Molson Coors released Q2 earnings and reaffirmed guidance
The company highlighted growth for Coors Banquet, Peroni, and Fever-Tree, reaffirmed full-year guidance, and noted high input costs and consumer competition.
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Multinational beverage company
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In short: Molson Coors reported declining Q2 sales amid volume pressure while advancing Horizon 2030 and Beyond Beer acquisitions.
The company highlighted growth for Coors Banquet, Peroni, and Fever-Tree, reaffirmed full-year guidance, and noted high input costs and consumer competition.
Net sales fell 3.3% while income before taxes dropped nearly 49%, driven by lower volumes and cost inflation. The company reaffirmed its full-year guidance.
Net sales rose 2.0% to $2,351.1 million. Underlying EPS increased 24.0% to $0.62. Announces Monaco Cocktails acquisition. Reaffirms full-year guidance.
Net sales decreased 4.2% for the year with GAAP net loss of $2.1 billion due to impairments, but underlying EPS was $5.42. Provides 2026 outlook with flat sales.
Molson Coors stock posted USD 3.10 billion in Q2 revenue, down 3.3 percent year over year. EPS of USD 1.58 topped the USD 1.51 consensus.
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