---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-017055"
form_type: "8-K"
ticker: "TAP"
cik: "0000024545"
company_name: "MOLSON COORS BEVERAGE CO"
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:12:52.559544+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Molson Coors Q4 underlying EPS $1.21 (-6.9% YoY); board adds $2B to buyback

## Summary
- Q4 net sales $2.66B, down 2.7% reported; full-year net sales $11.14B, down 4.2%.
- Q4 underlying diluted EPS $1.21 vs $1.30 prior year; full-year underlying EPS $5.42, down 9.1%.
- Full-year GAAP net loss $2.14B, driven by $3.65B goodwill impairment and $273.9M intangible impairments.
- Board approved $2.0B increase to Class B buyback, total authorization $4.0B, extended to Dec 2031.
- Financial volume declined 8.6% for full year; brand volume declined 5.4% amid industry headwinds.

## SEC filing metadata
- accession: 0001104659-26-017055
- form_type: 8-K
- ticker: TAP
- cik: 0000024545
- company_name: MOLSON COORS BEVERAGE CO
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24545/000110465926017055/0001104659-26-017055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24545/000110465926017055/tm266541d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-017055
- JSON: https://secwatch.observer/filing/0001104659-26-017055.json
- Plain text: https://secwatch.observer/filing/0001104659-26-017055.txt

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