earnings
confidence high
sentiment positive
materiality 0.75
Molson Coors Q4 net sales up 14.2%, Non-GAAP EPS $0.81 (+102.5%); raises dividend 12%
MOLSON COORS BEVERAGE CO
- Q4 net sales $2,619M, +14.2% reported (+13.7% constant currency); GAAP net income $80M ($0.37 diluted).
- Non-GAAP diluted EPS $0.81, +102.5% YoY; Underlying EBITDA $457M, +21.9% constant currency.
- Full year net sales $10,280M, +6.5% reported; Non-GAAP diluted EPS $4.15, +5.9%.
- Board raised quarterly dividend 12% to $0.38/share; net debt reduced by $0.9B in 2021.
- Issued 2022 guidance for top and bottom-line growth; portfolio premiumization highlighted.