News

Molson Coors Cuts Outlook as Beer Demand Slumps, Costs Rise

The maker of Miller Lite and Blue Moon’s outlook was overshadowed by a slight rise in profit and higher-than-expected sales.

Monte Carlo Beer strikes UK distribution, production deal with Molson Coors

Monaco's Monte Carlo Beer has entered a distribution and production agreement in the UK with Molson Coors Beverage Company.

Molson Coors slashes outlook again as ‘indirect tariff impacts’ on aluminum, weak demand hit bottom line

The Chicago-based brewer now expects net sales to tumble between 3% and 4% this year, a steeper decline than the company’s earlier prediction.

Stock Movers: Vertex, Hims, Molson Coors

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

Molson Coors (NYSE:TAP) Surprises With Q2 Sales

Beer company Molson Coors (NYSE:TAP) announced better-than-expected revenue in Q2 CY2025, but sales fell by 1.6% year on year ...

Molson Coors forecasts profit drop on aluminum tariff impact

Molson Coors forecast a drop in its annual profit on Tuesday, hit by tariff impacts on costs of aluminum it uses for its ...

Molson Coors Cuts Outlook, CEO Calls Beer Market Slump 'Cyclical'

Molson Coors Beverage Company (NYSE:TAP) reported second-quarter results on Tuesday, with adjusted earnings per share of ...

Molson Coors cuts financial forecasts on softening U.S. demand, aluminum tariffs

Molson Coors Beverage Co. TAP-N +0.86% has cut its financial forecasts for the second straight quarter, blaming softer demand ...

Molson Coors lowers 2025 sales and earnings guidance amid industry softness and aluminum cost surge

Q2 2025 Management View Gavin D. K. Hattersley, President, CEO & Director, reported that "during the second quarter, we ...