Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.
IPO Year:
Exchange: NYSE
Website: molsoncoors.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/2/2025 | $86.90 | Buy | Berenberg |
| 3/13/2025 | $56.00 → $62.00 | Underweight → Equal Weight | Barclays |
| 2/5/2025 | $47.00 → $57.00 | Sell → Neutral | Citigroup |
| 12/6/2024 | $72.00 | Buy | Needham |
| 12/6/2024 | $57.00 → $70.00 | Neutral → Buy | BofA Securities |
| 11/25/2024 | $64.00 | Neutral | Exane BNP Paribas |
| 11/8/2024 | $52.00 → $74.00 | Underweight → Overweight | Wells Fargo |
| 10/8/2024 | $58.00 → $56.00 | Hold | TD Cowen |
| 8/7/2024 | $68.00 → $58.00 | Buy → Hold | TD Cowen |
| 7/18/2024 | $55.00 → $47.00 | Equal Weight → Underweight | Barclays |
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE:TAP, TAP.A, TSX:TPX, TPX.B)) today reported results for the 2025 first quarter. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250508024295/en/ 2025 FIRST QUARTER FINANCIAL HIGHLIGHTS1 Net sales decreased 11.3% reported and 10.4% in constant currency. U.S. GAAP income before income taxes decreased 41.1% to $156.3 million. Underlying (Non-GAAP) income before income taxes decreased 49.5% in constant currency to $131.1 million. U.S. GAAP net income attributable to MCBC of $121.0 million, $0.59 per share on a diluted basis. Underlying (Non-GAAP) dil
Molson Coors Beverage Company (NYSE:TAP, TAP.A, TSX:TPX, TPX.A)) will host a webcast of the Company's 2025 First Quarter Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time on Thursday, May 8, 2025. The Company is expected to release earnings at approximately 6:30 a.m. Eastern Time on the same day. The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, ir.molsoncoors.com. An online replay of the earnings call webcast is expected to be posted within two hours following the live webcast. Overview of Molson Coors Beverage Company For over two centuries, we have been brewing beverages that unite people
Achieved or Exceeded All Full Year Guidance Metrics Fourth Quarter Net Sales Declined 2.0% Resulting in 0.6% Decline for Full Year, Achieving Revised Full Year Guidance Full Year Income before Income Taxes Improved 20.0%; Full Year Underlying Income before Income Taxes Increased 5.6% on a Constant Currency Basis, Achieving Full Year Guidance Full Year EPS Grew 22.4% to $5.35; Full Year Underlying EPS Grew 9.8% to $5.96 Exceeding Full Year Guidance Fiscal 2025 Guidance Aligned with Long-Term Growth Algorithm for both Top-Line and Bottom-Line Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE:TAP, TAP.A, TSX:TPX, TPX.B)) today reported results for the 2024
Molson Coors Beverage Company (NYSE:TAP, TAP.A, TSX:TPX, TPX.A)) will host a webcast of the company's 2024 Fourth Quarter and Full Year Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time on Thursday, February 13, 2025. The company will release earnings at approximately 6:30 a.m. Eastern Time on the same day. The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, ir.molsoncoors.com. An online replay of the earnings call webcast is expected to be posted within two hours following the live webcast. Overview of Molson Coors Beverage Company For over two centuries, Molson Coors Beverage Company has
The Board of Directors of Molson Coors Beverage Company (NYSE:TAP, TAP.A)) today declared a regular quarterly dividend on its Class A and Class B common stock of US$0.44 per share, payable December 20, 2024, to stockholders of record on December 6, 2024. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company. In addition, the Board of Directors of Molson Coors Canada Inc. (TSX:TPX, TPX.A)) today declared a quarterly dividend of approximately CDN$0.61 (the Canadian dollar equivalent of the dividend declared on Molson Coors Beverage Company stock), payable December 20, 2024, to its Class A and Class B exchangeable shareholders of re
Third Quarter Net Sales Declined 7.8% and Income Before Income Taxes Decreased 39.1% or 8.7% on an Underlying Basis in Constant Currency Continues to Return Cash to Shareholders Through Dividend and Share Repurchases of $153 Million Reaffirms 2024 Full Year Guidance for Bottom-Line Growth including Narrowing to the High End for Underlying Diluted Earnings per Share While Reducing Top-Line Guidance Reflecting Macroeconomic Challenges in the U.S. Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE:TAP, TAP.A, TSX:TPX, TPX.B)) today reported results for the 2024 third quarter. This press release features multimedia. View the full release here: https://www.businessw
