This summer's best happy hour deal isn't at your local bar [MSNBC.com]
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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Source: MSNBC.com
Budget drinkers might want to skip the bar and raise a glass at home this summer.Alcohol prices are up 2%The booze squeeze comes as households rethink what they spend on food and drinks at home versus out and about. With grocery prices 1.1% higher than a year ago but restaurant checks up a steeper 4.1%, manyeateries are seeing slower demanddiners balk at climbing menu pricesConsumers have long been used to paying a premium for drinks outside the house, but the inflation gap is stark heading into the summer: Prices for distilled spirits and wine consumed at home each rose just 0.8% from April 2023 to last month. Liquor prices at home fell 1% between March and April — a period when alcohol prices overall have been largely flat or declining slightly.Even so, costs for alcoholic beverages are 15% higher than before the pandemic, federal data shows.Bars will have happy hours and things, but they’re very restricted promotions.Neil Saunders, managing director at Global Data“That’s quite a lo
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TAP
Earnings
- 8/6/24 - Beat
TAP
Sec Filings
- 10/18/24 - Form 8-K
- 10/4/24 - Form 4
- 10/2/24 - Form 4
- TAP's page on the SEC website