News

Molson Coors’ TAP -0.46% 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 ...
Molson Coors has been building its portfolio of non-alcoholic beverage options. The company has brought on Fever-Tree, Naked Life and ZOA as alternatives to alcohol.
Citi upgraded Molson Coors (TAP) to Neutral from Sell with a price target of $57, up from $47. The firm says its fundamental thesis has largely played out, with Molson share trends moving to down ...
Molson Coors plans to build on the position Fever-Tree has already established in the U.S. by leveraging its core strengths, commercial scale and supply chain expertise to expand distribution ...
Molson Coors will lay off 90 employees in Chippewa Falls and Milwaukee as it consolidates production of Leinenkugel beers at the Miller Brewing Co. complex on the west side of Milwaukee. The ...
Molson Coors is also much cheaper than its peers from a valuation standpoint. It trades at just 9.6x expected 2024 earnings and at 9.3x expected 2025 earnings of $5.89 per share.
Molson Coors TAP -2.03%, the maker of Coors Light and Miller beers, is the latest company to pull some of its diversity policies and initiatives. The brewer said it would no longer participate in ...
American beer giant Molson Coors on Tuesday informed employees it has rolled back some of its diversity, equity and inclusion (DEI) policies, becoming the latest U.S. company to do so.
Shares of Molson Coors Beverage ( NYSE:TAP.A – Get Free Report) were down 1.4% during mid-day trading on Tuesday . The stock traded as low as $57.20 and last traded at $57.20. Approximately 66 ...
Molson Coors shares closed 5.4% higher at $53.90 Tuesday following the news, though even with Tuesday's gains, they've lost about 12% since the start of the year.
Workers at the Molson Coors brewery in south Fort Worth have been on strike since Feb. 17, 2024, asking for better wages and benefits that meet the rising cost of living.