---
schema_version: "secwatch.filing_event.v1"
accession: "0000024545-26-000070"
form_type: "8-K"
ticker: "TAP"
cik: "0000024545"
company_name: "MOLSON COORS BEVERAGE CO"
filed_at: "2026-08-06T10:34:03+00:00"
generated_at: "2026-08-06T10:35:28.117214+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000024545-26-000070
- form_type: 8-K
- ticker: TAP
- cik: 0000024545
- company_name: MOLSON COORS BEVERAGE CO
- filed_at: 2026-08-06T10:34:03+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24545/000002454526000070/0000024545-26-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24545/000002454526000070/tap-20260806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000024545-26-000070
- JSON: https://secwatch.observer/filing/0000024545-26-000070.json
- Plain text: https://secwatch.observer/filing/0000024545-26-000070.txt

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