Molson Coors Q2 GAAP income before taxes down 49% to $283.1M; underlying EPS $1.58

MOLSON COORS BEVERAGE CO

Net sales decreased 3.3% reported (3.6% constant currency); GAAP net income $231.7M ($1.23 diluted EPS).
Underlying (non-GAAP) income before taxes down 27.8% constant currency to $383.2M; underlying diluted EPS $1.58, down 22.9%.
CEO cites progress on Horizon 2030, Coors Banquet and Peroni performance, Fever-Tree momentum, Monaco Cocktails strong first quarter.
CFO reaffirms full-year guidance; capital allocation includes M&A, debt refinancing, dividends, and share buybacks.
Cost savings initiatives partially offset commodity cost inflation and lower financial volumes.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.