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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 4/24/2024 | $66.00 → $56.00 | Neutral → Sell | Citigroup |
| 4/9/2024 | $66.00 → $75.00 | Neutral → Buy | Goldman |
| 3/22/2024 | $69.00 | Neutral | Piper Sandler |
| 11/30/2023 | $68.00 | Hold | HSBC Securities |
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
10-Q - MOLSON COORS BEVERAGE CO (0000024545) (Filer)
8-K - MOLSON COORS BEVERAGE CO (0000024545) (Filer)
8-K - MOLSON COORS BEVERAGE CO (0000024545) (Filer)
Piper Sandler analyst Michael Lavery maintains Molson Coors Beverage (NYSE:TAP) with a Neutral and lowers the price target from $69 to $57.
Jefferies analyst Kaumil Gajrawala maintains Molson Coors Beverage (NYSE:TAP) with a Hold and lowers the price target from $61 to $57.
Barclays analyst Lauren Lieberman downgrades Molson Coors Beverage (NYSE:TAP) from Equal-Weight to Underweight and lowers the price target from $55 to $47.
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
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
The deal adds resources to expand ZOA's distribution and awareness while bolstering Molson Coors' total-beverage portfolio 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 sales continue to outpace the broader category, the deal signals Molson Coors' belief in ZOA's growth po
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
SC 13G/A - MOLSON COORS BEVERAGE CO (0000024545) (Subject)
SC 13G/A - MOLSON COORS BEVERAGE CO (0000024545) (Subject)
SC 13G/A - MOLSON COORS BEVERAGE CO (0000024545) (Subject)
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
4 - MOLSON COORS BEVERAGE CO (0000024545) (Issuer)
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