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Stock impact report

Molson Coors (TAP) Q4 2024 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Molson Coors Beverage Company Class B (TAP) 
Last molson coors beverage company class b earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.molsoncoors.com/overview/default.aspx
Chief Executive Officer — Gavin Hattersley Chief Financial Officer — Tracey Joubert TAKEAWAYS Consolidated Net Sales Revenue -- Declined 1.9% in the quarter, impacted by the exit of low-margin contract brewing and volume headwinds in the U.S. Underlying Pretax Income -- Decreased 0.9% for the quarter, but for the full year rose 5.6%. Underlying Earnings Per Share -- Increased 9.2% in the quarter and 9.8% for the year, supported by lower tax rates and accelerated share repurchases. Americas U.S. Brand Volume -- Fell 3% in the quarter, but improved sequentially from the third quarter alongside moderating value-seeking behavior. Americas Financial Volume -- Dropped 6.7% in the U.S. due to the Pabst contract brewing exit (about 450,000 hectoliter headwind) and deliberate inventory build timing. EMEA and APAC Net Sales Revenue per Hectoliter -- Grew 7.8% in the quarter, offsetting volume declines from heightened competition and a softer Central/Eastern Europe market. Con Show less Read more
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