Molson Coors lowers sales, profit forecasts again
The Madri brewer said today (6 August) it now expects its net sales to fall by 3-4% on a constant-currency basis in 2025.
In May, when Molson Coors last lowered its guidance, it forecasts a 'low single-digit decline'.
The US giant issued new projections for its underlying income before income taxes and underlying diluted earnings per share.
The Staropramen owner sees its underlying income before income taxes decrease 12-15% this year, once exchange rates are removed from calculations. It had forecast a 'low single-digit' fall.
Molson Coors expects its underlying diluted EPS to be 7-10% lower in 2025, again compared to a low single-digit decline it had previously projected.
'As a result of the anticipated ongoing macroeconomic impacts on the industry, our lower-than-expected US share performance, and higher-than-expected indirect tariff impacts on the pricing of aluminum, in particular the Midwest Premium pricing, we have adjusted our 2025 full year top and bottom-line guidance,' president and CEO Gavin Hattersley said.
The new guidance came alongside Molson Coors' second-quarter results, which included lower net sales, volumes and operating income – although net income grew slightly.
The volumes from Molson Coors' combined EMEA and APAC division came in below Wall Street expectations, falling 7.8%. The company pointed to 'soft market demand and a heightened competitive landscape'.
In the Americas, Molson Coors' volumes dropped 6.6% in the second quarter amid lower brand volumes in the US and the end of a contract brewing deal. The decline was better than analysts had forecast.
'We continue to view the incremental softness in the industry performance this year as cyclical, and we continue to believe in Molson Coors' ability to achieve its long-term growth objectives,' Hattersley added.
'That said, our second-quarter financial results were impacted by the macroeconomic environment and its broad effects on the beer industry and consumer, our softer US share performance, as well as the resulting impact of volume deleverage.'
Hattersley plans to leave the US beer major by the end the year, the group said in a statement on 14 April. He has headed the Aspall cider brewer since 2019.
'Collectively, we have held most of the share gains over the last three years for our core US power brands – Coors Light, Miller Lite, and Coors Banquet. We remain committed to our premiumisation plans: in EMEA and APAC behind the strength of Madri, in Canada with continued growth in Miller Lite and our flavour portfolio, and in the US with Peroni and our partnership with Fever-Tree as well as continued focus against Blue Moon,' he said.
In the second quarter to 30 June, Molson Coors' net sales fell 1.6% to $3.2bn, or by 2.6% on a constant-currency basis.
Financial volume – which represents Molson Coors' owned or 'actively managed' brands – fell 7%.
Operating income decreased 2.7% to $583.6m. Net income attributable to Molson Coors grew 0.2% to $428.7m.
Bernstein analyst Nadine Sarwat said: 'Molson Coors' Q2 print beat estimates, led by the US. Looking through the noise of lost US contract brewing and favourable US shipment timing, one number stands out: US brand volumes growth of 'just' -5.3%, better than Nielsen-tracked channels of -7.2% for the same period.
'Yet the rest of the release makes for grim reading. 2025 guidance was cut, which was expected given consensus levels today. Yet the cut has gone below consensus expectations.'
"Molson Coors lowers sales, profit forecasts again" was originally created and published by Just Drinks, a GlobalData owned brand.
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'This quarter demonstrated our relentless focus on driving highly efficient growth at scale, and I'm energized by the momentum in our business and the opportunities we see ahead,' CFO Eliran Glazer said in the earnings release. 'As we navigate the shifting landscape, we remain focused on the factors we can control — executing on our innovation roadmap, bolstering our go-to-market efforts to serve customers of all sizes, driving best-in-class operational efficiencies, and delivering products people love.' Earnings have been mostly solid According to FactSet's tally, 90% of S&P 500 companies have reported second quarter earnings so far, meaning the end of earnings season is in sight (though certainly not complete until Nvidia's (NVDA) report on Aug. 27). It's been a good earnings season: More than 8 in 10 companies have reported both a positive earnings per share surprise and a positive revenue surprise. Some other key updates from FactSet's senior earnings analyst John Butters: Read more here. According to FactSet's tally, 90% of S&P 500 companies have reported second quarter earnings so far, meaning the end of earnings season is in sight (though certainly not complete until Nvidia's (NVDA) report on Aug. 27). It's been a good earnings season: More than 8 in 10 companies have reported both a positive earnings per share surprise and a positive revenue surprise. Some other key updates from FactSet's senior earnings analyst John Butters: Read more here. Wendy's gloomy 2025 outlook sends shares lower Wendy's beat Wall Street's estimates on the top and bottom lines on Friday; however, the company issued a weaker full-year financial outlook, sending shares about 1% lower in premarket trading. This year, the company sees adjusted earnings per share in a range of $0.82 to $0.89, lower than its previous forecast of $0.92 to $0.98. Global systemwide sales are also now projected to come in lower than previously expected for a decline of 3% to 5%, compared to the previous outlook of flat sales to a 2% decline. In the second quarter, sales decreased 1.8% to $3.7 billion, led by a 3.3% decline in the US market. The fast food chain reported revenue of $560.9 million, topping estimates of $558 million. Earnings