---
schema_version: "secwatch.filing_event.v1"
accession: "0000024545-25-000019"
form_type: "8-K"
ticker: "TAP"
cik: "0000024545"
company_name: "MOLSON COORS BEVERAGE CO"
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T21:07:29.097746+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Molson Coors Q2 underlying EPS $2.05; cuts 2025 guidance to 3-4% sales decline, 12-15% earnings decline

## Summary
- Net sales fell 1.6% reported (2.6% constant currency); GAAP net income $428.7M ($2.13 diluted EPS).
- Underlying (non-GAAP) diluted EPS $2.05, up 6.8% YoY.
- Full-year 2025 guidance lowered: net sales now -3% to -4% constant currency (vs. prior low single-digit decline).
- Underlying income before taxes now -12% to -15% constant currency; underlying EPS now -7% to -10%.
- Underlying net interest expense guidance raised to $225M ±5%; free cash flow unchanged at $1.3B.

## SEC filing metadata
- accession: 0000024545-25-000019
- form_type: 8-K
- ticker: TAP
- cik: 0000024545
- company_name: MOLSON COORS BEVERAGE CO
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24545/000002454525000019/0000024545-25-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24545/000002454525000019/tap-20250805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000024545-25-000019
- JSON: https://secwatch.observer/filing/0000024545-25-000019.json
- Plain text: https://secwatch.observer/filing/0000024545-25-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.