Molson Coors Beverage Co Shs -B- Non-Voting
TAP: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| mY> | LOCK|wC? | LOCK|m??#@$ |
Molson Coors Earnings: Solid Cash Generation Despite Weak Demand and Cost Pressure; Shares Cheap
Molson Coors had a 3% drop in sales in constant currency and a 2% decrease in adjusted operating profit for the second quarter. The company has lowered its expectations for the year, predicting a 3%-4% decline in sales and a 7%-10% drop in adjusted EPS, compared with earlier forecasts of low growth.
