Latest news with #MolsonCoors
Yahoo
16 hours ago
- Business
- Yahoo
A Look Back at Beverages, Alcohol, and Tobacco Stocks' Q1 Earnings: Vita Coco (NASDAQ:COCO) Vs The Rest Of The Pack
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the beverages, alcohol, and tobacco industry, including Vita Coco (NASDAQ:COCO) and its peers. These companies' performance is influenced by brand strength, marketing strategies, and shifts in consumer preferences. Changing consumption patterns are particularly relevant and can be seen in the rise of cannabis, craft beer, and vaping or the steady decline of soda and cigarettes. Companies that spend on innovation to meet consumers where they are with regards to trends can reap huge demand benefits while those who ignore trends can see stagnant volumes. Finally, with the advent of the social media, the cost of starting a brand from scratch is much lower, meaning that new entrants can chip away at the market shares of established players. The 15 beverages, alcohol, and tobacco stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 0.5%. In light of this news, share prices of the companies have held steady as they are up 1.7% on average since the latest earnings results. Founded in 2004 followed by a 2021 IPO, The Vita Coco Company (NASDAQ:COCO) offers coconut water products that are a natural way to quench thirst. Vita Coco reported revenues of $130.9 million, up 17.2% year on year. This print exceeded analysts' expectations by 4%. Overall, it was a very strong quarter for the company with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Vita Coco pulled off the fastest revenue growth of the whole group. The stock is up 10.6% since reporting and currently trades at $35. We think Vita Coco is a good business, but is it a buy today? Read our full report here, it's free. With a primary focus on soda but also a presence in energy drinks and teas, Zevia (NYSE:ZVIA) is a better-for-you beverage company. Zevia reported revenues of $38.02 million, down 2% year on year, outperforming analysts' expectations by 1.7%. The business had a very strong quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 33.3% since reporting. It currently trades at $2.72. Is now the time to buy Zevia? Access our full analysis of the earnings results here, it's free. Sporting an impressive roster of iconic beer brands, Molson Coors (NYSE:TAP) is a global brewing giant with a rich history dating back more than two centuries. Molson Coors reported revenues of $2.30 billion, down 11.3% year on year, falling short of analysts' expectations by 5.1%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. As expected, the stock is down 6.8% since the results and currently trades at $52.90. Read our full analysis of Molson Coors's results here. Born out of a 2018 merger between Keurig Green Mountain and Dr Pepper Snapple, Keurig Dr Pepper (NASDAQ:KDP) is a consumer staples powerhouse boasting a portfolio of beverages including sodas, coffees, and juices. Keurig Dr Pepper reported revenues of $3.64 billion, up 4.8% year on year. This print topped analysts' expectations by 1.9%. Overall, it was a strong quarter as it also put up a decent beat of analysts' EBITDA and EPS estimates. The stock is down 6.3% since reporting and currently trades at $32.94. Read our full, actionable report on Keurig Dr Pepper here, it's free. Best known for its Marlboro brand of cigarettes, Altria (NYSE:MO) offers tobacco and nicotine products. Altria reported revenues of $4.52 billion, down 4.2% year on year. This result came in 2.5% below analysts' expectations. Zooming out, it was a mixed quarter as it also recorded a decent beat of analysts' EBITDA estimates but a significant miss of analysts' gross margin estimates. The stock is up 3.9% since reporting and currently trades at $60.45. Read our full, actionable report on Altria here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Sign in to access your portfolio
Daily Mail
3 days ago
- Business
- Daily Mail
Fever-Tree bets on U.S. to get growth fizzing again
Fever-Tree's international expansion will be in the spotlight when it updates investors this week. The firm, which makes tonic water and other mixers, has been focused on cracking the US market after a slump in UK sales growth. Shares fizzed when Fever-Tree earlier this year announced that Molson Coors had bought an 8.5 per cent stake in the business for £71m. The tie-up with the US brewer is part of a plan to drive further growth in America – which has become the Aim-listed firm's largest market. But analysts expect Fever-Tree to reiterate its low single digit sales growth guidance for the full year in a trading update on Thursday. The Molson Coors partnership 'is expected to help drive the next leg of growth in North America,' Hargreaves Lansdown analyst Aarin Chiekrie said.
