{"schema_version":"secwatch.filing_event.v1","accession":"0000024545-24-000010","form_type":"8-K","ticker":"TAP","cik":"0000024545","company_name":"MOLSON COORS BEVERAGE CO","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.480234+00:00","generated_at":"2026-06-03T04:53:11.567955+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Molson Coors Q1 net sales up 10.7%, underlying EPS $0.95 (+75.9%); reaffirms FY guidance","bullets":["Net sales growth of 10.7% reported, 10.1% constant currency, driven by both business units.","U.S. GAAP income before taxes $265.4M (+160.5%); underlying income before taxes $258.8M (+68.8% constant currency).","Underlying diluted EPS $0.95, up 75.9% YoY, reflecting strong operational leverage.","Double-digit brand volume growth for Coors Light and Coors Banquet; high-single-digit for Miller Lite in U.S.","Company reaffirms 2024 guidance for top- and bottom-line growth but notes cautious industry outlook due to April softness."],"urls":{"canonical":"https://secwatch.observer/filing/0000024545-24-000010","json":"https://secwatch.observer/filing/0000024545-24-000010.json","markdown":"https://secwatch.observer/filing/0000024545-24-000010.md","text":"https://secwatch.observer/filing/0000024545-24-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/24545/000002454524000010/0000024545-24-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/24545/000002454524000010/tap-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:53:11.567955+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"941a0d1e5a2db7a644f765a81869db29cf4ba6c2","claim":"MOLSON COORS BEVERAGE CO reported the 2024 first quarter results: revenue Net sales increased 10.7% reported and 10.1% in constant currency, net income U.S. GAAP net income attributable to MCBC of $207.8 million, $0.97 per share on a diluted basis, EPS $0.97 per share on a diluted basis. Guidance reaffirmed.","evidence_excerpt":"Molson Coors Beverage Company Reports 2024 First Quarter Results Delivers First Quarter Top-Line Growth of 10.7% with Growth Across Both Business Units First Quarter Income Before Income Taxes Increases 160.5%, while Underlying Income Before Income Taxes Increases 68.8% on a Constant Currency Basis Reaffirms 2024 Full Year Guidance for Top-Line and Bottom-Line Growth","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/24545/000002454524000010/0000024545-24-000010-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 2024 first quarter"},{"label":"Revenue","value":"Net sales increased 10.7% reported and 10.1% in constant currency"},{"label":"Net income","value":"U.S. GAAP net income attributable to MCBC of $207.8 million, $0.97 per share on a diluted basis"},{"label":"EPS","value":"$0.97 per share on a diluted basis"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}