Molson Coors stock dips after reaffirming soft Q1 guidance

Yahoo Finance Video
5,359 次觀看・2 個月前

Shares of Molson Coors Beverage (TAP) are trading lower on Tuesday morning as the company reported its first quarter earnings, reiterating its soft 2024 guidance due to softness observed in the US and Canadian markets. Although the company remains cautious, the company did post an increase in net sales totaling $2.59 billion, a 10.7% increase year-over-year.

Yahoo Finance Anchors Madison Mills and Seana Smith break down the latest developments for Molson Coors and how younger generations' movement away from alcohol may impact the company.

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This post was written by Nicholas Jacobino