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Fortune
Fortune
Massimo Marioni

Molson Coors had its biggest earnings miss in 4 years because consumers are too worried by tariffs to drink

Cases of Coors Light are displayed at a Costco Wholesale store (Credit: Kevin Carter—Getty Images)
  • Molson Coors posted its worst earnings miss in four years as tariffs, inflation, and economic uncertainty hammered beer sales, prompting a sharp guidance cut, reduced spending, and a 7.8% drop in share price.

Molson Coors posted its worst earnings miss in four years, sending shares tumbling as Americans say “no thanks” to another round, spooked by President Trump's tariffs and a shaky economy.

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