Molson Coors Beverage Company (NYSE:TAP, TAP.A, TSX:TPX, TPX.A))) will host a webcast of the company's 2024 Third Quarter Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time on Thursday, November 7, 2024. The company will release earnings at approximately 6:30 a.m. Eastern Time on the same day. The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, ir.molsoncoors.com. An online replay of the earnings call webcast is expected to be posted within two hours following the live webcast. Overview of Molson Coors Beverage Company For over two centuries, Molson Coors Beverage Company has been brewing bever
Net Sales Nearly Flat while Income Before Income Taxes Improves 26.9% or 5.2% on an Underlying Basis in Constant Currency Returns $353 Million to Shareholders Through Dividend and Share Repurchases Reaffirms 2024 Full Year Guidance for Top-Line and Bottom-Line Growth Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE:TAP, TAP.A, TSX:TPX, TPX.B))) today reported results for the 2024 second quarter. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240806604516/en/ 2024 SECOND QUARTER FINANCIAL HIGHLIGHTS1 Net sales decreased 0.4% reported and 0.1% in constant currency. U.S. GAAP income before
The Board of Directors of Molson Coors Beverage Company (NYSE:TAP, TAP.A))) today declared a regular quarterly dividend on its Class A and Class B common stock of US$0.44 per share, payable September 20, 2024, to stockholders of record on August 30, 2024. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company. In addition, the Board of Directors of Molson Coors Canada Inc. (TSX:TPX, TPX.A))) today declared a quarterly dividend of approximately CDN$0.60 (the Canadian dollar equivalent of the dividend declared on Molson Coors Beverage Company stock), payable September 20, 2024, to its Class A and Class B exchangeable shareholders of
Molson Coors Beverage Company (NYSE:TAP, TAP.A, TSX:TPX, TPX.A))) will host a webcast of the company's 2024 Second Quarter Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time (6:30 a.m. Mountain Time) on Tuesday, August 6, 2024. The company will release earnings at approximately 6:30 a.m. Eastern Time on the same day. The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, ir.molsoncoors.com. An online replay of the earnings call webcast is expected to be posted within two hours following the live webcast and will be available until 11:59 p.m. Eastern Time on November 6, 2024. Overview of Molson Co
Berenberg initiated coverage of Molson Coors Brewing with a rating of Buy and set a new price target of $86.90
Barclays upgraded Molson Coors Brewing from Underweight to Equal Weight and set a new price target of $62.00 from $56.00 previously
Citigroup upgraded Molson Coors Brewing from Sell to Neutral and set a new price target of $57.00 from $47.00 previously
Needham initiated coverage of Molson Coors Brewing with a rating of Buy and set a new price target of $72.00
BofA Securities upgraded Molson Coors Brewing from Neutral to Buy and set a new price target of $70.00 from $57.00 previously
Exane BNP Paribas initiated coverage of Molson Coors Brewing with a rating of Neutral and set a new price target of $64.00
Wells Fargo upgraded Molson Coors Brewing from Underweight to Overweight and set a new price target of $74.00 from $52.00 previously
TD Cowen reiterated coverage of Molson Coors Brewing with a rating of Hold and set a new price target of $56.00 from $58.00 previously
TD Cowen downgraded Molson Coors Brewing from Buy to Hold and set a new price target of $58.00 from $68.00 previously
Barclays downgraded Molson Coors Brewing from Equal Weight to Underweight and set a new price target of $47.00 from $55.00 previously
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
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10-K - MOLSON COORS BEVERAGE CO (0000024545) (Filer)
8-K - MOLSON COORS BEVERAGE CO (0000024545) (Filer)
10-Q - MOLSON COORS BEVERAGE CO (0000024545) (Filer)
The Molson Coors Beverage Company ("Molson Coors" or "the company") (NYSE:TAP, TAP.A)) Board of Directors today announced that Christian "Chris" Cocks has been nominated as an independent Class B director for election at the company's Annual Meeting of Stockholders on May 14, 2025. Cocks is a seasoned consumer goods executive who serves as Chief Executive Officer of Hasbro, Inc (NASDAQ:HAS), a leading games, IP and toy company. "With his background evolving a historic business in the consumer goods industry and a track record of driving commercial and operational success, we believe Chris will bring valuable experience and a great voice to our Board. We are very happy to nominate Chris for
