Aug. 5 at 4:46 PM
Molson Coors Rises Despite Outlook Cut; Says Beer Demand Is Cyclical
Molson Coors cut its 2025 EPS forecast, now expecting a 7%–10% decline, versus prior guidance for a modest gain. Net sales are also seen falling 3%–4%, reflecting economic pressure, aluminum tariffs, and weaker U.S. market share.
Despite this, Q2 results beat estimates:
Adj. EPS:
$2.05 vs.
$1.82 est.
Sales:
$3.2B vs.
$3.09B est.
Volume: -7%; Pricing/mix: +4.4%
Net income:
$428.7M (+0.4% YoY)
CEO Gavin Hattersley said consumer interest in beer remains steady, but social occasions to drink are fewer amid macroeconomic headwinds. He called the industry softness “cyclical”, citing economic concerns, tariffs, and immigration policy.
TAP repurchased
$306.8M in stock H1 2025, signaling long-term confidence.
Comments echoed similar sentiment from Anheuser-Busch InBev on changing drinking habits among younger consumers.
Molson now sees U.S. beer industry down 4%–6% in H2 2025 (vs. prior -3%).
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