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Molson Coors books hefty impairment charges, Q3 sales down
Yahoo Finance· 2025-11-04 13:25
Molson Coors Beverage Co. today (4 November) recorded impairment charges worth almost $4bn in a set of financial accounts that included another quarter of falling sales. The US giant booked impairments on its Americas unit and on two other sets of assets. Third-quarter net sales declined by more than 2% amid a 6% slide in “financial volumes” – sales of Molson Coors’ owned or “actively managed” brands. Recently appointed president and CEO Rahul Goyal said the Coors Light owner’s third-quarter results “la ...