---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001200"
form_type: "8-K"
ticker: "TAP"
cik: "0000024545"
company_name: "MOLSON COORS BEVERAGE CO"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:24:20.684730+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Molson Coors Q2 net sales +12%; underlying income +53%; raises FY guidance

## Summary
- Net sales +11.8% (+12.1% constant currency) on positive pricing, mix, higher volumes.
- GAAP income before taxes $441.1M versus $54.9M a year ago; diluted EPS $1.57.
- Underlying income before taxes $502.2M, +52.6% constant currency; underlying EPS $1.78 (+49.6%).
- Raises 2023 full-year guidance; continues reinvesting in the business.
- Strategy Day scheduled for October 3, 2023 in New York City.

## SEC filing metadata
- accession: 0001157523-23-001200
- form_type: 8-K
- ticker: TAP
- cik: 0000024545
- company_name: MOLSON COORS BEVERAGE CO
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/24545/000115752323001200/0001157523-23-001200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24545/000115752323001200/a53491319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001200
- JSON: https://secwatch.observer/filing/0001157523-23-001200.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001200.txt

## Key facts
- Earnings Releases
  MOLSON COORS BEVERAGE CO reported the fiscal quarter ended June 30, 2023 results: net income $342.4 million, EPS $1.57 per share. Guidance raised.
  - Period: the fiscal quarter ended June 30, 2023
  - Net income: $342.4 million
  - EPS: $1.57 per share
  - Guidance: raised
  - Result: reported results
  source text: Attached as Exhibit 99.1 is a copy of a news release of Molson Coors Beverage Company (the “Company”), dated August 1, 2023, reporting the Company’s financial results for the fiscal quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/24545/000115752323001200/0001157523-23-001200-index.htm

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