Revenue segments as reported by the company.

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Excise taxes

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Molson Coors Brewing

The Molson Brewery was formed in 1786 in Montreal, by the Molson family. In 2005, Molson merged with US-based Coors to form Molson Coors Brewing Company, the world's seventh-largest brewery at that time. Molson-Coors Canada Inc. is the name of the Canadian division of the Molson Coors Brewing Company. Molson's first brewery was located on the Saint Lawrence River in Montreal, where the company continues to maintain its operations today.

Molson Brewery

Sharp's Brewery is a British brewery founded in 1994 in St Minver Lowlands, Rock, Cornwall, by Bill Sharp. Since 2011, the brewery has been owned by Molson Coors. It is best known for its flagship ale Doom Bar, named after the notoriously perilous Doom Bar sandbank in north Cornwall.

Sharp's Brewery

Olde English 800 is a brand of American malt liquor produced by the Miller Brewing Company. It was introduced in 1964 and owned by Miller Brewing Company since 1999. It is available in a variety of serving sizes including, since the late 1980s, a forty ounce bottle. The name is a trade mark, and not a geographical indication as with Tennessee whiskey.

Olde English 800

MillerCoors is a beer brewing company in the United States. In 2002 South African Breweries purchased Miller Brewing Company to create SABMiller. In 2005, Molson Brewery of Canada and Coors Brewing Company merged to form the Molson Coors Brewing Company. Then, in 2008, SABMiller and Molson Coors created MillerCoors as a joint venture for their operations in the U.S. The company is the second-largest brewer in the U.S., after Anheuser-Busch.

MillerCoors

Keystone is a product of the Molson Coors Brewing Company in Golden, Colorado. It was first introduced in Chico, California in September 1989. Keystone can be found in canned, kegged, and occasionally, bottled form, with 4.9% ABV. Keystone Light has a 4.13% ABV; a concentration less than standard American lagers, and roughly equal to other macro "light" brews.

Keystone

The Miller Brewing Company is an American beer brewing company headquartered in Milwaukee, Wisconsin, that was owned until October 11, 2016 by the MillerCoors division of the SABMiller–Molson Coors joint venture. The company has brewing facilities in Albany, Georgia; Chippewa Falls, Wisconsin; Fort Worth, Texas; Irwindale, California; Milwaukee, Wisconsin; and Trenton, Ohio. On July 1, 2008, Miller formed MillerCoors, a joint venture with rival Molson Coors to consolidate the production and distribution of its products in the United States, with each parent company's corporate operations and international operations to remain separate and independent of the joint venture.

Miller Brewing Company

Henry's Soda is a brand of beers first brewed in 1856 in Portland, Oregon (USA). The brewery was owned by the brewer Henry Weinhard of the Weinhard family, who also made a line of soft drinks which survives to this day.

Henry's Soda

Carling is the UK's most popular beer brand (by volume sold). The company changed hands numerous times; it was acquired by Canadian Breweries Limited, which was eventually renamed Carling O'Keefe, which merged with Molson, which then merged with Coors to form Molson Coors Brewing Company. In South Africa the Carling brands are distributed by SABMiller.

Carling

Blue Moon is a Belgian-style witbier brewed by MillerCoors under the name the Blue Moon Brewing Co. It was launched in 1995, and was originally brewed in Golden, Colorado.

Blue Moon

Zima is a clear, lightly carbonated alcoholic beverage made and distributed by the Coors Brewing Company. Introduced in 1993, it was marketed as an alternative to beer, an example of what is now often referred to as a cooler, with 4.7–5.4% alcohol by volume. Its production in the United States ceased in October 2008, but the product is still marketed in Japan. On June 2, 2017, MillerCoors announced a limited release of Zima for the US market.

Zima

The Beer Store, is a Canadian privately owned chain of retail outlets selling beer and other malt beverages in the province of Ontario, Canada, founded in 1927. Owned at its inception by a consortium of Ontario-based brewers, it currently operates as a unique open retail and wholesale system jointly owned by 30 Ontario-based brewers. Under this ownership model, all qualified brewers are free to list their products without discrimination and set their own selling prices. These prices are subject only to basic LCBO price approval which must comply with legislated minimum and uniform pricing requirements.

The Beer Store

Molson Coors Beverage Co. is a holding company, which engages in the production and sale of beer. It operates through the following segments: Americas, and EMEA and APAC. The Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin, and South America. The EMEA and APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the UK, various other European countries, and certain countries within the Middle East, Africa, and Asia Pacific. The company was founded in 1786 and is headquartered in Golden, CO.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Molson Coors exceeds Q4 expectations, eyes growth through premiumization

Molson Coors delivered strong financial results in Q4 2022, focusing on premium brands and cost efficiencies. Despite inflationary challenges, the company remains optimistic about medium-term growth prospects through pricing strategies and innovation.

Molson Coors excels in Q1 2023, navigates challenges for growth

Molson Coors Brewing (TAP) reported robust Q1 2023 results, driven by strong core brand performance and strategic initiatives. While facing challenges like inflation and volume declines, the company is well-positioned to capitalize on opportunities in consumer trends and market dynamics.

Molson Coors Brewing reports record Q2 revenue and global growth

Molson Coors Brewing delivered a standout quarter with record revenue and global growth. Despite challenges from cost inflation and industry trends, the company's strategic investments and strong performance position it for continued success. With a focus on sustaining gains and driving growth, Molson Coors is poised for a promising future.

Molson Coors Brewing excels in Q3, eyes growth amid challenges

Molson Coors Brewing showcases robust financial performance, strategic capital allocation, and market share gains. Challenges in certain regions and market dynamics require cautious optimism and proactive strategies.

