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Molson Coors EMEA&APAC CEO Whitehead on medical leave; Kerry named interim
Philip Whitehead temporarily steps away as President & CEO of EMEA&APAC due to a medical condition.
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Molson Coors issues $1.5B USD + C$500M senior notes for refinancing
Issued $500M 4.900% notes due 2031 and $1B 5.500% notes due 2036.
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Molson Coors prices $1.5B USD and C$500M senior notes offerings
$500M 4.900% notes due 2031 and $1B 5.500% notes due 2036 sold via underwriting agreement.
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Stockholders elect all director nominees, approve say-on-pay, ratify PwC at 2026 annual meeting
All 11 Class A director nominees elected with >99% for; Roger G. Eaton received 52.7M withheld votes among Class B.
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Molson Coors Q1 GAAP net income $151.3M ($0.80 EPS); underlying EPS $0.62 (+24%)
GAAP diluted EPS $0.80; net income $151.3M; underly. diluted EPS $0.62 up 24% YoY.
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Molson Coors Q4 underlying EPS $1.21 (-6.9% YoY); board adds $2B to buyback
Q4 net sales $2.66B, down 2.7% reported; full-year net sales $11.14B, down 4.2%.
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CCO Michelle St. Jacques departs Molson Coors; severance includes $750K pay, $675K bonus
Michelle St. Jacques (Chief Commercial Officer) departed effective Nov 14, 2025.
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Molson Coors Q3 GAAP loss from $3.6B goodwill impairment; underlying EPS down 7.2%
Net sales decreased 2.3% reported, 3.3% constant currency.
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Molson Coors announces Americas restructuring, eliminating ~400 salaried positions, expects $35M-$50M charges
Approximately 400 salaried positions eliminated (~9% of Americas salaried workforce) by end of Dec 2025.
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Molson Coors CCO Michelle St. Jacques to depart effective Nov 14, 2025
Michelle St. Jacques, Chief Commercial Officer, will leave the company effective November 14, 2025.
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Rahul Goyal appointed CEO of Molson Coors, succeeding Gavin Hattersley on Oct 1
Rahul Goyal, formerly Chief Strategy Officer, named President and CEO effective Oct 1, 2025; also joins Board.
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Molson Coors Q2 underlying EPS $2.05; cuts 2025 guidance to 3-4% sales decline, 12-15% earnings decline
Net sales fell 1.6% reported (2.6% constant currency); GAAP net income $428.7M ($2.13 diluted EPS).
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Molson Coors extends revolving credit facility maturity by one year to June 2030
Extended maturity of revolving credit facility from June 26, 2029 to June 26, 2030.
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Stockholders approve amendment to Molson Coors incentive plan, adding 5M shares and extending term to 2035
Approved amendment to incentive compensation plan, adding 5,000,000 shares of Class B common stock and extending term to May 14, 2035.
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Molson Coors Q1 net sales down 11.3%; cuts full-year guidance across key metrics
Net sales decreased 11.3% reported; GAAP net income $121M ($0.59 diluted EPS).
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Molson Coors CEO Gavin Hattersley to retire by end of 2025; board launches CEO search
Hattersley, President and CEO since Sept 2019, will retire by Dec 31, 2025; no disagreement with company.
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Director Julia M. Brown to retire from Molson Coors board at 2025 annual meeting
Julia M. Brown notified board on March 4, 2025 of her intent to retire as Class A Director.
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Molson Coors FY2024 EPS $5.35; underlying EPS $5.96 (+9.8%); FY2025 guidance aligned with long-term algorithm
Q4 net sales -2.0% reported (-1.9% CC); FY net sales -0.6%.
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Molson Coors Q3 net sales -7.8%, underlying EPS $1.80 (-6.2%); cuts top-line guidance, reaffirms bottom-line
Net sales down 7.8% reported; U.S. GAAP pretax income $331.4M (-39.1%); underlying pretax income $479.5M (-8.7% constant currency).
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Molson Coors EMEA&APAC CEO Sergey Yeskov resigns effective Oct 17, 2024
Sergey Yeskov resigned as President & CEO EMEA&APAC for personal reasons; placed on garden leave until Dec 31, 2024.
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Molson Coors Q2 net sales flat, income before taxes +26.9% GAAP; reaffirms FY guidance
Net sales decreased 0.4% reported (0.1% constant currency); underlying pretax income +5.2% constant currency.
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Molson Coors amends credit agreement, extends maturity to 2029 and switches to CORRA
Entered Amendment No.1 to $2B credit agreement on June 3, 2024; maturity extended from June 26, 2028 to June 26, 2029.
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Molson Coors issues €800M 3.800% Senior Notes due 2032 to refinance maturing debt
Issued €800M aggregate principal of 3.800% Senior Notes due 2032; net proceeds ~€793.5M.
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Molson Coors issues €800M 3.800% Senior Notes due 2032
€800M aggregate principal of 3.800% Senior Notes due 2032 issued under underwriting agreement dated May 22, 2024.
