volume growth for Coors Light and Coors Banquet, and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ . Commission File Number: 1-14829 Molson Coors Beverage Company (Exact nam ...

For the quarter ended March 2024, Molson Coors Brewing (TAP) reported revenue of $2.6 billion, up 10.7% over the same period last year. EPS came in at $0.95, compared to $0.54 in the year-ago quarter.The reported revenue represents a surprise of +3.90% over the Zacks Consensus Estimate of $2.5 billion. With the consensus EPS estimate being $0.71, the EPS surprise was +33.80%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

Molson Coors Brewing (TAP) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.80%. A quarter ago, it was expected that this beer maker would post earnings of $1.12 per share when it actually produced earnings of $1.19, delivering a surprise of 6.25%.Over the last four quarters, the co ...

NEWS RELEASE Molson Coors Beverage Company Reports 2024 First Quarter Results Delivers First Quarter Top-Line Growth of 10.7% with Growth Across Both Business Units First Quarter Income Before Income Taxes Increases 160.5%, while Underlying Income Before Income Taxes Increases 68.8% on a Constant Currency Basis Reaffirms 2024 Full Year Guidance for Top-Line and Bottom-Line Growth ___________________________________________________________ ___ Golden, Colorado and Montréal, Québec – April 30, 2024 – Molson C ...

Molson Coors Beverage Company (TAP) is expected to register top and bottom-line growth when it reports first-quarter 2024 earnings on Apr 30, before market open. The Zacks Consensus Estimate for the company’s first-quarter revenues is pegged at $2.5 billion, suggesting 6.5% growth from the prior-year period’s reported figure.The consensus mark for earnings has moved up by a penny in the past 30 days to 71 cents per share, indicating a rise of 31.5% from the year-ago reported figure.In the last reported quar ...