---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000225"
form_type: "8-K"
ticker: "TAP"
cik: "0000024545"
company_name: "MOLSON COORS BEVERAGE CO"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:51:00.680353+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Molson Coors FY23 net sales +9.4%, underlying income before taxes +36.9%; guides FY24 growth

## Summary
- Q4 net sales +6.1% reported (+5.0% constant currency); GAAP income before taxes $165.5M, improved $729.6M.
- Full-year net sales +9.4% reported (+9.3% constant currency); GAAP income before taxes $1,252.5M, improved $1,315.0M.
- Full-year GAAP diluted EPS $4.37; Underlying diluted EPS $5.43, +32.4%; Underlying income before taxes $1,531.2M, +36.9%.
- Free cash flow $1,420.0M; net debt reduced $607.3M; share repurchases $205.8M (vs $51.5M prior year).
- FY2024 guidance expects continued net sales and underlying income before taxes growth in line with long-term growth algorithm.

## SEC filing metadata
- accession: 0001157523-24-000225
- form_type: 8-K
- ticker: TAP
- cik: 0000024545
- company_name: MOLSON COORS BEVERAGE CO
- filed_at: 2024-02-13T23:59:59+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/24545/000115752324000225/0001157523-24-000225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24545/000115752324000225/a53895363.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000225
- JSON: https://secwatch.observer/filing/0001157523-24-000225.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000225.txt

## Key facts
- Earnings Releases
  MOLSON COORS BEVERAGE CO reported financial results for fiscal quarter and fiscal year ended December 31, 2023.
  - Period: fiscal quarter and fiscal year ended December 31, 2023
  - 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 February 13, 2024, reporting the Company’s financial results for the fiscal quarter and fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/24545/000115752324000225/0001157523-24-000225-index.htm

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