| Molson Coors Q1: Caught In Worrisome Sales Trends |
Molson Coors Beverage Company's Q1 performance was weak. While several transitory factors weakened the quarter, sales also underline a weakening consumer and worrying brand performance. Due to an increasingly uncertain consumer outlook, Molson Coors lowered the 2025 guidance to reflect weak sales. TAP stock already prices in weak growth. I estimate a fair value of $65. |
seekingalpha.com |
2025-05-09 14:33:41 |
Czytaj oryginał (ang.) |
| Molson Coors Beverage Company (TAP) Q1 2025 Earnings Call Transcript |
Molson Coors Beverage Company (NYSE:TAP ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Corporate Participants Traci Mangini - Vice President, Investor Relations Gavin Hattersley - President and Chief Executive Officer Tracey Joubert - Chief Financial Officer Conference Call Participants Bryan Spillane - Bank of America Bonnie Herzog - Goldman Sachs Filippo Falorni - Citi Chris Carey - Wells Fargo Peter Grom - UBS Andrea Teixeira - JPMorgan Kaumil Gajrawala - Jefferies Lauren Lieberman - Barclays Michael Lavery - Piper Sandler Kevin Grundy - BNP Paribas Eric Serotta - Morgan Stanley Robert Moskow - TD Cowen Operator Good morning and welcome to the Molson Coors Beverage Company's First Quarter Fiscal Year 2025 Earnings Conference Call. With that, I'll hand it over to Traci Mangini, Vice President, Investor Relations. |
seekingalpha.com |
2025-05-08 17:29:01 |
Czytaj oryginał (ang.) |
| Molson Coors Stock Slumps as Tariffs Hit Earnings and Guidance |
Molson Coors reports adjusted first-quarter earnings of 50 cents a share, below Wall Street consensus of 78 cents. |
barrons.com |
2025-05-08 14:30:00 |
Czytaj oryginał (ang.) |
| 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. |
proactiveinvestors.com |
2025-05-08 13:46:50 |
Czytaj oryginał (ang.) |
| 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. |
marketwatch.com |
2025-05-08 11:38:00 |
Czytaj oryginał (ang.) |
| 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. |
wsj.com |
2025-05-08 11:29:00 |
Czytaj oryginał (ang.) |
| 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. |
businesswire.com |
2025-04-14 11:55:00 |
Czytaj oryginał (ang.) |
| 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. |
proactiveinvestors.co.uk |
2025-03-25 06:58:50 |
Czytaj oryginał (ang.) |
| Molson Coors' focus on pushing premium brands leads to upbeat profit outlook |
Molson Coors saw higher prices helping to offset continued volume declines. |
marketwatch.com |
2025-02-13 10:15:00 |
Czytaj oryginał (ang.) |
| 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. |
businesswire.com |
2025-02-11 10:43:00 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2025-02-06 04:13:56 |
Czytaj oryginał (ang.) |
| 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. |
proactiveinvestors.co.uk |
2025-02-05 06:08:24 |
Czytaj oryginał (ang.) |
| 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. |
proactiveinvestors.co.uk |
2025-01-30 05:53:57 |
Czytaj oryginał (ang.) |
| 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. |
reuters.com |
2025-01-30 04:39:04 |
Czytaj oryginał (ang.) |
| 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. |
businesswire.com |
2025-01-30 04:39:00 |
Czytaj oryginał (ang.) |
| 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. |
barrons.com |
2025-01-03 09:54:00 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-12-30 14:20:27 |
Czytaj oryginał (ang.) |
| 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. |
benzinga.com |
2024-12-06 13:26:13 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-11-13 13:40:59 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-11-11 18:53:24 |
Czytaj oryginał (ang.) |
| 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. |
marketwatch.com |
2024-11-07 09:47:00 |
Czytaj oryginał (ang.) |
| 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. |
businesswire.com |
2024-11-07 08:25:00 |
Czytaj oryginał (ang.) |
| 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. |
marketwatch.com |
2024-10-08 19:09:00 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-09-12 13:22:54 |
Czytaj oryginał (ang.) |
| 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. |
cnbc.com |
2024-09-04 15:57:26 |
Czytaj oryginał (ang.) |
| 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. |
marketwatch.com |
2024-09-03 23:42:00 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-08-27 05:52:37 |
Czytaj oryginał (ang.) |
| 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. |
marketwatch.com |
2024-08-13 20:03:00 |
Czytaj oryginał (ang.) |
| 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. |
reuters.com |
2024-08-13 19:33:52 |
Czytaj oryginał (ang.) |
| 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. |
proactiveinvestors.com |
2024-08-06 14:40:45 |
Czytaj oryginał (ang.) |
| 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. |
reuters.com |
2024-08-06 11:12:23 |
Czytaj oryginał (ang.) |
| 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. |
marketwatch.com |
2024-08-06 10:59:00 |
Czytaj oryginał (ang.) |
| 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. |
benzinga.com |
2024-05-31 11:38:52 |
Czytaj oryginał (ang.) |
| 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. |
businesswire.com |
2024-05-22 23:35:00 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-05-02 17:30:12 |
Czytaj oryginał (ang.) |