Molson Coors slips after forecasting annual profit decline amid U.S. tariff pressures

Molson Coors Beverage Co

05/08/2025 13:08

** Shares of beer maker Molson Coors TAP.N down 1.2% at $48.01 premarket

** Co expects annual adjusted EPS to fall 7% to 10%, compared to its prior forecast of a low single-digit rise, hit by tariff impacts on costs of aluminum it uses for its beverage cans and macroeconomic uncertainty in the U.S.

** Co also expects net sales for the year to decline 3% to 4%, vs. previous expectations of a decline in the low single-digits

** However, TAP posted Q2 results beat on pricing growth and favorable timing of U.S. shipments despite soft macroeconomic conditions

** Up to last close, stock has fallen 15.2% YTD

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))