Molson Coors cuts 2025 forecast as economic woes, weak US beer demand hit sales
- Molson Coors Beverage Co (NYSE:TAP) lowered its full-year sales and profit outlook on Thursday after disappointing first-quarter results, citing weaker consumer demand, inflation, and trade concerns. Shares of the Coors Light and Miller Lite maker fell more than 8% on Thursday morning after the company said it now expects 2025 underlying diluted earnings per share to grow in the low single digits, down from its earlier forecast of high single-digit growth.
- 05/08/2025
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Molson Coors says less beer is being drunk due to worries about tariffs and the economy
- Stocks drops after beer brewer's biggest earnings miss in four years and a lowered full-year outlook as consumer confidence falls as the economy slows.
- 05/08/2025
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Molson Coors Slashes 2025 Outlook on Tariff Worries
- Molson Coors' first-quarter net income fell 42% and the beverage company slashed its sales and underlying earnings projections for the year, citing intensified competition in overseas markets and economic blues among consumers.
- 05/08/2025
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Molson Coors Beverage Company CEO Gavin Hattersley Announces Plans to Retire by End of 2025; Board Launches Search Process
- GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company (“Molson Coors” or the “Company”) (NYSE: TAP, TAP.A; TSX: TPX.A, TPX.B) today announced that after 28 years in the beer industry, including over six years as President and CEO of Molson Coors Beverage Company, Gavin Hattersley has informed the Company and the Board of Directors (the “Board”) that he intends to retire from the Company and as a member of the Board, in each case, by December 31, 2025. In accordance with the C.
- 04/14/2025
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Fevertree up 6% as guidance reassures; Molson Coors tie-up on track
- Fevertree Drinks (AIM:FEVR) shares jumped 6% on Tuesday morning after the premium mixer maker reiterated its full-year guidance and struck an upbeat tone on the medium-term benefits of its new partnership with Molson Coors in the United States. The London-listed drinks brand said it expected continued revenue and profit growth in 2025, despite a transition year as the US business shifts under the new agreement.
- 03/25/2025
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Molson Coors' focus on pushing premium brands leads to upbeat profit outlook
- Molson Coors saw higher prices helping to offset continued volume declines.
- 02/13/2025
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Molson Named Official 4 Nations Face-Off™ Beer Sponsor in Canada, Hosting Watch Parties Across Montreal
- MONTREAL--(BUSINESS WIRE)--Molson is proud to be the official beer sponsor in Canada of the 4 Nations Face-Off, an international tournament staged by the National Hockey League (NHL) and National Hockey League Players' Association (NHLPA). The tournament will feature NHL players representing Canada, Finland, Sweden and the United States, facing off in a total of seven games played from February 12th to February 20th, 2025. Four games will be played at the Bell Centre in Montreal and three games.
- 02/11/2025
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Fevertree Drinks: U.S. Strategic Partnership With Molson Coors
- Fevertree's recent strategic partnership with Molson Coors is set to accelerate its growth in the U.S., leveraging Molson Coors' production, distribution, and marketing capabilities. Despite modest revenue growth in recent years, the Company has improved margins and maintained market leadership, particularly excelling in non-tonic mixers and expanding globally. The partnership includes Molson Coors acquiring 8.5% of FQVTF and taking over U.S. operations, reducing logistics costs and exposure to price fluctuations.
- 02/06/2025
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Fevertree completes £71mln issue of shares to Molson Coors
- Fevertree Drinks PLC has issued £71 million worth of shares to Molson Coors after the duo penned an agreement for its carbonated mixer brand in the US. Some 10,856,628 ordinary shares were issued at a price of 654.2p each, Fevertree said Wednesday, equating to 8.5% of the company.
- 02/05/2025
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Fevertree skyrockets on Molson Coors US partnership
- Fevertree Drinks PLC skyrocketed over 15% on Thursday after unveiling a long-term partnership with Molson Coors in the US. Molson Coors would buy an 8.5% stake in Fevertree for £71 million and take on exclusive sales, distribution and production of the carbonated mixer brand in the US.
- 01/30/2025
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Molson Coors buys 8.5% stake in UK's Fevertree for $88 million
- Coors Light beer maker Molson Coors will take a 8.5% stake in UK's Fevertree Drinks for 71 million pounds ($88.3 million) to expand its portfolio of non-alcoholic beverage offerings in the U.S., the companies said on Thursday.
- 01/30/2025
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Molson Coors Beverage Company Announces Strategic Partnership With Fever-Tree in U.S.
- CHICAGO--(BUSINESS WIRE)--Molson Coors Beverage Company ("Molson Coors" or “the company”) (NYSE: TAP, TAP.A) is expanding its U.S. non-alc portfolio through a new strategic partnership with Fevertree Drinks plc (“Fever-Tree”), the world's leading supplier of premium carbonated drinks and mixers. Starting February 1, 2025, Molson Coors will assume exclusive commercialization rights to Fever-Tree's award-winning lineup of tonics, ginger beers, cocktail mixers and more in the U.S. and will be resp.
- 01/30/2025
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Bud and Molson Stocks Fall as Surgeon General Issues Advisory on Alcohol's Link to Cancer
- U.S. Surgeon General Vivek Murthy issues an advisory outlining the link between alcohol consumption and cancer risk.
- 01/03/2025
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Citizens Financial: A Pivotal Year On Tap, Shares Fairly Priced, A Mixed Chart
- I am downgrading Citizens Financial Group (CFG) to a hold due to fair valuation and mixed technicals despite a 64% gain since April 2023. Key January catalysts include the December payrolls report, bank earnings, and a Fed meeting, with CFG's Q4 earnings report on January 17 being crucial. CFG's Q3 results were mixed, with a revenue miss and slight NIM decline, but Q4 projections show potential NII and non-interest income growth.
- 12/30/2024
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Trump's Beer Tariffs Cloud Sector: Molson Coors Is Well Positioned, But This Is The 'Best Company In The Beverage Space,' Says Analyst
- Following sluggishness during the summer months, trends in the U.S. beer market are showing signs of improvement, according to Needham.
- 12/06/2024
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Anheuser-Busch Vs. Molson Coors -- Battle Of The Beers
- Anheuser-Busch InBev SA/NV is a mid-level play with higher valuation and growth expectations, while Molson Coors Beverage Company is a value play with lower valuation and growth expectations. Both BUD and TAP are reasonably valued relative to forward EPS growth, but both risk becoming value traps. Our analysis suggests key support levels for BUD at $54 and a potential upside for TAP to $80-$82 if current support holds.
- 11/13/2024
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Molson Coors: After 9 Years Of Paying Down Debt, Finally Able To Repurchase Shares
- Molson Coors issued a lot of debt in 2016 as part of buying out a joint venture interest. In late 2023, Molson Coors finally reached its target leverage ratios and extra cash is now going towards share repurchases instead of debt paydowns. The company capitalized on Budweiser's marketing issues, gaining market share and shelf space, boosting sales for brands like Coors Banquet.
- 11/11/2024
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Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss
- Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.
- 11/07/2024
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Molson Coors Beverage Company Takes Majority Stake in ZOA Energy
- CHICAGO--(BUSINESS WIRE)--Molson Coors Beverage Company ("Molson Coors") (NYSE: TAP, TAP.A) is taking a majority ownership stake in ZOA, the better-for-you energy brand co-founded by Dwayne “The Rock” Johnson, Dany Garcia, Dave Rienzi and John Shulman. Taking a majority stake now allows Molson Coors to lead the entirety of ZOA's marketing, retail and direct-to-consumer sales and development. The company believes this positions ZOA for a step change in growth. As better-for-you energy drinks sal.
- 11/07/2024
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Big beer brands' struggles seem likely to continue into next year, analyst says
- Shares of some of the nation's biggest brewers have slipped so far this year — and the months ahead don't look a whole lot better amid shakier demand in the U.S. and abroad, TD Cowen analysts said Tuesday.
