Molson Coors Class A
TAP.A

Market Cap: $12.1B

About: Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second-largest beer maker in both value and volume terms in the us, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the us given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.

Employees: 16,500

Consumer Staples Malt Beverages

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

50% more funds holding

Funds holding: 4 [Q1] → 6 (+2) [Q2]

9% more capital invested

Capital invested by funds: $3.48M [Q1] → $3.8M (+$321K) [Q2]

0.21% more ownership

Funds ownership: 2.04% [Q1] → 2.26% (+0.21%) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

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Research analyst outlook

We haven’t received any recent analyst ratings for TAP.A.

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Financial journalist opinion

Based on 6 articles about TAP.A published over the past 30 days

Molson Coors pumps the brakes on DEI practices

Molson Coors plans to cut supplier diversity quotas and DEI-based training programs, and sever ties with the LGBTQ+ advocacy group Human Rights' Campaigns' Corporate Equality Index. The brewer's decision comes after a wave of retailers over the summer took a step back in their DEI efforts.

Molson Coors pumps the brakes on DEI practices

Molson Coors pulls back from DEI, saying earlier programs have been ‘completed'

Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats last week.

Molson Coors pulls back from DEI, saying earlier programs have been ‘completed'

Molson Coors: Premiumization And Expertise Are Stock Price Drivers

Molson Coors' premiumization strategy in the EMEA and APAC regions drives net sales growth despite volume declines, supported by favorable pricing and sales mix. The company's reduction in net debt and consistent free cash flow growth indicate significant undervaluation, suggesting potential for stock price appreciation. TAP's stock repurchase program and strategic acquisitions, like Blue Run, enhance demand and net income growth, reinforcing the bullish outlook.

Molson Coors: Premiumization And Expertise Are Stock Price Drivers

CNBC Television

Tilray CEO Irwin Simon on Molson Coors deal

Tilray CEO Irwin Simon joins 'Money Movers' to discuss the company's push into the beer category, where the company's focus now exists, and much more.

Tilray CEO Irwin Simon on Molson Coors deal

Cananbis company Tilray buys four Molson Coors brewers as it looks to become ‘beacon for craft brands'

Tilray Inc.'s stock rose Tuesday after the Canadian cannabis company said it is paying an undisclosed sum for four craft-beer brewers from Molson Coors Beverage Co. to add to its presence in the U.S. alcoholic-beverage market.

Cananbis company Tilray buys four Molson Coors brewers as it looks to become ‘beacon for craft brands'

Tilray to buy four craft breweries from Molson Coors

Tilray Brands would buy four craft breweries from beer maker Molson Coors in a bid to expand business beyond its range of cannabis products, the company said on Tuesday.

Tilray to buy four craft breweries from Molson Coors

Proactive Investors

Molson Coors' profits soar in second quarter

Molson Coors Beverage Co (NYSE:TAP), the owner of Coors Light, Miller Lite and Carling, saw net income improve 23% year on year to $425.3 million in the three months to 30 June. Lower operating costs helped to support the bottom line despite sales of $3.8 billion coming in slightly lower than the second quarter of 2023.

Molson Coors' profits soar in second quarter

Molson Coors tops quarterly results on strong beer demand in Europe, Asia

Molson Coors beat Wall Street expectations for second-quarter sales and profit on Tuesday, driven by strong demand for its premium Coors Light and Miller Lite beers in the European and Asian regions.

Molson Coors tops quarterly results on strong beer demand in Europe, Asia

Molson Coors's stock rises on Q2 sales and earnings beat

Molson Coors Beverage Co. stock TAP, -3.33% is up 2.7% in premarket trades Tuesday after the beer maker reported better-than-expected second-quarters sales and earnings. Molson Coors said its second-quarter net income rose to $427 million, or $2.03 a share, from $342.4 million, or $1.57 a share, in the prior year's quarter.

Molson Coors's stock rises on Q2 sales and earnings beat

Molson Coors Beverage Company Reports 2024 Second Quarter Results

GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2024 Second Quarter Results.

Molson Coors Beverage Company Reports 2024 Second Quarter Results

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