secwatch.observer — SEC 8-K summary
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Issuer:     MOLSON COORS BEVERAGE CO (TAP)
CIK:        0000024545
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0000024545-25-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/24545/000002454525000019/0000024545-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/24545/000002454525000019/tap-20250805.htm
  HTML page:      https://secwatch.observer/filing/0000024545-25-000019

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