- 10/08/2024
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Molson Coors Is Doing Everything Right
- Molson Coors is cutting costs, modernizing factories, buying back shares, paying down debt, and promising increased earnings over the long term. Despite attractive dividends and growth potential, Molson Coors struggles with sustained top-line growth, which remains a significant concern for investors. Molson Coors has diversified into spirits and non-alcoholic drinks, acquiring premium brands like Vizzy and a stake in Zoa, an energy drink company.
- 09/12/2024
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Molson Coors pumps the brakes on DEI practices
- Molson Coors plans to cut supplier diversity quotas and DEI-based training programs, and sever ties with the LGBTQ+ advocacy group Human Rights' Campaigns' Corporate Equality Index. The brewer's decision comes after a wave of retailers over the summer took a step back in their DEI efforts.
- 09/04/2024
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Molson Coors pulls back from DEI, saying earlier programs have been ‘completed'
- Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats last week.
- 09/03/2024
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Molson Coors: Premiumization And Expertise Are Stock Price Drivers
- Molson Coors' premiumization strategy in the EMEA and APAC regions drives net sales growth despite volume declines, supported by favorable pricing and sales mix. The company's reduction in net debt and consistent free cash flow growth indicate significant undervaluation, suggesting potential for stock price appreciation. TAP's stock repurchase program and strategic acquisitions, like Blue Run, enhance demand and net income growth, reinforcing the bullish outlook.
- 08/27/2024
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Tilray CEO Irwin Simon on Molson Coors deal
- Tilray CEO Irwin Simon joins 'Money Movers' to discuss the company's push into the beer category, where the company's focus now exists, and much more.
- 08/14/2024
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Cananbis company Tilray buys four Molson Coors brewers as it looks to become ‘beacon for craft brands'
- Tilray Inc.'s stock rose Tuesday after the Canadian cannabis company said it is paying an undisclosed sum for four craft-beer brewers from Molson Coors Beverage Co. to add to its presence in the U.S. alcoholic-beverage market.
- 08/13/2024
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Tilray to buy four craft breweries from Molson Coors
- Tilray Brands would buy four craft breweries from beer maker Molson Coors in a bid to expand business beyond its range of cannabis products, the company said on Tuesday.
- 08/13/2024
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Molson Coors' profits soar in second quarter
- Molson Coors Beverage Co (NYSE:TAP), the owner of Coors Light, Miller Lite and Carling, saw net income improve 23% year on year to $425.3 million in the three months to 30 June. Lower operating costs helped to support the bottom line despite sales of $3.8 billion coming in slightly lower than the second quarter of 2023.
- 08/06/2024
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Molson Coors tops quarterly results on strong beer demand in Europe, Asia
- Molson Coors beat Wall Street expectations for second-quarter sales and profit on Tuesday, driven by strong demand for its premium Coors Light and Miller Lite beers in the European and Asian regions.
- 08/06/2024
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Molson Coors's stock rises on Q2 sales and earnings beat
- Molson Coors Beverage Co. stock TAP, -3.33% is up 2.7% in premarket trades Tuesday after the beer maker reported better-than-expected second-quarters sales and earnings. Molson Coors said its second-quarter net income rose to $427 million, or $2.03 a share, from $342.4 million, or $1.57 a share, in the prior year's quarter.
- 08/06/2024
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Top 5 Defensive Stocks That May Explode This Quarter - Molson Coors Beverage (NYSE:TAP)
- The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
- 05/31/2024
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Molson Coors Beverage Company Announces Pricing of its Public Offering of Euro-Denominated Senior Notes
- GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company (“Molson Coors” or the “Company”) (NYSE: TAP, TAP.A, TAP 24; TSX: TPX.A, TPX.B) announced today that it has priced its previously announced public offering (the “Offering”) of €800,000,000 aggregate principal amount of its 3.800% Senior Notes due 2032 (the “Notes”). The Offering is expected to close on or about May 29, 2024, subject to customary closing conditions. After deducting underwriting discounts and estimated Offer.
- 05/22/2024
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Molson Coors: Strategic Growth Plan To Catalyze Double-Digit Upside
- Molson Coors Beverage Company stock has underperformed the S&P 500 by about 26% in the past year. The company's strategic growth plan, including growing core power brands and expanding beyond beer, supports long-term growth. The company has demonstrated strong financial performance and has a solid balance sheet, making it an attractive investment opportunity.
- 05/02/2024
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Molson Coors profit nearly triples and beats analysts' estimate
- Molson Coors Beverage Co.'s stock TAP, +1.63% rose fractionally in premarket trading on Tuesday after the beer maker said it booked a “strong start” to the year by nearly tripling its net income while revenue jumped 10.7%. Molson Coors said its first-quarter net income rose to $207.8 million, or 97 cents a share, from $72.5 million, or 33 cents a share, in the year-ago quarter.
- 04/30/2024
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Molson Coors' gains from the Bud Light boycott have run their course, analysts say
- When a conservative-led boycott hit Bud Light's sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday.
- 04/24/2024
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Three-Stock Lunch: Boeing, Nasdaq & Molson Coors
- Malcolm Ethridge, CIC Wealth EVP, joins 'Power Lunch' to discuss plays for three stocks: Boeing, Nasdaq and Molson Coors.
- 04/09/2024
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Teamsters call for nationwide boycott of Molson Coors amid labor dispute
- The Teamsters union is calling for a nationwide boycott of Molson Coors amid stalled talks with striking workers, asking that beer drinkers switch to Anheuser-Busch products.
- 04/02/2024
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Molson Coors Stock Has Layers of Support in Place
- Subscribers to Schaeffer's Weekend Trader options recommendation service received this TAP commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
- 03/15/2024
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3 Alcohol Stocks That Are a Way Better Buy Than Beleaguered BUD
- Alcohol stocks fall into the consumer staples sector for their defensive attributes. It's not that people “need” their products, but they tend to buy them no matter the state of the economy.
- 03/11/2024
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Teamsters target Bud Light parent Anheuser-Busch, Molson Coors
- The Teamsters union is striking at Molson Coors' Texas brewery and threatening to strike at all 12 U.S. Anheuser-Busch breweries as it remains locked in contract negotiations.
- 02/19/2024
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Molson Coors looks to lock in market share gains as consumers shift away from Bud Light
- Molson Coors gained market share after the Bud Light boycott last year. Now executives believe they can maintain the growth they've seen in the last year.
- 02/13/2024
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Molson Coors forecasts stronger-than-expected 2024 sales as 4Q earnings beat estimates
- Molson Coors Beverage Co (NYSE:TAP) traded lower late morning on Tuesday despite the beer maker forecasting higher sales for 2024 than expected by Wall Street analysts. Molson Coors expects to see its sales rise by a low-single-digit percentage over 2023 this year compared to estimates of a 0.7% increase, driven by resilient demand for its core brands and higher prices.
- 02/13/2024
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Molson Coors' stock up nearly 3% after earnings beat
- Molson Coors Beverage Co. ‘s stock TAP, +3.12% rose 2.9% premarket after the company posted stronger-than-expected earnings for the fourth quarter. The company had net income of $103.3 million, or 48 cents a share, for the quarter, after a loss of $590.5 million, or $2.73 a share, in the year-earlier period.
- 02/13/2024
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Texas Molson Coors brewery workers prepare to strike, potentially impacting several major beverage brands
- More than 400 workers are preparing to walk off the job from a Texas brewery after they say negotiations for higher pay, and benefits have stalled.
- 02/12/2024
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Super Bowl ads: Bud Light and Coors fight to win back customers through strong advertising push
- With the Super Bowl LVIII approaching this Sunday, brands are preparing ads to reach the massive viewer audience. Peter Galbo, Bank of America's Food & Beverage Analyst, joined Yahoo Finance Live to discuss Bud Light's strategy to capitalize on the exposure.
- 02/09/2024
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Chubb: Shares Breakout, Remain Undervalued, Earnings On Tap
- Insurance stocks, including Chubb Limited, have been outperforming the global stock market despite volatile interest rates and natural disasters. The Company provides diverse insurance/reinsurance globally and has a major presence in the US, Europe, Asia, and Bermuda. Its valuation is attractive with a low forward non-GAAP price-to-earnings ratio and the stock has strong share-price momentum.
