Molson Coors tops Q2 estimates despite beer volume declines, cuts 2025 outlook

Molson Coors tops Q2 estimates despite beer volume declines, cuts 2025 outlook

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Molson Coors tops Q2 estimates despite beer volume declines, cuts 2025 outlook

Summary

Molson Coors Beverage Co (NYSE:TAP) reported better-than-expected sales and profits for the second quarter, despite cont...

Molson Coors Beverage Co (NYSE:TAP) reported better-than-expected sales and profits for the second quarter, despite continued softness in beer volumes amid a challenging consumer environment. The North American beermaker reported revenue of $3.2 billion for the quarter, down 1.6% year-over-year but ahead of Wall Street estimates of $3.12 billion.