The deal gives Molson Coors exclusive commercialization rights to Fever-Tree's U.S. portfolio, alongside an equity investment by Molson Coors into Fevertree Drinks plc Partnership designed to fuel Molson Coors' Premiumization and Beyond Beer strategies 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250129464093/en/(Photo: Business Wire) Starting February 1, 2
Chantalle Butler promoted to President, Molson Coors Canada, as Frederic Landtmeters chooses to leave the business in April TORONTO, Feb. 27, 2024 /CNW/ - Molson Coors Beverage Company ("MCBC" or "Molson Coors") (NYSE:TAP) (NYSE:TAP) has promoted Chantalle Butler to the role of President of its Canada business, effective April 2, 2024. Butler, currently the vice president of sales finance for Canada, joined Molson Coors five years ago, and has served as a key leader for the company's strategy while overseeing fiscal activity nationwide. Butler's promotion comes as Molson Coors' strategy is paying off – driving growth in all regions and all segments of Canada. Coors Light and Molson Canadian
Lainey Wilson partners with Coors Light in 360-program including ad spots, retail, exclusive backstage access and more CHICAGO, Jan. 18, 2024 /PRNewswire/ -- This year, Coors Light is turning up the volume with an all-new, multi-year music partnership with country superstar Lainey Wilson, who was recently nominated for two 2024 Grammys including Country Album of the Year and Best Country Duo/Group Performance. In 2023, Wilson was also nominated and took home many awards, including nine Country Music Association Awards nominations, where she won the coveted Entertainer of the Year along with four other categories, tying the one-year record first set in 1969.
The Molson Coors Beverage Company (NYSE:TAP, TAP.A, TSX:TPX, TPX.A))) Board of Directors announced today that Jill Timm has been nominated as an independent director effective December 16, 2023. The board also announced the retirement of Director Louis Vachon, who has served on the Molson Coors Board of Directors since 2012. Timm, who has nearly 30 years of experience in finance and corporate leadership, is chief financial officer at Kohl's, where she has worked since 1999. "We couldn't be more pleased to nominate Jill for election to our board," said Geoffrey Molson, chair of the Molson Coors Board of Directors. "Her experience is broad and deep, and her perspective will be valuable as
The seasoned attorney joins the global beverage company with two decades of legal, regulatory and governance experience Molson Coors today announced Natalie Maciolek will join the company's global leadership team as Chief Legal and Government Affairs officer, effective September 5. Maciolek, who most recently served as senior vice president, general counsel and corporate secretary of Wisconsin-based Kohler Co., will report to Molson Coors President and Chief Executive Officer, Gavin Hattersley, and will be based in Chicago. As the company's top attorney, Maciolek will oversee all legal matters across Molson Coors' global business, including corporate governance, regulatory compliance,
Ibrahim Brings Nearly 30 years of Financial Leadership Experience Scaling High-Growth, Direct-to-Consumer Brands BARK, Inc. ("BARK" or the "Company") (NYSE:BARK), a leading global omnichannel brand with a mission to make all dogs happy, today announced that Zahir Ibrahim has joined the Company as Chief Financial Officer, effective immediately. Mr. Ibrahim brings nearly three decades of financial leadership experience at public and private companies, including scaling high-growth, direct-to-consumer brands. He is based in New York and reports to BARK's Co-Founder, Executive Chairman, and Chief Executive Officer, Matt Meeker. "The addition of Zahir to our highly-talented leadership team is
Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE:TAP, TAP.A, TSX:TPX, TPX.B)) today reported results for the 2025 first quarter. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250508024295/en/ 2025 FIRST QUARTER FINANCIAL HIGHLIGHTS1 Net sales decreased 11.3% reported and 10.4% in constant currency. U.S. GAAP income before income taxes decreased 41.1% to $156.3 million. Underlying (Non-GAAP) income before income taxes decreased 49.5% in constant currency to $131.1 million. U.S. GAAP net income attributable to MCBC of $121.0 million, $0.59 per share on a diluted basis. Underlying (Non-GAAP) dil
Molson Coors Beverage Company ("Molson Coors" or the "Company") (NYSE:TAP, TAP.A, TSX:TPX, 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250414350920/en/Gavin Hattersley In accordance with the Company's established governance policies, the Board is launching a search led by the Governance Committe