per share were $0.29, also a beat against estimates of $0.25 per share. On Wednesday, McDonald's (MCD) reported a return to sales growth after economic uncertainty and inflation weighed on consumers and eroded the restaurant chain's value perception. Listen to the earnings call live here. Wendy's beat Wall Street's estimates on the top and bottom lines on Friday; however, the company issued a weaker full-year financial outlook, sending shares about 1% lower in premarket trading. This year, the company sees adjusted earnings per share in a range of $0.82 to $0.89, lower than its previous forecast of $0.92 to $0.98. Global systemwide sales are also now projected to come in lower than previously expected for a decline of 3% to 5%, compared to the previous outlook of flat sales to a 2% decline. In the second quarter, sales decreased 1.8% to $3.7 billion, led by a 3.3% decline in the US market. The fast food chain reported revenue of $560.9 million, topping estimates of $558 million. Earnings per share were $0.29, also a beat against estimates of $0.25 per share. On Wednesday, McDonald's (MCD) reported a return to sales growth after economic uncertainty and inflation weighed on consumers and eroded the restaurant chain's value perception. Listen to the earnings call live here. Trade Desk tumbles after CEO warns of tariff impact on large brand advertisers Trade Desk (TTD) stock fell by a third during premarket trading on Friday — putting it on track to wipe roughly $12 billion from its market cap — after CEO Jeff Green warned that tariff uncertainty began to weigh on some leading global advertisers. Reuters reports: The Trade Desk's second quarter earnings of $0.18 per share were in line with analyst estimates. Revenue of $694 million beat analyst estimates of $686 million, according to S&P Global Market Intelligence. The company expects third quarter revenue of at least $717 million, roughly in line with estimates. Read more here. Trade Desk (TTD) stock fell by a third during premarket trading on Friday — putting it on track to wipe roughly $12 billion from its market cap — after CEO Jeff Green warned that tariff uncertainty began to weigh on some leading global advertisers. Reuters reports: The Trade Desk's second quarter earnings of $0.18 per share were in line with analyst estimates. Revenue of $694 million beat analyst estimates of $686 million, according to S&P Global Market Intelligence. The company expects third quarter revenue of at least $717 million, roughly in line with estimates. Read more here. SoundHound stock soars on record revenue fueled by AI, automation demand SoundHound AI (SOUN) reported record revenue in its second quarter results, as its expansion into new verticals, such as restaurants and hospitals, helped fuel 217% year-over-year revenue growth. The stock rocketed 24% higher in premarket trading on Friday. SoundHound develops artificial intelligence solutions that businesses use for automation and to create conversational experiences for their customers. In Q2, SoundHound reported strong growth in its automation, automotive, and enterprise AI for customer service verticals. The company posted a GAAP loss of $0.19 per share on $42.7 million in revenue. Last year, SoundHound reported a loss of $0.11 per share and revenue of $13 million. SoundHound also raised its 2025 revenue outlook to $160 million to $178 million, up from its previous forecast of $157 million to $177 million. "The investments we are making are already showing high returns," SoundHound CFO Nitesh Sharan said on the company's earnings call. Sharan noted that the company sees a path to profitability "in the near-term horizon. Listen to the earnings call here. SoundHound AI (SOUN) reported record revenue in its second quarter results, as its expansion into new verticals, such as restaurants and hospitals, helped fuel 217% year-over-year revenue growth. The stock rocketed 24% higher in premarket trading on Friday. SoundHound develops artificial intelligence solutions that businesses use for automation and to create conversational experiences for their customers. In Q2, SoundHound reported strong growth in its automation, automotive, and enterprise AI for customer service verticals. The company posted a GAAP loss of $0.19 per share on $42.7 million in revenue. Last year, SoundHound reported a loss of $0.11 per share and revenue of $13 million. SoundHound also raised its 2025 revenue outlook to $160 million to $178 million, up from its previous forecast of $157 million to $177 million. "The investments we are making are already showing high returns," SoundHound CFO Nitesh Sharan said on the company's earnings call. Sharan noted that the company sees a path to profitability "in the near-term horizon. Listen to the earnings call here. Under Armour forecasts downbeat quarterly sales, shares drop Under Armour (UA) stock slumped by 12% before the bell on Friday after the sportswear maker forecast second-quarter revenue below Wall Street estimates. The company is grappling with muted demand in North America due to still-high inflation and tariff uncertainty. Reuters reports: Read more here. Under Armour (UA) stock slumped by 12% before the bell on Friday after the sportswear maker forecast second-quarter revenue below Wall Street estimates. The company is grappling with muted demand in North America due to still-high inflation and tariff uncertainty. Reuters reports: Read more here. Expedia raises gross bookings, revenue growth forecast amid US travel demand recovery Expedia Group (EXPE) stock leaped 15% higher in after-hours trading as Wall Street looked favorably on signs of a travel demand recovery, a raised gross bookings forecast, and double-digit profit growth. Reuters reports: Read more here. Expedia Group (EXPE) stock leaped 15% higher in after-hours trading as Wall Street looked favorably on signs of a travel demand recovery, a