Molson Coors reports robust 2023 results, eyes sustained growth

Molson Coors' strong 2023 performance sets the stage for continued growth in 2024. Despite cost challenges, the company remains focused on long-term profitability and shareholder value. Opportunities in market share gains and brand strategies position Molson Coors for future success.

Molson Coors reports strong Q1 performance amidst industry challenges

Molson Coors remains confident in its full-year guidance despite industry challenges, focusing on core brand growth and market share gains. The company is cautious about industry volumes and outlook, while actively investing in sustainability and modernization.

Molson Coors reports steady Q2 performance amidst strategic focus

Molson Coors reported flat net sales revenue but showed growth in key financial metrics. The company's strategic focus on core brands and premiumization efforts is driving performance. Challenges include industry trends and addressing concerns raised by analysts. Opportunities exist in brand innovation and leveraging cash flow for growth.

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Net change in cash

Free cash flow

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.

Moody's upgrades Molson Coors by one notch and says it has enough cash to reduce debt while rewarding shareholders

BuildABear

BBW and TAP made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 9, 2023.

Best Value Stocks to Buy for November 9th

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VICI, TIMB and TAP made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 9, 2023.

Best Income Stocks to Buy for November 9th

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.

Molson Coors: Still One Of My Favorite Buys

Duckhorn Portfolio

Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Molson Coors Brewing (TAP) or The Duckhorn Portfolio, Inc. (NAPA). But which of these two companies is the best option for those looking for undervalued stocks?

TAP vs. NAPA: Which Stock Should Value Investors Buy Now?

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.

Molson Coors's stock jumps 2.4% after Deutsche Bank upgrade

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Molson Coors Brewing (TAP) is a Strong Growth Stock

Molson Coors Beverage Company (NYSE:TAP ) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Greg Tierney - Vice President of FP&A, Commercial Finance & Investor Relations Gavin Hattersley - President & Chief Executive Officer Tracey Joubert - Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Bryan Spillane - BofA Securities Andrea Teixeira - JPMorgan Peter Grom - UBS Bonnie Herzog - Goldman Sachs Filippo Falorni - Citigroup Inc. Vivien Azer - TD Cowen Robert Ottenstein - Evercore ISI Nadine Sarwat - Sanford C. Bernstein Eric Serotta - Morgan Stanley Christopher Carey - Wells Fargo Securities Operator Good day, and welcome to the Molson Coors Beverage Company Third Quarter Fiscal Year 2023 Earnings Conference Call.

Molson Coors Beverage Company (TAP) Q3 2023 Earnings Call Transcript

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The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Corporate buybacks turned higher in Q3 on a trailing four-quarter basis.

Buyback Announcement Trends Remain Tepid: 3 Consumer Stocks to Watch for Bullish Clues

Molson Coors' (TAP) Q3 results reflect gains from strength in its core brands and business units, solid pricing, and a favorable sales mix, offset by consumer inflationary pressures.

Molson Coors (TAP) Q3 Earnings & Sales Beat on Brand Strength

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.

Molson Coors raises full-year core profit forecast after 3Q earnings top estimates

Although the revenue and EPS for Molson Coors (TAP) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Molson Coors (TAP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Molson Coors Beverage Co.' stock TAP, +0.74% rose 1.4% premarket Thursday, after the brewer beat estimates for the third quarter by a wide margin and raised profit guidance. The company posted net income of $430.7 million, or $1.98 a share, in the third quarter, almost double the $216.4 million, or 99 cents a share, posted in the year-earlier period.

Molson Coors' stock pops premarket after earnings crush estimates and company raises profit guidance

GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2023 Third Quarter Results.

Molson Coors Beverage Company Reports 2023 Third Quarter Results

Molson Coors' (TAP) Q3 results are likely to reflect gains from strength in brands, premiumization of portfolio and pricing actions, offset partly by inflationary pressures.

Can Pricing Aid Molson Coors' (TAP) Q3 Earnings Amid Inflation?

Molson Coors (TAP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Molson Coors Brewing (TAP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Molson Coors Beverage Company has a divergence between Seeking Alpha and Wall Street quant ratings, indicating potential investment opportunity. TAP's stock price has trended lower since Q2 earnings release, but YTD increase is better than S&P 500. TAP compares favorably to peers, has a focus on non-alcoholic products, and has introduced a growth plan, making it a bullish investment option.

Molson Coors Beverage Is A Deep Value Buy

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Ian Bezek favors high moat companies and stable, consistent businesses with durable advantages.

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Why Molson Coors Brewing (TAP) is a Top Growth Stock for the Long-Term

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The Beverages - Alcohol industry has been in troubled waters due to adverse trends like elevated input and packaging costs, supply-chain costs, and marketing expenses. Persistent innovation, premiumization and digital endeavors place players like BUD, STZ, BF.B, TAP and SAM in a tough fight.

5 Alcohol Industry Stocks Poised to Counter Adverse Trends

Despite cost headwinds and a soft beer business, Molson Coors (TAP) is well-placed on brand strength, product innovation and its revitalization plan.

Here's Why Molson Coors (TAP) is Marching Ahead of Its Industry

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company to Webcast 2023 Third Quarter Earnings Conference Call.

Molson Coors Beverage Company to Webcast 2023 Third Quarter Earnings Conference Call

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.

Molson Coors: Coming Down Again After The Bud Light Controversy

Molson Coors (TAP) unveils its Acceleration Plan, building on the achievements of its 2019 Revitalization Plan. Its long-term financial outlook bodes well.

Molson Coors (TAP) Unveils Acceleration Plan, Long-Term Goals

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.

News for Molson Coors Brewing Stock (TAP)