Molson Coors slips after cutting annual forecasts

Molson Coors Beverage

05/11/2026 12:56

** Molson Coors Beverage TAP.N shares fall 2.9% to $41.89 premarket
** Beer maker now sees 2026 net sales declining 1% to 2%, on constant currency, compared with prior view of 1% to -1% range
** Revises FY underlying EPS decline view to 16%-19% from 11%-15% seen earlier
** Cites global macroeconomic impacts, consumer behavior
** Says global beer volume trend softness of Q2, Q3 to persist in Q4
** Q3 net sales, adj EPS miss estimates
** Up to last close, TAP down about 8% YTD

 (Reporting by Shania S Thomas in Bengaluru)
 ((shanias.thomas@thomsonreuters.com))