earnings
confidence high
sentiment positive
materiality 0.85
Molson Coors Q3 net sales up 12.4%; raises full-year bottom-line guidance
MOLSON COORS BEVERAGE CO
- Net sales increased 12.4% reported; U.S. GAAP income before taxes up 99.3% to $544M.
- Underlying income before income taxes rose 43.5% constant currency; underlying diluted EPS $1.92, up 45.5%.
- Net sales per hectoliter increased 8.9% reported and 7.6% in constant currency.
- U.S. GAAP net income attributable to MCBC $430.7M, $1.98 per diluted share.