earnings
confidence high
sentiment neutral
materiality 0.70
Molson Coors Q2 net sales flat, income before taxes +26.9% GAAP; reaffirms FY guidance
MOLSON COORS BEVERAGE CO
2025-Q2 EPS reported
$2.99
revenue$6,887,400,000
- Net sales decreased 0.4% reported (0.1% constant currency); underlying pretax income +5.2% constant currency.
- GAAP income before taxes $559.9M (+26.9%); underlying diluted EPS $1.92 (+7.9%).
- Returned $353M to shareholders via dividends and share repurchases.
- U.S. distributor inventory built ahead of Fort Worth brewery strike (14 weeks ended May 2024).
- Exiting contract brewing arrangement impacting 900,000+ hectoliters; reaffirms FY 2024 top-line and bottom-line growth guidance.