- 01/21/2024
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Molson Coors Beverage: Growth Is Sustainable And Market Share Gains Should Stick
- I have a target price of $92.57, representing a 54% upside from the current share price. Molson Coors reported strong Q3 earnings with net sales growth of 12.4% and beat consensus estimates for EPS. The company should be able to meet its FY23 guidance and I have a positive outlook for FY24 with sustained market share and growth momentum.
- 11/29/2023
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Broadcom: Shares Breakout, Q4 Earnings On Tap, Watch Buyback Plans
- Broadcom offers exposure to tech and AI at a lower price compared to other mega-cap tech stocks. AVGO has a strong semiconductor product portfolio and a solid technical backdrop for a strong year-end and 2024. AVGO's earnings beat history, strong control over expenses, and robust profitability make it an attractive investment.
- 11/16/2023
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Analyst Praises Molson Coors Beverage Stock's Setup
- Molson Coors Beverage Co (NYSE:TAP) stock is unchanged in premarket trading, even after Moody's Investors Services upgraded its senior unsecured rating to Baa2 from Baa3 and revised its outlook to positive.
- 11/15/2023
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Moody's upgrades Molson Coors by one notch and says it has enough cash to reduce debt while rewarding shareholders
- Moody's Investors Service upgraded Molson Coors Beverage Co.'s TAP, +2.10% senior unsecured rating to Baa2 from Baa3 on Wednesday, and revised the outlook to positive. The move reflects “consistent debt repayment, conservative leverage targets and recent good revenue and EBITDA growth that is leading to solid debt to EBITDA leverage improvement to 2.6x as of the 12 months ended September 2023 (Moody's adjusted basis) as well as consistently strong free cash flow,” the agency said in a statement.
- 11/15/2023
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Molson Coors Beverage Company Announces Regular Quarterly Dividend
- GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company Announces Regular Quarterly Dividend.
- 11/09/2023
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Molson Coors: Still One Of My Favorite Buys
- Molson Coors Beverage Company has outperformed Anheuser-Busch InBev SA/NV in terms of total return and market performance in the past 18 months. Molson Coors has benefited from Bud Light's public relations issues, but its recent fundamental performance is worth examining. I maintain the craft beer market is peaking and Molson Coors will be a big beneficiary.
- 11/08/2023
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Molson Coors's stock jumps 2.4% after Deutsche Bank upgrade
- Molson Coors Beverage Co.'s stock rose 2.4% on Friday, after Deutsche Bank upgraded the stock to hold from sell and said risks around the company's ability to retain its current robust growth are sufficiently discounted in its current valuation.
- 11/03/2023
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Molson Coors raises full-year core profit forecast after 3Q earnings top estimates
- Molson Coors Brewing Company (NYSE:TAP) upped its full-year core profit forecast after its third quarter financial results top estimates driven by increased prices and steady demand for its beer brands. For 3Q, the Coors Lite, Miller Lite, and Molson Canadian-maker's revenue increased 12.4% year-over-year from $2.94 billion to $3.3 billion, ahead of estimates of $3.24 billion.
- 11/02/2023
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Molson Coors: Coming Down Again After The Bud Light Controversy
- Molson Coors Beverage Company shares have seen a setback after a boost from Anheuser-Busch InBev SA/NV's major marketing mistake. The company is still facing the consequences of its 2007 tie-up with Molson and Coors. Despite recent acquisitions and strategic initiatives, I am waiting for Molson shares to reach the mid-fifties before buying.
- 10/05/2023
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Molson Coors CEO Gavin Hattersley sits down with Jim Cramer
- Molson Coors CEO Gavin Hattersley joins 'Mad Money' host Jim Cramer to talk what's ahead for the company.
- 10/04/2023
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One of our big innovations is Blue Moon non-alcoholic, says Molson Coors CEO Gavin Hattersley
- Molson Coors CEO Gavin Hattersley joins 'Mad Money' host Jim Cramer to talk what's ahead for the company.
- 10/04/2023
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Trending stocks: GM, Toyota, Molson Coors: October 3, 2023
- General Motors (GM) and Toyota (TM) posted double-digit sales gains in the third quarter. GM's third-quarter sales were up 21 percent year-over-year and Toyota's sales increased 12 percent year-over-year.
- 10/03/2023
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Molson Coors OKs $2 billion buyback program, targets long-term sales growth in the low single digits
- Molson Coors Beverage Co. TAP, -1.58% on Tuesday said its board had cleared a five-year, $2 billion stock buyback program and said it was “on track” to deliver its second straight year of sales and profit growth. The remarks were made in connection with the brewer's 2023 strategy day in New York.
- 10/03/2023
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Molson Coors: TAP's Resilience And Revenue Expansion Plan
- Molson Coors Beverage reported strong financial results in 2Q23, driven by increased marketing spend and momentum in core beer brands. The company plans to allocate an additional $100 million for marketing expenditures in 2H to bolster core beer brands and prioritize digital marketing. The termination of the Pabst contract is expected to enhance overall operational efficiency and free up production capacity for future growth.
- 09/12/2023
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Molson-Coors Wins Beyond Domestic Beer
- Molson Coors Beverage Company had its best quarter since its inception, benefiting from strategic acquisitions and reduced debt levels. Beer consumption is lagging behind distilled spirits and ready-to-drink beverages, prompting Molson-Coors to expand into these markets. The company is increasing advertising spending and brand reach globally, with a focus on digital advertising and premiumization.
- 09/01/2023
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Tilray is buying beverage brands from Molson Coors, Anheuser-Busch as cannabis industry struggles
- Tilray Brands, a major cannabis company, is tapping into the beverage industry with recent acquisitions from Molson Coors and Anheuser-Busch.
- 08/21/2023
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Tilray buys remaining 58% stake in THC beverage company Truss Beverage from Molson Coors
- Tilray Brands Inc. TLRY, +1.14% said Friday it is buying the remaining 57.5% equity ownership of Truss Beverage Co. from Molson Coors Canada TAP, -0.45% to gain full control of the THC beverage maker, for an undisclosed price. Truss Beverage Co. has been a joint venture between affiliates of Molson Coors Canada and Hexo, which has been acquired by Tilray.
- 08/18/2023
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Molson Coors Addition Of Blue Run Spirits Shows Their Commitment To Becoming A Total Beverage Company
- The acquisition of Blue Run Spirits allows Molson Coors to expand their reach, and make a serious play for bourbon lovers, all in their effort to create a total beverage company.
- 08/08/2023
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Coors Light, Miller Lite combined sales now '50% bigger than Bud Light': Molson Coors CEO
- Molson Coors beer brands are swallowing Bud Light's market share in the wake of Bud's Dylan Mulvaney marketing campaign. Molson Coors reported second-quarter earnings Tuesday.
- 08/02/2023
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Coors Light, Miller Light combined sales now '50% bigger than Bud Light': Molson Coors CEO
- Molson Coors beers brands are swallowing Bud Light's market share after company's Dylan Mulvaney marketing campaign. Molson Coors reported second-quarter earnings Tuesday.
- 08/01/2023
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Bud Light Boycotts Were Supposed to Help Molson Coors. Its Stock Is Down After Earnings.
- The company topped estimates but that wasn't enough for fickle investors.
- 08/01/2023
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Molson Coors reports strongest quarterly sales since 2005 merger but revenue miss sees stock fizzle
- Molson Coors Beverage Company shares fell after its second quarter revenue fell short of expectations, despite the Canadian-American beverage and brewing company reporting its single strongest quarter of sales since the merger of Molson and Coors in 2005. Molson Coors shares fell 5.5% to US$65.90 late morning on Tuesday.
- 08/01/2023
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Molson Coors' stock dips after beer company's sales fall short of estimates
- Molson Coors Beverage Co.'s stock TAP, -1.11% fell premarket after the beer company had better-than-expected profit for the second quarter but sales that fell slightly short of consensus. The company posted net income of $342.4 million, or $1.57 a share, for the quarter, up from $47.3 million, or 22 cents a share, in the year-earlier period.
