08-05-2025
- Business
- Wall Street Journal
Molson Coors Slashes 2025 Outlook on Tariff Worries
Molson Coors' TAP -0.11%decrease; red down pointing triangle first-quarter net income fell 42% and the beverage company slashed its sales and underlying earnings projections for the year, citing intensified competition in overseas markets and economic blues among consumers.
The Golden, Colo., brewer of Miller and Coors beers logged earnings of $121 million, or 59 cents a share, down from $207.8 million, or 97 cents a share a year earlier.
