Molson Coors (TAP) Gains as Q2 Earnings & Sales Beat Estimates
TAPMolson Coors(TAP) ZACKS·2024-08-07 01:01

Molson Coors Beverage Company (TAP) has posted impressive second-quarter 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. The results have been mainly aided by an improved price and sales mix, offset by adverse currency, and soft financial and brand volumes, led by lower contract brewing volumes.The quarterly results reflect significant progress against the Acceleration Plan. Progress on its premiumization strategy varies across markets. The compa ...