- 08/01/2023
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Molson Coors Results On Tap; AB InBev To Nurse Hangover From Bud Light Boycott
- Molson Coors reports earnings early Tuesday. Bud Light maker AB InBev is due Thursday.
- 07/31/2023
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Target: Optimistic Consumers Pulling Back, Retail Earnings On Tap, Shares A Hold
- The July Consumer Confidence report showed high optimism, but retail sales figures show a negative annual change, with a decrease of 0.40% in the week ending July 22, 2023. Target faces potential issues from food deflation and product theft, but its valuation case is compelling, with better than expected bottom-line numbers and a high forward dividend yield. Despite the stock being undervalued, poor retail trends and a bearish chart lead to a hold rating on Target, with a potential revisit post-earnings later in the year.
- 07/26/2023
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Molson Coors: Cheers After A Hangover At Its Competitor
- Molson Coors Beverage Company has seen a modest recovery coming out of the pandemic. The company has been struggling along until its major beer competitor Anheuser-Busch InBev SA/NV made a major marketing mistake in recent weeks. This short-term windfall should become apparent in the coming quarterly results, but given the underwhelming operational performance, current enthusiasm seems to provide a nice exit opportunity.
- 07/17/2023
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Bud Light boycott has been good for Molson Coors, but gains aren't set in stone, analysts say
- As Bud Light sales drop amid a conservative-led boycott, beer drinkers have flocked to rival Molson Coors Beverage Co. for light-beer alternatives. But as the retreat from Bud reshapes the beer market, Wells Fargo analysts say investors have failed to ask a key question: What if Molson's gains go away?
- 06/23/2023
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Bud Light's Pain Has Been Molson Coors' Gain. What Happens Next.
- Molson Coors has gained market share at the expense of Bud Light brewer AB InBev but investors shouldn't bet on further gains, Wells Fargo analysts say.
- 06/23/2023
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Molson Benefits in Brewing Beer Culture Wars
- Analysts at Citigroup lifted their stock price target on the brewer of Coors.
- 06/21/2023
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Bud Light Controversy Buoys Molson Coors Stock To Nearly 4.5-Year High—Analysts Predict Another 14% Surge
- Bank of America upgraded the Coors Light and Miller Light parent this week thanks to spiking sales as consumers ditch Bud Light.
- 06/08/2023
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Coinbase suit, Molson Coors upgrade, Boeing Dreamliner woes: Top tickers June 6, 2023
- The SEC is suing Coinbase over alleged securities law violations. Boeing shares fall after new issues with the 787 Dreamliner raise concerns that deliveries could be slowed.
- 06/06/2023
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Constellation Brands vs. Molson Coors: Here's which beer maker is the clear winner to buy
- Both Constellation Brands and Molson Coors have in-demand beer brands but we think there's only one that has outsized potential for long-term growth.
- 05/31/2023
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Molson Coors cheers investors with strong 1Q revenue and profit beat
- Molson Coors Beverage Co stock shot up after the brewer reported first-quarter financial results that saw it handily beating Wall Street revenue and profit estimates on the back of steady price hikes, which didn't dent demand for its popular beer brands. For the period ending March 31, 2023, the Golden, Colorado-based beer maker reported earnings of $0.54 per share on revenue of $2.8 billion.
- 05/02/2023
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Molson Coors adjusted profit jumps 82%
- Molson Coors Beverage Co. TAP is up 0.9% in premarket trades after the beer maker said its adjusted profit grew by 82.3% on increased pricing and a “favorable sales mix.” Molson Coors reported first-quarter net income of $72.5 million, or 33 cents a share, down from $151.5 million, or 70 cents a share, in the year-ago quarter.
- 05/02/2023
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Molson Coors stock trends higher following misplaced takeover speculation
- The Yahoo Finance Live team Dave Briggs and Seana Smith discuss reports Molson Coors stock spiked as the result of misplaced takeover chatter.
- 03/08/2023
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Molson Coors told to pull Miller Lite ad that implies rival light beers 'taste like water'
- The 15-second advert for Miller Lite shows a man dousing himself with an "extremely lite beer."
- 02/26/2023
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Molson Coors needs to stop comparing rivals' light beer to water, regulator says, in a win for Anheuser-Busch
- "We believe light beer should taste like beer, not water, and we are well within our right to share that belief," Molson Coors said.
- 02/24/2023
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Consumers Trade Down to Beer as Booze Prices Rise
- Molson Coors is seeing consumers rethink their alcoholic beverage spending in the face of inflation. The beverage giant, parent company of a wide range of popular alcohol brands including Miller, Vizzy, Blue Moon and, of course, Molson and Coors, noted in its fourth-quarter earnings report Tuesday (Feb.
- 02/21/2023
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Molson Coors stock rises on stronger than expected Q4 profits
- Yahoo Finance'S Live team discusses Molson Coors' stock bump following the release of its positive Q4 earnings report.
- 02/21/2023
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Molson Coors: Time To Buy More Or Tap Out?
- Molson Coors (NYSE: TAP) popped on its Q4 results but now may not be the time to buy. Although the market is up after the report, the post-release action is less than promising.
- 02/21/2023
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Liquor Beats Beer for First Time Ever, but This Brewer Is the Best Buy Now
- Spirits have been on a tear eve as beer has been on a long, slow slide.
- 02/21/2023
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Molson Coors tops profit expectations but sales comes up a bit shy, and stock edges up
- Shares of Molson Coors Beverage Co. TAP, +1.21% edged up 0.2% in premarket trading Tuesday, after the beer brewer reported fourth-quarter adjusted profit that topped expectations but sales that came up a bit shy. The company swung to a net loss of $590.5 million, or $2.73 a share, from net income of $80.0 million, or 37 cents a share, in the year-ago period.
- 02/21/2023
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Super Bowl LVII dubbed ‘Betting Bowl or Beer Bowl' amid Molson Coors-DraftKings team-up: Brand VPs
- This segment originally aired on February 6, 2023. Miller Family of Brands Global VP Sofia Colucci and Coors Family of Brands Global VP Marcelo Pascoa talk about the partnership between Molson Cooks and DraftKings for the Super Bowl.
- 02/06/2023
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Molson Coors Beverage Stock a Losing Bet for February
- After a stellar close to the month, traders are feeling encouraged to put the January Barometer to the test.
- 02/03/2023
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DraftKings partners with Molson Coors for upcoming Super Bowl ad
- Yahoo Finance Live takes a look at DraftKings and Molson Coors' planned Super Bowl partnership.
- 01/27/2023
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Molson Coors launches non-alcoholic mocktail for dry January
- Coors has unveiled its new canned mocktail "Roxie" in time for dry January.
- 01/10/2023
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Molson Coors CEO's alcohol sales outlook as the country reopens
- Gavin Hattersley, Molson Coors president and CEO, speaks with CNBC's Frank Holland about his outlook for bar and restaurant sales returning as more parts of the country reopen, the popularity of hard seltzer, and how a recent cyberattack affected the company's production.
- 11/19/2022
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Molson to end its Truss CBD USA Joint Venture with Hexo
- Molson Coors Beverage Co. TAP, +0.51% said it's exiting its roughly two-year-old Truss CBD USA beverage joint venture with Hexo Corp. HEXO, -1.29% at the end of the year. "While we entered this business in a smart way, it's going to be very difficult to scale in the short term, making the path to profitability a challenge," a Molson Coors spokesperson said Friday in an email to MarketWatch.
- 11/18/2022
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Beer sales boost Molson Coors third-quarter earnings
- Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman discuss Q3 earnings for Molson Coors.
- 11/01/2022
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Molson Coors misses profit estimate but beats on revenue
- Molson Coors Beverage Co. TAP, -1.31% said Tuesday its third-quarter profit fell 52% to $216.4 million, or 99 cents a share, from $453 million, or $2.08 a share, in the year-ago quarter. Adjusted earnings at the alcoholic beverage maker fell to $1.32 a share, from $1.75 a share.
