Strong Brand, Innovation Craft Molson Coors' (TAP) Growth Story [Yahoo! Finance]
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
ir.molsoncoors.com/overview/default.aspx
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Source: Yahoo! Finance
Additionally, the company is well-placed on the back of its revitalization plan, commitment toward innovation and the premiumization of its global portfolio. Strong portfolio performance, strength in both business units, and continued momentum in Coors Light and Miller Lite in the United States have been aiding TAP's performance. Driven by these trends, Molson Coors reported top and bottom-line beats in the fourth quarter of 2023. Net sales grew 6.1% year over year and 5% on a constant-currency basis. Sales growth was driven by a positive price and sales mix, increased financial volumes, and the positive impacts of foreign currency. Additionally, the company's business trends and initiatives have been well-reflected in its share price. Shares of this Zacks Rank #2 (Buy) company have risen 10% in the year-to-date period against the industry's decline of 2.7%. TAP also fared better than the sector and the S&P 500's growth of 7.2% and 9.9%, respectively, in the same period. The Zac
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