Q3 2025 Financial Performance - Financial volume decreased by 60% to 19385 million hectoliters[7] - Brand volume decreased by 45% to 20366 million hectoliters[7] - Net sales revenue decreased by 33% to $2973 million on a constant currency basis[7] - Underlying income before income taxes decreased by 119% to $426 million on a constant currency basis[7] - Underlying earnings per diluted share decreased by 72% to $167[7] Capital Allocation - Net debt as of September 30 2025 was $5342 million an increase of 24%[7] - Dividend per share increased by 68% to $047[7] - Shares repurchased decreased by 567% to 0502 million shares[7] - Capital expenditures incurred for Q3 YTD 2025 were $405 million[35] 2025 Full Year Outlook - The company expects a net sales revenue decline of 3% to 4% on a constant currency basis[46] - The company expects an underlying income before income taxes decline of 12% to 15% on a constant currency basis[46] - The company expects an underlying diluted earnings per share decline of 7% to 10%[46]
Molson Coors(TAP) - 2025 Q3 - Earnings Call Presentation