- 11/01/2022
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Will WWE Shares Wrestle Their Way Higher Or Will They Tap Out?
- Mid-cap World Wrestling Entertainment Inc. briefly cleared a price consolidation Wednesday. The company recently boosted Q3 and full-year income guidance.
- 10/06/2022
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Molson Coors Is Growing Market Share Despite Cost Issues
- For over two centuries, Molson Coors Beverage Co. ( TAP , Financial) has been making beer and other alcoholic beverages. The first Coors brewery location in Golden, Colorado is actually the largest single brewing facility operating in the world.
- 08/05/2022
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Is it Time to Tap Molson Coors or Will Beer Sales Turn Flat?
- In this article, we look at why Molson Coors held firm on their full year forecast and how investors should factor that in on their decision to buy TAP stock
- 08/04/2022
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Why Molson Coors Stock Dropped Today
- Earnings left a lot to be desired for Molson Coors investors.
- 08/02/2022
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Molson Coors revenue falls short, shares fall
- Molson Coors Beverage Co. TAP, -0.12% TAP.A, +3.16% TPX.A, -1.08% shares fell 3.7% after it said Tuesday its second-quarter profit fell to $47.3 million, or 22 cents a share, from $388.6 million, or $1.79 a share in the year-ago quarter. Adjusted earnings in the latest quarter totaled $1.19 a share.
- 08/02/2022
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Three Stock Lunch: Molson Coors, Weber and Pool Corp
- Boris Schlossberg, BK Asset Management managing director, joins 'Power Lunch' to discuss his take on three stocks; Molson Coors, Weber and Pool Corp.
- 07/01/2022
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Molson Coors: After a Few Hard Years, Have a Cold One
- The process of making beer does not seem to be difficult as there is a never-ending stream of brands and entrepreneurs entering the market. The big problem is making beer at scale and distributing it efficiently.
- 06/08/2022
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Beer giant Molson Coors tops Q1 earnings estimates
- Yahoo Finance reporter Allie Canal discusses quarterly earnings for Molson Coors.
- 05/03/2022
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Molson Coors Beverage Q1 Earnings Tops Estimates
- Molson Coors Beverage Co (NYSE: TAP) reported first-quarter FY22 sales growth of 16.7% year-on-year to $2.21 billion, beating the consensus of $2.13 billion. Net sales from the Americas segment rose 8.5% Y/Y due to positive net pricing and favorable sales mix, partially offset by a.
- 05/03/2022
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Molson Coors sees biggest quarterly sales growth in 10 years
- Molson Coors Beverage Co. TAP, +0.33% reported first-quarter net income of $151.5 million, or 70 cents per share, up from $84.1 million, or 39 cents per share, last year. Adjusted EPS of 29 cents beat the FactSet consensus of 19 cents.
- 05/03/2022
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Molson Coors (TAP) Up 7.1% Since Last Earnings Report: Can It Continue?
- Molson Coors (TAP) reported earnings 30 days ago. What's next for the stock?
- 03/25/2022
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Molson Coors: Q4 Earnings Might Be The Turning Point
- Molson Coors: Q4 Earnings Might Be The Turning Point
- 03/15/2022
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Molson Coors Delivers Double-Digit 4th-Quarter Growth
- Molson Coors Beverage Co. ( TAP , Financial) made significant progress in 2021 on its revitalization plan, from growing its top line to “premiumizing” its global portfolio and making significant investments in growing its production capabilities. Management said it accomplished this against a challenging inflationary environment and continued impact from the pandemic, including returning consumer wariness with the Omicron variant in the fourth quarter.
- 02/25/2022
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Molson Coors CEO says it's implemented a robust hedging program to take volatility out of pricing
- Gavin Hattersley, Molson Coors Beverage Company CEO, joins 'The Exchange' to discuss the company's latest earnings report and how inflation has affected its business.
- 02/23/2022
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Molson Coors Beverage's (TAP) CEO Gavin Hattersley on Q4 2021 Results - Earnings Call Transcript
- Molson Coors Beverage's (TAP) CEO Gavin Hattersley on Q4 2021 Results - Earnings Call Transcript
- 02/23/2022
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Molson Coors logs its first sales growth in a decade as turnaround plan takes hold
- Molson Coors' fourth-quarter earnings fell short of Wall Street's expectations, but its revenue topped analysts' estimates.
- 02/23/2022
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Molson Coors Closes Out 2021 On Several High Notes with Net Sales Up 6.5%
- Molson Coors reported today that they closed out 2021 with solid numbers and are positioned to continue their positive trends in 2022.
- 02/23/2022
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Molson Coors Brewing (TAP) Lags Q4 Earnings Estimates
- Molson Coors (TAP) delivered earnings and revenue surprises of -10% and 1.87%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/23/2022
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Molson Coors beats on revenue, misses on profit
- Molson Coors Beverage Co. TAP, -0.84% reported fourth quarter net income of $80.0 million, or 37 cents per share, after a loss of $1.37 billion, or $6.32 per share, last year. Adjusted EPS of 81 cents missed the FactSet consensus for 86 cents.
- 02/23/2022
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Coca-Cola, Molson Coors unveil alcoholic lemonade drink
- Coca-Cola and beer maker Molson Coors have banded together to roll out a new lemonade-flavored alcoholic drink. Simply Spiked Lemonade will hit store shelves this summer with each variety pack containing four flavors — lemonade, strawberry lemonade, watermelon lemonade, and blueberry lemonade.
- 01/25/2022
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Simply Lemonade is releasing spiked drinks for summer 2022
- Simply Lemonade is the latest Coca-Cola beverage brand to get an alcohol infusion.
- 01/25/2022
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Coca-Cola, Molson Coors Turn Lemons Into Hard Lemonade
- Coca-Cola Co (NYSE:KO) is once again making a move into the harder stuff, as the soft drink giant partners with Molson Coors Beverage Co (NYSE:TAP) to make a spiked lemonade under its Simply brand.
- 01/25/2022
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Coca-Cola and Molson Coors team up for ‘spiked' juices
- Molson Coors Beverage Co. announced another partnership with Coca-Cola Co. on Tuesday: the beverage giants are launching a version of the Simply brand of juices with alcohol.
- 01/25/2022
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Coca-Cola, Molson Coors to launch Simply-branded alcoholic drinks
- Coca-Cola Co will launch Simply-branded alcoholic drinks in the United States this summer in partnership with beer giant Molson Coors Beverage Co
- 01/25/2022
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Coca-Cola and Molson Coors to make spiked lemonade under Simply brand
- Coca-Cola and Molson Coors are teaming up again on a new line of alcoholic drinks under the Simply brand.
- 01/25/2022
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Molson Coors CEO: 2022 ‘is going to be a big year for seltzer'
- # Molson Coors CEO Gavin Hattersley joins Yahoo Finance's Akiko Fujita and Zack Guzman to discuss the outlook for the beverage space in 2022, the Miller Lite and Coors Lite brands, the development of Topo Chico hard seltzer, and the success of Dwayne "The Rock" Johnson's ZOA energy drink. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 01/10/2022
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Molson Coors Is A Value Play You'll Want To TAP, Here's Why
- Molson Coors is a company in turnaround mode, as it transforms itself from a global beer company into a beverage company. Management has made meaningful progress towards debt reduction in recent years, and I see a path for dividend increases down the line.
- 01/05/2022
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7 Food Stocks to Buy to Prepare You for the Thanksgiving Surge
- We're entering the first holiday season post-pandemic, and investors are hungry for good food stocks. Here are seven of the best to buy now.
- 11/08/2021
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Molson Coors, HEXO, Truss & Two Roots Collaborate: New Cannabis-Infused Drink Headed For The Shelves
- Two Roots Beverage Co. announced Tuesday it will provide Truss Beverage Co., a joint venture between brewer Molson Coors Beverage Co. (NYSE:TAP) and HEXO Corp. (NASDAQ:HEXO), with a non-alcoholic beer for its newly launched brand Bedfellows Liquid Arts. As the first collaborative brand in the Truss portfolio, Bedfellows Liquid brings consumers of legal age carefully crafted cannabis beverages, including Bedfellows Haus Mates and Bedfellows Indie Pals, which will be available this month in cannabis stores and authorized online retailers across Canada.