Molson Coors Beverage Company (NYSE:TAP, TAP.A, TSX:TPX, TPX.A)) will host a webcast of the Company's 2025 First Quarter Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time on Thursday, May 8, 2025. The Company is expected to release earnings at approximately 6:30 a.m. Eastern Time on the same day. The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, ir.molsoncoors.com. An online replay of the earnings call webcast is expected to be posted within two hours following the live webcast. Overview of Molson Coors Beverage Company For over two centuries, we have been brewing beverages that unite people
The Molson Coors Beverage Company ("Molson Coors" or "the company") (NYSE:TAP, TAP.A)) Board of Directors today announced that Christian "Chris" Cocks has been nominated as an independent Class B director for election at the company's Annual Meeting of Stockholders on May 14, 2025. Cocks is a seasoned consumer goods executive who serves as Chief Executive Officer of Hasbro, Inc (NASDAQ:HAS), a leading games, IP and toy company. "With his background evolving a historic business in the consumer goods industry and a track record of driving commercial and operational success, we believe Chris will bring valuable experience and a great voice to our Board. We are very happy to nominate Chris for
Achieved or Exceeded All Full Year Guidance Metrics Fourth Quarter Net Sales Declined 2.0% Resulting in 0.6% Decline for Full Year, Achieving Revised Full Year Guidance Full Year Income before Income Taxes Improved 20.0%; Full Year Underlying Income before Income Taxes Increased 5.6% on a Constant Currency Basis, Achieving Full Year Guidance Full Year EPS Grew 22.4% to $5.35; Full Year Underlying EPS Grew 9.8% to $5.96 Exceeding Full Year Guidance Fiscal 2025 Guidance Aligned with Long-Term Growth Algorithm for both Top-Line and Bottom-Line Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE:TAP, TAP.A, TSX:TPX, TPX.B)) today reported results for the 2024
Simply Spiked® Bold delivers even more flavor and an 8% ABV with two fan-favorite flavors CHICAGO, Feb. 12, 2025 /PRNewswire/ -- Get ready, Simply Spiked® is back and crashing the party with an all-new offering. Introducing Simply Spiked® Bold, a line of spiked lemonades and limeades with a bolder flavor and 8% ABV that delivers a new twist on drinking experiences for consumers 21+ nationwide. In the High ABV category where taste is the #1 purchase driver1, Simply Spiked Bold features two fan-favorite flavors: Signature Lemonade and Cherry Limeade. These boldly reimagined clas
The deal gives Molson Coors exclusive commercialization rights to Fever-Tree's U.S. portfolio, alongside an equity investment by Molson Coors into Fevertree Drinks plc Partnership designed to fuel Molson Coors' Premiumization and Beyond Beer strategies 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250129464093/en/(Photo: Business Wire) Starting February 1, 2
Molson Coors Beverage Company (NYSE:TAP, TAP.A, TSX:TPX, TPX.A)) will host a webcast of the company's 2024 Fourth Quarter and Full Year Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time on Thursday, February 13, 2025. The company will release earnings at approximately 6:30 a.m. Eastern Time on the same day. The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, ir.molsoncoors.com. An online replay of the earnings call webcast is expected to be posted within two hours following the live webcast. Overview of Molson Coors Beverage Company For over two centuries, Molson Coors Beverage Company has
The Board of Directors of Molson Coors Beverage Company (NYSE:TAP, TAP.A)) today declared a regular quarterly dividend on its Class A and Class B common stock of US$0.44 per share, payable December 20, 2024, to stockholders of record on December 6, 2024. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company. In addition, the Board of Directors of Molson Coors Canada Inc. (TSX:TPX, TPX.A)) today declared a quarterly dividend of approximately CDN$0.61 (the Canadian dollar equivalent of the dividend declared on Molson Coors Beverage Company stock), payable December 20, 2024, to its Class A and Class B exchangeable shareholders of re
Third Quarter Net Sales Declined 7.8% and Income Before Income Taxes Decreased 39.1% or 8.7% on an Underlying Basis in Constant Currency Continues to Return Cash to Shareholders Through Dividend and Share Repurchases of $153 Million Reaffirms 2024 Full Year Guidance for Bottom-Line Growth including Narrowing to the High End for Underlying Diluted Earnings per Share While Reducing Top-Line Guidance Reflecting Macroeconomic Challenges in the U.S. Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE:TAP, TAP.A, TSX:TPX, TPX.B)) today reported results for the 2024 third quarter. This press release features multimedia. View the full release here: https://www.businessw