CNN
28-05-2025
- Business
- CNN
Anheuser-Busch taps UFC's Dana White for a new energy drink
With beer sales flatlining, Anheuser-Busch is looking beyond hops and toward Ultimate Fighting Championship's controversial boss Dana White to help them crack the growing energy drink category. Launching nationwide Wednesday is Phorm Energy, the company's newest energy drink. The non-alcoholic caffeinated beverage marks the first product stemming from Anheuser-Busch's previously announced partnership with White aimed at expanding into the $24 billion energy drinks category. Like similar products, Phorm Energy has zero sugar or artificial flavors, contains electrolytes and is naturally caffeinated from green tea extract. The drink comes in four varieties: grape, orange, blue, and 'Screamin' Freedom,' which is a mixture of blueberry, cherry and citrus flavors. A 16-ounce can costs $2.99. Beer sales have been declining for the past several years, falling again more than 1% in 2024 according to Brewers Association, as drinkers shift their preferences to spirits or increasingly ditch drinking. That has forced Big Beer to search for alternatives, including expanding into spirit-based cocktails, non-alcoholic varieties and even energy drinks, with the latter forecasted to balloon into a $33 billion category in the next five years, according to research firm Mintel. Energy drinks have been a successful gambit for rival Molson Coors, which recently purchased a majority ownership stake in Zoa, a brand co-founded by actor Dwayne 'The Rock' Johnson. Zoa has repeat purchase rates of 50%, and Coors said its 'ability to attract new consumers to the energy category' made it an appealing acquisition. However, Anheuser-Busch has been less successful. In 2017, the company bought energy seltzer water brand Hiball, but sold it six years later to Tilray Brands. The cult-favorite drink was recently relaunched by its new owners. Then in 2020, Anheuser-Busch bought a 40% stake in energy drink Ghost, which used the beer conglomerate's distribution network. However, that came to an end last year when Keurig Dr Pepper bought Ghost in a $1 billion deal and took over its operations. Following that, Anheuser-Busch's wholesalers and partners 'had been looking toward 'what's next' in the energy drinks space,' according to Jenn Litz-Kirk, director of content for Beer Business Daily, a trade publication. 'In some ways, this new move is a no-brainer: With the imminent launch of Phorm, it seems like Anheuser-Busch is trying to recreate the Ghost formula,' she told CNN. 'The energy segment is hot, and it's a high-margin proposition for both retailers and distributors.' The launch of Phorm Energy further entrenches Anheuser-Busch's relationship with the controversial White. The pair partnered in 2023 when Bud Light became the official sponsor of his mixed martial arts league following the Dylan Mulvaney debacle. A social media post from Mulvaney, a transgender influencer, promoting Bud Light sparked a massive backlash, costing the company as much as $1.4 billion in sales that year. As for White's involvement, Litz-Kirk said it's ''red meat' for a certain cohort of energy drink consumers,' pointing out that UFC is growing in popularity and that White has a massive following of 10 million on Instagram. Anheuser-Busch's other partner for the energy drink, 1st Phorm, is also linked to controversy. Last year, police departments in St. Louis, where the company is based, cut ties with 1st Phorm after its cofounder Andy Frisella made offensive comments about female police officers on his podcast. Sal Frisella, 1st Phorm's CEO and Andy's brother, said the comments were spoken on a personal podcast that wasn't affiliated with the company. 'We do not agree with his statements, and we do not condone the words or the context in which they were presented,' Sal said at the time. Andy no longer leads the company. Litz-Kirk said Anheuser-Busch likely doesn't think Andy's comments were a 'big deal' since the partnership was announced in January and there hasn't been any blowback from wholesalers.
