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04.11.25 - 15:30
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Molson Coors Beverage Slips To Loss In Q3 (AFX)
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OTTAWA (dpa-AFX) - Molson Coors Beverage Company (TAP), a wide range of beverages producer and seller, Tuesday reported it slipped to loss for the third quarter from earnings compared to last year......
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04.11.25 - 12:36
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Molson Coors Beverage Company Reports 2025 Third Quarter Results (Business Wire)
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GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--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.
2025 THIRD QUARTER FINANCIAL HIGHLIGHTS1
Net sales decreased 2.3% reported and 3.3% in constant currency.
U.S. GAAP loss before income taxes of $3,495.5 million declined $3,826.9 million from income before income taxes in the prior year largely driven by a $3,645.7 million non-cash partial goodwill impairment charge as well as $273.9 million non-cash intangible asset impairment charges.
Underlying (Non-GAAP) income before income taxes was $426.0 million, a decrease of 11.9% in constant currency.
U.S. GAAP net loss attributable to MCBC of $2,927.6 million, $14.79 loss per share on a diluted basis. Underlying (Non-GAAP) diluted EPS of $1.67 decreased 7.2%.
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1 See Appendix for definitions and reconciliations of non-GAAP financial measures including constant ...
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20.10.25 - 15:03
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Molson Coors Beverage Company Announces Corporate Restructuring of Americas Business Unit (Business Wire)
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The company aims to create a leaner, faster organization, eliminating approximately 400 salaried positions across its Americas business by the end of 2025CHICAGO--(BUSINESS WIRE)--Molson Coors Beverage Company ("Molson Coors" or “the company”) (NYSE: TAP, TAP.A) today announced a corporate restructuring plan, designed to create a leaner, more agile Americas organization while advancing its ability to reinvest in the business and position the company for future growth.
In total, the company plans to eliminate approximately 400 salaried positions across its Americas business by the end of December 2025 – including hundreds of salaried positions that were already open from role prioritization efforts put in place earlier this year, and those who may be granted voluntary severance as part of this restructuring. The plan is estimated to result in the reduction of approximately 9% of the company's Americas business salaried workforce.
“We've made progress on our transformation journey, but g...
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