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Molson Coors 2024 annual meeting elects directors, approves say-on-pay and auditor ratification
All Class A and Class B director nominees elected with majority support; Class B nominee H. Sanford Riley received ~53M withheld votes.
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Molson Coors Q1 net sales up 10.7%, underlying EPS $0.95 (+75.9%); reaffirms FY guidance
Net sales growth of 10.7% reported, 10.1% constant currency, driven by both business units.
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Molson Coors FY23 net sales +9.4%, underlying income before taxes +36.9%; guides FY24 growth
Q4 net sales +6.1% reported (+5.0% constant currency); GAAP income before taxes $165.5M, improved $729.6M.
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Molson Coors appoints Jill Timm to board; director Louis Vachon retires
Jill Timm, CFO of Kohl's since 2019, appointed independent director effective Dec 16, 2023.
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Molson Coors Q3 net sales up 12.4%; raises full-year bottom-line guidance
Net sales increased 12.4% reported; U.S. GAAP income before taxes up 99.3% to $544M.
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Molson Coors authorizes $2B buyback of Class B common stock
New $2B repurchase program for Class B common stock, effective immediately, with a five-year term.
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Molson Coors Q2 net sales +12%; underlying income +53%; raises FY guidance
Net sales +11.8% (+12.1% constant currency) on positive pricing, mix, higher volumes.
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Molson Coors enters $2.0B revolving credit facility maturing June 2028
Five-year $2.0B revolving credit facility, replace prior 2017 agreement.
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Molson Coors annual meeting results; all director nominees elected, say-on-pay approved
All 11 Class A and 3 Class B director nominees elected with majority support. Top vote-getter: Leroy J. Williams, Jr. (5,132,148 Class A votes for).
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Molson Coors Q1 net sales up 5.9%; underlying income before tax up 82.8% cc
GAAP income before taxes $101.9M declined 41.3%; underlying income $157.8M up 82.8% constant currency.
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Molson Coors Chief Legal Officer Anne-Marie D'Angelo resigns; consulting agreement through Dec 2023
Anne-Marie D'Angelo resigns as Chief Legal and Government Affairs Officer effective April 6, 2023, for personal reasons.
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Molson Coors announces departure of President Peter Marino; appoints Michelle St. Jacques as CCO
Peter Marino, President Emerging Growth, departs effective April 30, 2023; severance agreement expected.
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Molson Coors Q4 GAAP loss $564M on $845M goodwill impairment; underlying income up 51%
Q4 net sales $2,629.5M (+0.4% reported, +3.8% constant currency); financial volumes -6.9%.
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Molson Coors Q3 net sales up 4% to $2.94B; GAAP EPS $0.99, underlying EPS $1.32
Net sales $2,935M (+4.0% reported, +7.9% constant currency); brand volumes down 2.0%.
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Molson Coors Q2: underlying EPS $1.19, down 24.7%; net sales +2.2% constant currency; reaffirms FY guidance
Net sales $2,921.7M, down 0.6% reported, +2.2% constant currency; brand volumes declined 1.8%.
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Molson Coors amends bylaws with exclusive federal forum; shareholders elect directors and approve executive pay
Bylaw amendments adopt exclusive federal forum for Securities Act claims and revise director nomination procedures.
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Molson Coors Q1 net sales +16.7% to $2.21B; non-GAAP EPS $0.29 vs $0.01 YoY
Net sales $2,214.6M +16.7%; GAAP net income $151.5M ($0.70 diluted EPS) vs $84.1M.
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Molson Coors Q4 net sales up 14.2%, Non-GAAP EPS $0.81 (+102.5%); raises dividend 12%
Q4 net sales $2,619M, +14.2% reported (+13.7% constant currency); GAAP net income $80M ($0.37 diluted).
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Molson Coors Europe President Simon Cox to retire Dec 31; Sergey Yeskov named successor effective Jan 1, 2022
Simon Cox, President & CEO Europe, to retire effective Dec 31, 2021; retirement not due to any disagreement with the company.
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Molson Coors Q3 net sales up 2.5%; GAAP EPS $2.08; reaffirms 2021 guidance
Net sales $2.82B, up 2.5%; Underlying EBITDA $642.6M down 10.9% constant currency on higher COGS and marketing spend.
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Molson Coors amends credit agreement to replace LIBOR with SONIA and EURIBOR for GBP and EUR borrowings
Entered Amendment No. 3 to $1.5B credit agreement on Oct 5, 2021, updating interest rate benchmarks.
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Molson Coors Chief Legal Officer E. Lee Reichert to retire Sept. 17, 2021
E. Lee Reichert, Chief Legal & Government Affairs Officer, notified company on Aug. 4, 2021 of retirement.
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Molson Coors Q2 net sales up 17.4%; reinstates dividend, reaffirms FY guidance
Net sales $2,939.4M, +17.4% reported (+13.7% constant currency); above-premium brand volumes at record share.