Molson Coors Brewing is a global beverage company known for its wide array of alcoholic and non-alcoholic beverages, with a particular emphasis on beer. The company focuses on brewing high-quality products under a diverse portfolio of brands, including well-known names in the beer industry as well as various craft, import, and specialty beers. In addition to beer, Molson Coors is also expanding into flavored malt beverages and non-alcoholic options to cater to evolving consumer preferences. With a commitment to sustainability and innovation, the company seeks to enhance its market presence both domestically and internationally while delivering enjoyable experiences to consumers. Read More
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
Shares of beer company Molson Coors (NYSE:TAP)
fell 3% in the morning session after concerns grew over the impact of new weight-loss drugs on alcohol sales, a factor cited by Piper Sandler when the firm lowered its price target on the stock. The investment firm cut its price target to $50 from $52, citing recent developments in GLP-1 drugs and other regulatory factors. These types of drugs, often used for weight loss, were believed to be negatively impacting alcohol consumption. This view was previously shared by Molson Coors' former CEO, Gavin Hattersley, who had noted the adverse effects of these drugs. The adjustment from the analyst firm highlighted the increasing caution regarding the potential for these drugs to dampen demand for alcoholic products.
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Shares of beer company Molson Coors (NYSE:TAP)
jumped 3.6% in the afternoon session after the company announced its Madrí Excepcional brand surpassed £1 billion in annual sales as the brand celebrated its fifth anniversary.
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The Board of Directors of Molson Coors Beverage Company (NYSE: TAP, TAP.A) today declared a regular quarterly dividend on its Class A and Class B common stock of US$0.47 per share, payable December 19, 2025, to stockholders of record on December 5, 2025. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company.
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Beer company Molson Coors (NYSE:TAP) missed Wall Street’s revenue expectations in Q3 CY2025, with sales falling 2.3% year on year to $2.97 billion. Its GAAP loss of $14.79 per share decreased from $0.96 in the same quarter last year.
Molson Coors (TAP) reported a Q3 2025 revenue and earnings miss, leading to a $2.93B net loss due to major impairment charges. The stock fell on the news.
Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE: TAP, TAP.A; TSX: TPX.A, TPX.B) today reported results for the 2025 third quarter.
