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Molson Coors Beverage Company Class B

Logo Molson Coors Beverage Company Class B

Consumer Staples

Beverages (Production/Distribution)

Nasdaq

as 04-19-2024 4:00pm EST

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Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second-largest beer maker in both value and volume terms in the US, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the US given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.

Founded: 1873 Country:
United States
United States
Employees: N/A City: GOLDEN
Market Cap: 13.6B IPO Year: N/A
Target Price: $69.50 AVG Volume (30 days): 1.7M
Analyst Decision: Buy Number of Analysts: 18
Dividend Yield: 2.74% Dividend Payout Frequency: Quarterly
EPS: 4.37 EPS Growth: N/A
52 Week Low/High: $55.67 - $70.90 Next Earning Date: 04-30-2024
Revenue: $11,702,100,000 Revenue Growth: 9.36%
Revenue Growth (this year): 2.37% Revenue Growth (next year): 1.11%

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