---
schema_version: "secwatch.filing_event.v1"
accession: "0000024545-25-000037"
form_type: "8-K"
ticker: "TAP"
cik: "0000024545"
company_name: "MOLSON COORS BEVERAGE CO"
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:45:02.080297+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Molson Coors Q3 GAAP loss from $3.6B goodwill impairment; underlying EPS down 7.2%

## Summary
- Net sales decreased 2.3% reported, 3.3% constant currency.
- GAAP pre-tax loss of $3,495.5M driven by $3,645.7M goodwill and $273.9M intangible impairments.
- Underlying income before taxes $426.0M, down 11.9% constant currency.
- Underlying diluted EPS $1.67, down 7.2%; FY guidance reaffirmed at low end of ranges.
- CEO announces leadership team changes and Americas restructuring to create leaner organization.

## SEC filing metadata
- accession: 0000024545-25-000037
- form_type: 8-K
- ticker: TAP
- cik: 0000024545
- company_name: MOLSON COORS BEVERAGE CO
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24545/000002454525000037/0000024545-25-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24545/000002454525000037/tap-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000024545-25-000037
- JSON: https://secwatch.observer/filing/0000024545-25-000037.json
- Plain text: https://secwatch.observer/filing/0000024545-25-000037.txt

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