The Latest Breaking News from Molson Coors

Molson Coors bought Sharp’s Brewery in 2011 but said the Cornish site was ‘no longer financially sustainable’.

Chief executive Tim Warrillow said the business is ‘well placed to take advantage of consumer trends’.

Molson Coors’ stock has outpaced its industry peers over the past year, and analysts remain cautious on its prospects.

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While Molson Coors has lagged behind the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Molson Coors Beverage Company (NYSE:TAP) reported second-quarter results on Tuesday, with adjusted earnings per share of $2.05, beating the analyst consensus estimate of $1.86.

Although Molson Coors has fallen short of the consumer defensive sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

The Coors Light and Blue Moon brewer reported a brutal first quarter for 2025, missing analyst estimates by nearly $100 million.

Molson Coors is set to announce its Q1 results in the upcoming month, and analysts expect a significant double-digit decline in earnings.