raised gross bookings forecast, and double-digit profit growth. Reuters reports: Read more here. Live Nation results show fans still spending on concerts, live events Live Nation Entertainment (LYV) stock rose modestly after hours following second quarter results from the discretionary spending economic bellwether. The release showed that fans are still willing to spend on concerts and live events. Reuters reports: Read more here. Live Nation Entertainment (LYV) stock rose modestly after hours following second quarter results from the discretionary spending economic bellwether. The release showed that fans are still willing to spend on concerts and live events. Reuters reports: Read more here. Gamblers' losses boost sportsbooks' fortunes in Q2 FanDuel-owner Flutter (FLUT) raised its forecast for full-year profit growth on Thursday after a winning streak for US gamblers ended, benefiting the world's largest online betting company. A better-than-expected second quarter yielded core profits of $400 million, a 54% rise. Revenue came in at $4.19 billion, above estimates and up from $3.61 billion a year ago. Flutter increased its annual profit forecast to $3.3 billion from $3.18 billion, projecting 40% year-over-year growth. The company is looking into the regulatory landscape for prediction markets and considering an entry into that market, which allows users to bet on the outcomes of future events. Earlier on Thursday, DraftKings (DKNG) also attributed healthy revenue growth to favorable outcomes. Revenue increased 36% to $1.5 billion, while profits were $0.30 per share, double what Wall Street was expecting at $0.15 per share. Flutter stock rose fractionally after hours. DraftKings shares were also muted, falling 0.35% on the day and another 0.2% after hours. Read more here. FanDuel-owner Flutter (FLUT) raised its forecast for full-year profit growth on Thursday after a winning streak for US gamblers ended, benefiting the world's largest online betting company. A better-than-expected second quarter yielded core profits of $400 million, a 54% rise. Revenue came in at $4.19 billion, above estimates and up from $3.61 billion a year ago. Flutter increased its annual profit forecast to $3.3 billion from $3.18 billion, projecting 40% year-over-year growth. The company is looking into the regulatory landscape for prediction markets and considering an entry into that market, which allows users to bet on the outcomes of future events. Earlier on Thursday, DraftKings (DKNG) also attributed healthy revenue growth to favorable outcomes. Revenue increased 36% to $1.5 billion, while profits were $0.30 per share, double what Wall Street was expecting at $0.15 per share. Flutter stock rose fractionally after hours. DraftKings shares were also muted, falling 0.35% on the day and another 0.2% after hours. Read more here. Sign in to access your portfolio
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If You'd Invested $1,000 in Eli Lilly (LLY) Stock 5 Years Ago, Here's How Much You'd Have Today
Key Points Eli Lilly stock sank after its second-quarter report due to underwhelming results for a key weight loss drug in its pipeline. Eli Lilly actually posted strong sales and earnings results in Q2 and raised its full-year sales outlook. The stock has put up impressive returns over the last five years, and shares could be a good buy after recent sell-offs. 10 stocks we like better than Eli Lilly › Eli Lilly (NYSE: LLY) reported its second-quarter results earlier this month, and saw a substantial sell-off in conjunction with the report. Despite posting strong sales and earnings results in Q2 and raising its full-year outlook, disappointing clinical results for the key oral weight loss drug in the company's pipeline prompted a substantial valuation pullback. While Eli Lilly's share price has stumbled recently, the stock has actually been a huge winner over the last five years. Read on for a look at what a $1,000 investment in the company a half-decade ago would be worth today -- and for a look at what's on the horizon for the business. Eli Lilly has been a big winner and could still be a good long-term play Over the past five years, Eli Lilly stock has risen roughly 320% as of market close Aug. 11. Meanwhile, the company has delivered a dividend-adjusted total return of roughly 347% over the last five years. After factoring in the added benefits of the company's dividend, a $1,000 investment made in Eli Lilly stock would now be worth roughly $4,472. Eli Lilly's recent stock pullback stems from relatively disappointing trial data for its orally administered Orforglipron weight loss drug. Orforglipron proved to be more effective than the placebo benchmark over the 18-month trial period, but clinical data suggested that it was significantly less effective than the company's injected Zepbound treatment. On the other hand, the company still looks to have a strong position in the obesity treatment market even if it takes some time to make progress with the efficacy of orally administered treatments. Following Eli Lilly's strong sales and earnings results in the second quarter and raising its full-year sales guidance from between $58 billion and $61 billion to between $60 billion and $62 billion, the stock deserves a close look from long-term investors right now. While the stock could continue to see valuation volatility in conjunction with the outlook for its weight loss drug pipeline, the recent pullback could be a buying opportunity. Do the experts think Eli Lilly is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Eli Lilly make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,060% vs. just 182% for the S&P — that is beating the market by 877.59%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. If You'd Invested $1,000 in Eli Lilly (LLY) Stock 5 Years Ago, Here's How Much You'd Have Today was originally published by The Motley Fool