- 11/02/2021
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Molson Coors Beverage Co Brands, Inc. (TAP) CEO Gavin Hattersley on Q3 2021 Results - Earnings Call Transcript
- Molson Coors Beverage Co Brands, Inc. (TAP) CEO Gavin Hattersley on Q3 2021 Results - Earnings Call Transcript
- 10/28/2021
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Molson Coors Beverage Reports Mixed Q3 Earnings
- Molson Coors Beverage Co (NYSE: TAP) reported third-quarter FY21 sales growth of 2.5% year-on-year, to $2.82 billion, missing the analyst consensus of $2.92 billion. Net sales from North America business fell 1.2% Y/Y due to a 4.8% decrease in financial volumes, driven by lower brand volumes and unfavorable shipment timing in the U.S.
- 10/28/2021
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Molson Coors (TAP) Stock Rises as Q3 Earnings Beat Estimates
- Molson Coors' (TAP) Q3 results reflect continued progress on its revitalization plan and premiumization efforts. Sales have been aided by strong pricing, and a favorable brand and channel mix.
- 10/28/2021
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Molson Coors Brewing (TAP) Surpasses Q3 Earnings Estimates
- Molson Coors (TAP) delivered earnings and revenue surprises of 12.90% and -1.35%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/28/2021
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Factors Likely to Impact Molson Coors' (TAP) Q3 Earnings
- Despite revitalization plan, premiumization and strength in hard seltzer, Molson Coors' (TAP) Q3 performance is likely to have been hurt by higher marketing spends and cost inflation.
- 10/25/2021
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With Five Trail Whiskey Molson Coors Takes Aim At The Spirit Market
- As the first full-strength spirit released by Molson Coors Beverage Company (MCBC), it helps to blur further the once-solid lines that used to delineate the American alcohol landscape.
- 10/19/2021
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Molson Coors To Launch Coca-Cola's Topo Chico Hard Seltzer In Canada During Summer Of 2022
- Molson Coors Beverage Co (NYSE: TAP) entered an exclusive agreement with Coca-Cola Co (NYSE: KO) to manufacture, market, and distribute Topo Chico Hard Seltzer in Canada. The product is scheduled to launch in the summer of 2022, with the Canadian debut taking place one year after the launch of Topo Chico Hard Seltzer in the U.S.
- 10/12/2021
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Drink Up! Hexo And Molson Coors' Joint Venture Expands Veryvell CBD Line To 17 States
- Truss CBD USA, a joint venture by Molson Coors Beverage Company (NYSE:TAP) and HEXO USA Inc, a subsidiary of HEXO Corp (NASDAQ:HEXO) reported Wednesday the expansion of Veryvell, a line of hemp-derived CBD and adaptogen beverages. Following a successful Colorado launch in 2020, Truss CBD USA is now expanding Veryvell semi-nationally to be available in 17 states.
- 10/06/2021
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Weekend Sip: The Molson Coors company, long associated with beer, moves into spirits with Five Trail whiskey
- Five Trail Blended American Whiskey, $59.99
- 10/01/2021
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Molson Coors (TAP) to Expand Topo Chico Distribution Nationwide
- Driven by positive customer response, Molson Coors (TAP) is likely to expand Topo Chico Hard Seltzer in all 50 states of the United States from January 2022.
- 09/17/2021
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Molson Coors' Topo Chico Hard Seltzer To Expand Nationwide Distribution In 2022
- Molson Coors Beverage Co (NYSE: TAP) has announced that Topo Chico Hard Seltzer will officially expand product distribution nationwide beginning January 2022. Topo Chico Hard Seltzer is made with minerals and natural flavors and is available in a four-flavor variety pack, Strawberry Guava, Tangy Lemon Lime, Exotic Pineapple, and Tropical Mango.
- 09/16/2021
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Molson Coors to start distributing Topo Chico Hard Seltzer to all 50 states
- Molson Coors Beverage Co. TAP, -0.02% announced Thursday plans to expand distribution of its Topo Chico Hard Seltzer nationwide, starting January 2022. Topo Chico had previously been distributed in nine states and seven metro areas.
- 09/16/2021
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Molson Coors takes its partnership with La Colombe coffee national
- Molson Coors Beverage Co. TAP, +0.81% said Wednesday that it has expanded its partnership with La Colombe ready-to-drink coffee to the national level. Starting this year, Molson Coors will distribute La Colombe at chains including Walmart Inc. WMT, +0.17% , Kroger Co. KR, +1.00% and Target Corp. TGT, +0.95%.
- 09/08/2021
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Molson Coors: Inexpensive And Looking To Add Some Fizz To Its Flat Growth
- The gradual industry-wide decline in beer consumption, combined with the inexorable rise of craft beer, has presented a challenge for major beer companies. Molson Coors' efforts in above-premium and beyond beer give a plausible path towards shoring up its core business.
- 09/03/2021
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Molson Coors' bet on Dwayne Johnson's Zoa Energy is off to a promising start
- Zoa Energy, which is distributed by Molson Coors Beverage, is the top new energy drink in the last four weeks of IRI data.
- 08/18/2021
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Brewers Are Flooding Into Spirits. Should Investors Avoid Them?
- As hard seltzer fades, brewers are looking for the next drink sensation.
- 08/14/2021
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Molson Coors is dropping 11 ‘economy' brands including Keystone Ice and High Life Light
- Molson Coors is trimming the number of items it sells and moving in the direction of more premium items.
- 08/03/2021
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Molson Coors says hard seltzer is here to stay, as it puts its focus behind Vizzy, Topo Chico
- Molson Coors reported better-than-expected earnings on Thursday, but its stock remained flat on concerns about rising transportation and packaging costs.
- 07/29/2021
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Molson Coors Beverage Company (TAP) CEO Gavin Hattersley on Q2 2021 Results - Earnings Call Transcript
- Molson Coors Beverage Company (TAP) CEO Gavin Hattersley on Q2 2021 Results - Earnings Call Transcript
- 07/29/2021
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Molson Coors delivers strong earnings beat
- In its earnings report, Molson Coors warns of rising transportation costs moving forward, leading the stock to slip, even despite positive earnings. CEO Gavin Hattersley joins The Exchange to talk through transportation challenges and more.
- 07/29/2021
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Molson Coors reports highest sales growth in a decade
- Molson Coors Beverage Co. stock rose 2.4% in Thursday premarket trading after the beer producer reported second-quarter earnings and sales that beat expectations. Net income totaled $388.6 million, or $1.79 per share, up from $195.0 million, or 90 cents per share.
- 07/29/2021
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Should Molson and Anheuser-Busch Investors Brace for More Bad News on Hard Seltzer?
- Consumer demand for seltzer has fallen off the table, and these brewers have invested a lot in the space.
- 07/27/2021
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Molson Coors (TAP) to Report Q2 Earnings: What's in the Cards?
- Revitalization plan, premiumization, beyond beer expansion and omni-channel investment are likely to have aided Molson Coors (TAP) in Q2. Higher marketing spends and COGS are likely to have hurt.
- 07/26/2021
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Here's Why Molson Coors (TAP) is Poised for a Turnaround After Losing 8.2% in 4 Weeks
- The heavy selling pressure might have exhausted for Molson Coors (TAP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 07/23/2021
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Molson Coors Beverage Becomes Oversold
- In trading on Tuesday, shares of Molson Coors Beverage entered into oversold territory, hitting an RSI reading of 29.97, after changing hands as low as $51.53 per share.
