Molson Coors Earnings Reports

Molson Coors' Q1 2025 saw declines in net sales, operating income, and net income, primarily due to lower financial volumes and cost inflation, despite favorable pricing and brand mix strategies.

Molson Coors reported a 2.0% decline in revenue for Q4 2024, mainly due to lower financial volumes. Despite this, net income saw a significant increase of 178.6%, driven by pricing and cost efficiencies. Adjusted EPS grew 9.2% year-over-year.

Molson Coors reported a decrease in net sales by 7.8% in the third quarter of 2024. The U.S. market faced macroeconomic challenges, while EMEA&APAC and Canada showed strong performance. The company reaffirmed its bottom-line growth guidance for the year, while adjusting top-line guidance due to U.S. market conditions.

Molson Coors reported a slight decrease in net sales but a significant increase in income before income taxes. The company reaffirmed its full-year guidance for top-line and bottom-line growth, driven by pricing and mix, cost savings, and innovation.

Molson Coors reported a 10.7% increase in net sales and a 160.5% increase in U.S. GAAP income before income taxes for the first quarter of 2024. The company reaffirmed its full-year guidance for top-line and bottom-line growth, driven by the strength of its core power brands and above-premium portfolio.

Molson Coors reported a strong fourth quarter and full year in 2023. Full year net sales grew 9.3% on a constant currency basis, while underlying income before income taxes increased 36.9% on a constant currency basis. The company achieved the highest reported top and bottom-line figures in its history.

Molson Coors reported strong Q3 2023 results, with net sales increasing by 12.4% and income before income taxes increasing by 99.3%. The company is reaffirming its top-line guidance and raising its underlying income before income tax guidance for the full year 2023.

Molson Coors reported an 11.8% increase in net sales and a 703% increase in income before income taxes for the second quarter of 2023. The company raised its full-year financial guidance, reflecting confidence in its core brands and strategic initiatives.

Molson Coors reported a net sales increase of 5.9% and an underlying income before income taxes increase of 83% on a constant currency basis for the first quarter of 2023. The company reaffirmed its full-year 2023 guidance, expecting continued growth while navigating global inflationary pressures.

Molson Coors reported a net sales increase of 0.4% and 3.8% in constant currency for Q4 2022. The U.S. GAAP loss before income taxes was $(564.1) million, which included a non-cash $845 million partial goodwill impairment charge in the Americas segment. Underlying income before income taxes increased 51.1% in constant currency.

Molson Coors reported a net sales increase of 4.0% and 7.9% in constant currency, driven by positive net pricing and favorable sales mix. The company reaffirmed its 2022 guidance for top and bottom-line growth, while earnings per share was $0.99 and non-GAAP diluted earnings per share was $1.32.

Molson Coors reported a decrease in net sales by 0.6% but an increase of 2.2% in constant currency. U.S. GAAP net income attributable to MCBC was $47.3 million, or $0.22 per share on a diluted basis. Non-GAAP diluted EPS was $1.19.

Molson Coors reported a strong first quarter in 2022, with net sales increasing by 16.7% and U.S. GAAP net income attributable to MCBC increasing by 80.1%. The company reaffirmed its 2022 guidance for top and bottom-line growth, driven by the revitalization plan and focus on cost management.

Molson Coors reported a 14.2% increase in net sales and a 102.5% increase in non-GAAP diluted EPS for the fourth quarter of 2021. The company issued 2022 guidance for top and bottom-line growth, continuing to deliver on its revitalization plan and premiumizing its portfolio. The Board of Directors also raised the quarterly dividend by 12% to $0.38 per share.

Molson Coors Beverage Company reported its third-quarter results, showing a revenue increase of 2.5% and a non-GAAP diluted EPS increase of 8.0%. The company reaffirmed its key financial guidance for 2021, driven by strong net pricing and positive brand and channel mix, which offset lower financial volumes.

Molson Coors reported strong second-quarter results, marked by a 17.4% increase in net sales revenue. The company's revitalization plan and premiumization strategy drove growth, with above-premium brand volumes reaching record levels in the U.S. and Europe. Improved financial flexibility allowed for reinvestment in the business, balance sheet deleveraging, and reinstatement of a dividend.

Molson Coors faced significant challenges in Q1 2021, including a cybersecurity incident and weather-related disruptions, but still made progress on its revitalization plan. The company's iconic core beers gained strength and the above-premium portfolio grew, particularly with the launch of Topo Chico Hard Seltzer. Molson Coors is reaffirming its guidance for the year and expects to reinstate a dividend in the second half of 2021.

Molson Coors reported a decrease in net sales revenue by 7.7% and a net loss of $1.4 billion for the fourth quarter of 2020, primarily driven by declines in Europe and Canada due to coronavirus pandemic restrictions and a $1.5 billion Europe goodwill impairment charge. However, U.S. net sales revenue increased by 1.9%. The company is reinstating financial guidance for 2021 and expects to reinstate a dividend in the second half of the year.

Molson Coors reported a decrease in net sales revenue by 3.1% and an increase in U.S. GAAP net income to $343 million. Non-GAAP EPS increased by 9.5%, and underlying EBITDA increased by 0.5% in constant currency.

Molson Coors reported a decrease in net sales revenue by 15.1% and a decrease in U.S. GAAP net income of 40.8%. However, non-GAAP EPS increased by 2.0%. The company is taking steps to mitigate the short-term business challenges of the coronavirus and position the business for long-term success.

Molson Coors reported an 8.7% decrease in net sales and a net loss of $117 million for Q1 2020, primarily due to the adverse impacts of the coronavirus pandemic, including on-premise channel closures and related keg returns. The company is implementing mitigating actions focused on employee safety, deleveraging, and liquidity.

Molson Coors Beverage Company reported a 2.8% increase in net sales and a 115.4% increase in net income for the fourth quarter of 2019. The company's underlying EPS increased by 21.4% to $1.02, and underlying EBITDA increased by 15.8% to $563.1 million.