- 07/06/2021
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Beer sales heat up ahead of the July 4th weekend
- Yahoo Finance's Brian Sozzi and Myles Udland discuss the increase in beer sales. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 07/02/2021
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Final Trades: Molson Coors, TJX, Boeing & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 06/21/2021
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Small cap movers: CyanConnode and Sareum shares rise after they tap the market
- Companies tapping the market don't normally see their share prices rise but CyanConnode Holdings PLC (LON:CYAN) and Sareum Holdings PLC (LON:SAR) managed it this week. CyanConnode shot up 62% to 13.5p after it raised £3.15mln through the issue of shares at 9.5p.
- 06/05/2021
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Molson Coors CEO on alcohol sales outlook as the country reopens
- Gavin Hattersley, Molson Coors president and CEO, speaks with CNBC's Frank Holland about his outlook for bar and restaurant sales returning as more parts of the country reopen, the popularity of hard seltzer, and how a recent cyberattack affected the company's production. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 05/27/2021
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Boston Scientific, Gap, Molson Coors and More Tuesday Afternoon Analyst Calls
- With the trading day more than halfway over, the markets had dipped after a relatively strong start to the day.
- 05/25/2021
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Tesla And Facebook Among Today's Growth Stocks With F Scores
- Instead of sharing Q.ai's insights on top-rated consumer or momentum opportunities, here are the big-name growth stocks that have all earned Fs.
- 05/24/2021
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Molson Coors to quadruple hard seltzer production in Canada
- Molson Coors Beverage Co. said Wednesday that it will increase hard seltzer production in its Canadian facilities by 300%, between owned and third-party facilities. "Hard seltzers are fairly new in Canada, but Vizzy and Coors Seltzer have already proven to be hits," said Frederic Landtmeters, president of Molson Coors in Canada, in a statement.
- 05/19/2021
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Top Stock Picks for Summer 2021: Molson Coors Beverage (TAP)
- We don't buy the "sell in May and go away" song and dance.
- 05/18/2021
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Is Revitalization Plan Key to Molson Coors' (TAP) Growth?
- Molson Coors (TAP) has been taking several steps toward growth of its above-premium portfolio and the hard seltzer ambition, which is a key part of its beyond beer approach.
- 05/14/2021
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Pros And Cons Of An Investment In Molson Coors Beverage Company
- The company is undervalued compared to its peers, with shares trading just below book value.
- 05/09/2021
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Starbucks, General Motors And More Thematic Stock Highlights This Week
- Check out this week's thematic stock highlights, including SBUX and GM, courtesy of the Forbes AI Investor platform.
- 05/05/2021
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Molson Coors Sees Strong Demand for Beer, Hard Seltzer
- Apr.30 -- Gavin Hattersley, Molson Coors CEO, talks about earnings and the pent up demand for beer and hard seltzer around the world.
- 04/30/2021
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Molson Coors Beverage Company (TAP) CEO Gavin Hattersley on Q1 2021 Results - Earnings Call Transcript
- Molson Coors Beverage Company (TAP) CEO Gavin Hattersley on Q1 2021 Results - Earnings Call Transcript
- 04/29/2021
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Why Molson Coors Beverage Shares Are Trading Higher Today
- Molson Coors Beverage (NYSE: TAP) shares are trading higher after the company reported better-than-expected Q1 EPS and sales results. The company's net sales decreased 9.7% driven by lower financial folumes, partially offset by net pricing growth.
- 04/29/2021
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Molson Coors (TAP) Q1 Earnings & Sales Top Estimates, Stock Up
- Molson Coors (TAP) Q1 benefits from the expansion of the above-premium portfolio as well as the growing hard seltzer portfolio. It is progressing well with its revitalization plan.
- 04/29/2021
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Molson Coors Brewing (TAP) Tops Q1 Earnings and Revenue Estimates
- Molson Coors (TAP) delivered earnings and revenue surprises of 108.33% and 2.04%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/29/2021
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Things You Must Note Ahead of Molson Coors' (TAP) Q1 Earnings
- Impacts of a cybersecurity incident in March and an 11-day closure of its Texas brewery due to winter storm are expected to have hurt Molson Coors (TAP) in Q1. Its revitalization plan bodes well.
- 04/26/2021
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Molson Coors, HEXO Cannabis JV Truss Beverage To Launch Six New Products This Summer
- Truss Beverage Co., a joint venture between brewer Molson Coors Beverage Co. (NYSE:TAP) and HEXO Corp. (NYSE:HEXO)(TSX:HEXO), is launching a lineup of new CBD and THC products. The Toronto-based company opted to boost its existing brand offering with six products, including:
- 04/14/2021
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Molson Coors teams up with social impact company TRU Colors with plan to launch a lager this summer
- Molson Coors Beverage Co. is teaming up with TRU Colors Brewery in a deal that is expected to lead to the launch of a first beer in the summer in North Carolina and Virginia, before expanding to all 50 states within two years. TRU Colors is a social impact company that was founded by George Taylor and rival gang leaders from the Bloods, Crips and GD, and has a mission of aiming to end street violence and unite communities across America.
- 04/14/2021
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Molson Coors Buys Its Sixth Craft Brewery
- Tru Colors' revolutionary business model helps boost the brewery's stated commitment to diversity and communities of color
- 04/14/2021
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Molson Coors (TAP) Issues Business Update, Retains 2021 View
- Cybersecurity issues and winter storms are likely to weigh on Molson Coors' (TAP) Q1 results. However, management retains its 2021 view on sound fundamentals.
- 03/30/2021
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JPMorgan's Beverage Pair Trade: Buy Keurig Dr Pepper, Sell Molson Coors
- JPMorgan analysts revised their stance on the beverage sector and presented a new pair trade of assuming a bullish stance on Keurig Dr Pepper Inc (NYSE: KDP) and a bearish stance on Molson Coors Beverage Co (NYSE: TAP). The Analyst: Andrea Teixeira upgraded Keurig Dr Pepper's stock from Neutral to Outperform with an unchanged $33 price target.
- 03/19/2021
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Dollar General, Progressive, Starbucks, Molson Coors and More Friday Afternoon Analyst Calls
- With the trading day about halfway over, the broad markets were sliding into the weekend.
- 03/19/2021
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Bear of the Day: Molson Coors (TAP)
- Bear of the Day: Molson Coors (TAP)
- 03/15/2021
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Why Is Molson Coors (TAP) Up 4.8% Since Last Earnings Report?
- Molson Coors (TAP) reported earnings 30 days ago. What's next for the stock?
- 03/13/2021
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Massive hack disrupts Molson Coors brewing operations
- Molson Coors, the brewer behind the Miller and Coors brands, revealed a "cybersecurity incident" at the company that has disrupted its beer-making operations.
- 03/11/2021
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Molson Coors says cyberattack is causing business disruption
- Molson Coors Beverage Co. said in a Thursday filing that it is the victim of a cyberattack that has caused a "systems outage." The beverage company is working to get its system back up, but, in the meantime, there have been business interruptions.
- 03/11/2021
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7 Stocks to Buy in Time for Spring Break
- As we head into spring break and Wall Street looks to take some money off the table, here are some of the best stocks to buy. The post 7 Stocks to Buy in Time for Spring Break appeared first on InvestorPlace.
- 03/10/2021
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Molson Coors: Down 10% After Earnings For Good Reasons
- Molson Coors fell 10% following its FY 2020 earnings release and reinstatement of guidance for FY 2021.
- 02/22/2021
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Unpacking Molson Coors Beverage Stock's Disappointing Q4 Report
- Molson Coors Beverage Company (NYSE:TAP) is a U.S.-based multinational drink and brewing company.
- 02/18/2021
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Molson Coors: Take A Sip At 10.6x Forward P/E
- Molson Coors trades at 10.6x forward P/E and is still down 20.5% over the past year due to its On-Premise segment being hit hard by the COVID pandemic. The company continues to generate great cash flows and currently trades at a solid 14.2% free cash flow yield based on historical five-year figures.
- 02/16/2021
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A Check-in on Molson-Coors
- It has been six months since I last wrote about Molson Coors Beverage Co. (NYSE:TAP) in an article entitled "Molson Coors Is a Steal." Even today, I still think the stock price is illogical.
- 02/15/2021
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Molson Coors Beverage Company (TAP) CEO Gavin Hattersley on Q4 2020 Results - Earnings Call Transcript
- Molson Coors Beverage Company (TAP) CEO Gavin Hattersley on Q4 2020 Results - Earnings Call Transcript
- 02/11/2021
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Why I'm Increasing My Exposure To Molson Coors On Today's 10% Drop
- Molson Coors tumbled by more than 10% on a weak Q4 and a reported net loss. However, the company generated in excess of $1B in free cash flow and used it to pay down debt.
- 02/11/2021
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Molson Coors' (TAP) Q4 Earnings Miss Estimates, Decline Y/Y
- Molson Coors (TAP) reports dismal fourth-quarter 2020 results, with earnings and sales lagging the estimates. Higher costs and lower sales hurt the bottom line.
- 02/11/2021
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Why Kraft, Tyson, Molson Coors And More Food, Beverage Stocks Are Moving
- Thursday premarket trading action was highlighted by a handful of food, beverage, and restaurant names reporting quarterly results. Here's what investors in the space need to know.
- 02/11/2021
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Molson Coors Brewing (TAP) Q4 Earnings and Revenues Lag Estimates
- Molson Coors (TAP) delivered earnings and revenue surprises of -47.37% and -4.74%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/11/2021
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Molson Coors stock sinks after profit, revenue miss as Europe weakness weighs
- Shares of Molson Coors Beverage Co. sank 3.1% in premarket trading Thursday, after the beer brewer reported a fourth-quarter adjusted profit and sales that missed expectations, weighed by weakness in Europe amid further on-premise restrictions in the U.K. amid a surge in COVID-19 cases. On a net basis, the company swung to a net loss of $1.37 billion, or $6.32 a share, from income of $163.7 million, or 75 cents a share, in the year-ago period.
- 02/11/2021
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Why Earnings Season Could Be Great for Molson Coors (TAP)
- Molson Coors (TAP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/10/2021
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Molson Coors (TAP) to Report Q4 Earnings: Is a Beat in Store?
- Molson Coors' (TAP) Q4 results are expected to reflect gains from favorable net pricing, cost savings and premiumization efforts. Softness in on-premise is expected to have been a headwind.
- 02/09/2021
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3 Beverage Stocks to Watch Out for in Q4 Earnings Season
- Beverage companies are poised to gain from away-from-home channel reopening, increased at-home sales and growth in e-commerce in Q4. Also, innovation is likely to have aided the Q4 performance.
- 02/08/2021
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Top Stock Picks for 2021: Molson Coors Beverage
- Every day for the next two weeks, we're going to highlight one of Schaeffer's top 14 picks for 2021.
- 02/02/2021
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Molson Coors Partners With CKBG On Sugar-Free Alcoholic Beverages
- Molson Coors Beverage Company (NYSE: TAP) has partnered with CKBG to bring their brand Superbird to 10 new markets in spring 2021. What Happened: Molson Coors announced Tuesday that it will be partnering with CKGB to bring a 100% agave tequila-based cocktail to market.
- 01/26/2021
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Molson Coors and HEXO Introduce First U.S. CBD Drink
- The new beverages are produced and sold solely within the borders of Colorado.
- 01/16/2021
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Molson Coors, HEXO Joint Venture Truss CBD Launches Veryvell Beverage Brand In Colorado
- Truss CBD USA, a joint venture between Molson Coors Beverages Co. and HEXO Corp. is launching a new line of CBD beverage in Colorado.
- 01/13/2021
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Dwayne ‘The Rock' Johnson partners with Molson Coors for nonalcoholic energy drink
- "The Rock" has a history of partnership success with Under Armour.
- 01/11/2021
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Here's Why Molson Coors (TAP) is an Attractive Investment for 2021
- Molson Coors (TAP) benefits from the strong market share in the fast-growing hard seltzer market as well as progress on the revitalization plan.
- 01/04/2021
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Molson Coors: Cheers To New Ventures
- Molson Coors: Cheers To New Ventures
- 12/27/2020
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TAP vs. BUD: Which Stock Should Value Investors Buy Now?
- TAP vs. BUD: Which Stock Is the Better Value Option?
- 12/23/2020
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Adapt Or Die: Molson Coors Turns To Partnerships, Non-Alcoholic Beverages For Growth
- 2020 marked the beginning of a metamorphosis at Molson Coors. The multinational beverage company struck numerous partnerships, developed a handful of new nonalcoholic beverages, and made key investments that are intended to position it for long-term success outside of the beer category.
- 12/23/2020
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Company has seen a 200% growth in online sales: Molson Coors CEO
- Molson Coors CEO Gavin Hattersley breaks down how the coronavirus has impacted his business and consumer behavior. #FoxBusiness Subscribe to Fox Business!
- 12/08/2020
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Molson Coors' Big Bet on Hard Seltzers Is the Right One to Make
- That doesn't change the fact that the company still has a lot of work to do in this category.
- 12/07/2020
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Molson Coors CEO on alcohol consumption amid the coronavirus, company strategy, and e-commerce
- Molson Coors CEO Gavin D. Hattersley discusses the impact the coronavirus pandemic has had on business and how the company has adapted.
- 12/04/2020
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Alcohol stocks boosted by vaccine hopes
- CNBC's Frank Holland looks at rising alcohol stocks even as hopes for a vaccine grow, and the possibility of people getting out to bars and restaurants increases. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 12/02/2020
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Molson Coors Invests in Boosting Its Seltzer and Hard Seltzer Output by 400%
- The company is pushing strongly into one of the fastest-growing beverage markets.
- 12/01/2020
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Craft Beer Is Being Drained by COVID-19
- If the small-brewery industry survives the pandemic, you may not even recognize it on the other side.
- 11/27/2020
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Molson Coors CEO on how the pandemic is causing beer sales to rise
- Local orders limit the state of business for bars and restaurants around the country, including the number of customers allowed into establishments at once and mandating early closing times. As a result of these restrictions, beer has been benefitting from so many consumers stocking up for home at grocery and liquor stores.
- 11/25/2020
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Molson Coors: Separating The Noise From The Signal
- A bet on Molson Coors is a bet on Miller Lite and Coors Light. Continued declines in volume for these brands will have a disproportionate negative effect on margins.
- 10/30/2020
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Molson Coors CEO Gavin Hattersley on its revitalization plan's progress
- Gavin Hattersley, Molson Coors CEO, joins "Squawk on the Street" to discuss the company's outlook and seltzer brands.
- 10/30/2020
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Molson Coors Beverage's (TAP) CEO Gavin Hattersley on Q3 2020 Results - Earnings Call Transcript
- Molson Coors Beverage's (TAP) CEO Gavin Hattersley on Q3 2020 Results - Earnings Call Transcript
- 10/29/2020
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Is Molson Coors Stock a Buy?
- The beer business isn't what it used to be.
- 10/29/2020
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Molson Coors Stock Chugs Along After Big Q3 Beat
- Shares of Molson Coors Beverage Co (NYSE: TAP) gained more than 3% after the alcohol maker reported a top-and-bottom line third-quarter beat. Q3 Beat: Molson said it earned $1.62 per share in the third quarter on revenue of $2.75 billion versus expectations of $1.01 per share and revenue of $2.65 billion.
- 10/29/2020
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Molson Coors stock shoots up after big profit beat
- Shares of Molson Coors Beverage Co. shot up 6.4% in premarket trading Thursday, after the beer brewer reported a third-quarter adjusted profit that rose well above expectations, while revenue fell less than forecast amid challenges posed by the COVID-19 pandemic. The company swung to net income of $342.8 million, or $1.58 a share, from a loss of $402.8 million, or $1.86 a share, in the year-ago period.
- 10/29/2020
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Molson Coors Stays Flat As Market Rises, But The Tide Is Set To Turn
- We believe Molson Coors stock may be a good opportunity at the present time. TAP trades near $35 currently and is, in fact, down 35% so far this year (from $54 at the beginning of 2020).
- 10/28/2020
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