Associated Press
19-05-2025
- Business
- Associated Press
ZOA® Energy Debuts Limited-Time Lemon Lime Flavor, a Fresh Take on a Fan Favorite
Launching today and available exclusively on Amazon, Lemon Lime is here to energize and hydrate with a bold new look and enhanced performance. CHICAGO, May 19, 2025 /PRNewswire/ -- ZOA Energy's limited-time Lemon Lime flavor is back by popular demand and now available exclusively on Amazon. Offering both long-time fans and new customers a crisp, citrus-forward option, Lemon Lime packs clean energy and hydration in one convenient can. The new Lemon Lime flavor is a modern twist on a timeless classic—delivering bright, nostalgic taste reimagined for today's consumer and infused with ZOA's blend of electrolytes, B and C vitamins, caffeine from green tea and green coffee beans and no sugar. Lemon Lime joins the brand's bold core lineup, including Cherry Limeade, Frosted Grape, Green Apple, Mango Splash, Strawberry Watermelon, Tropical Punch, White Peach and Wild Orange. Lemon Lime marks ZOA's most-requested flavor comeback, according to social feedback. It's a flavor reintroduced with purpose, highlighting the strides ZOA Energy has made in innovation since its early days and supporting its continued mission to support everyday warriors with better-for-you energy. 'This flavor is about more than nostalgia,' said Tracey Bien Schenck, Senior Director of Marketing, Non-Alcoholic Brands at Molson Coors Beverage Company. 'Lemon Lime brings a sense of familiarity that makes it an easy first pick for new customers, while also answering the call of our most loyal ZOA Warriors. With electrolytes and 100% of your daily value of vitamin C for immunity support, benefits go beyond flavor to deliver real function—it's the best of both worlds.' ZOA Energy stands apart in the energy drink category by combining caffeine with electrolytes that support hydration, a top benefit in the growing functional beverage space. Its formula includes potassium and magnesium to replenish as it energizes—whether consumers are hitting a workout, conquering their commute or tackling everyday battles. On Amazon only, Lemon Lime returns for a limited run this summer. Visit to learn more about how to purchase ZOA Energy products in stores and online. About ZOA Energy ZOA Energy is here to activate the world's potential: giving people the fuel they need to show up as their best selves. Developed by strength and conditioning coach, Dave Rienzi; global icon and businessman, Dwayne Johnson; global entrepreneur and chairwoman, Dany Garcia; and entrepreneur and investor, John Shulman, ZOA is taking the category to new heights. The ZOA portfolio features both better-for-you energy drinks and pre-workout supplements ––all of which are made with high-quality ingredients, featuring great taste, electrolytes, B & C vitamins, and zero sugar. For more information, please visit About Molson Coors Beverage Company For more than two centuries, Molson Coors has brewed beverages that unite people to celebrate all life's moments. From our core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko to our above premium brands including Madri Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel's Summer Shandy, to our economy and value brands like Miller High Life and Keystone Light, we produce many beloved and iconic beers. While Molson Coors' history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits like Five Trail whiskey and non-alcoholic beverages like ZOA Energy. As a business, our ambition is to be the first choice for our people, our consumers and our customers, and our success depends on our ability to make our products available to meet a wide range of consumer segments and occasions. Molson Coors Beverage Company is a publicly traded company that operates through its Americas and EMEA&APAC reporting segments and is traded on the New York Stock Exchange and Toronto Stock Exchange. To learn more about Molson Coors Beverage Company, visit View original content to download multimedia: SOURCE ZOA Energy
Yahoo
13-05-2025
- Climate
- Yahoo
Molson Coors in Butler County doubles production for water designated for disasters
May 12—A lot of the canned Molson Coors water in disaster areas across the country was likely produced in Trenton, using water beneath the soil of Butler County. In April 2024, the Trenton Brewery produced more than 300,000 cans of water, which were then sent to one of a half-dozen Molson Coors breweries to be prepared for distribution. Now, it is doubling that amount for the 2025 run. "Wherever there's a disaster, we have a brewery ready to distribute some water," said Shane Smith, line lead on can line six of the Trenton Brewery. Last year, Molson Coors donated water to disaster relief efforts for communities recovering from Hurricanes Helene and Milton, floods in Houston and Northwest Iowa, and wildfires in the Texas Panhandle. In 2023, 120,000 cans of water went to East Palestine, Ohio, following the Norfolk Southern train derailment carrying noxious chemicals. Molson Coors is known for distributing a variety of Miller and Coors brands. Every day, they produced more than 338,000 beers, which would provide eight beers per person at a sold-out Great American Ball Park (capacity is 42,271). Capacity is typically maxed out during the summer, and the Trenton brewery is the second-biggest Molson Coors facility in the network while being the lowest-cost producer. On Monday, it dedicated a line to run between 600,000 and 800,000 cans of water because there is a bigger need, said Trenton Brewery Plant Manager Gabriela Bozdog. "We have seen in the past that the number of natural disasters has increased a lot, and we want to be able to contribute to the communities," said Bozdog. "The more water we are producing, the more we are able to cover the ones in need." The water that would be distributed for the year is manufactured ahead of the summer. So why Trenton? It's the only Molson Coors brewery uniquely set up to produce the water for its network. The facility at 2525 Wayne-Madison Road has distributed a couple million cans of water for disasters since it started in 2017. The company puts the water in a 12-ounce slim can, and Smith said, "There are only so many breweries and so many lines that make that can." It also sits on the Great Miami Buried Valley Aquifer — an underground reservoir that supplies water for communities from Logan County to the Ohio River — and outside of a glacier, there are not many sources that will provide any more pure water, Smith and Bozdog said. "It's not something new for us," Bozdog said of the water production. "It has already become a tradition to have this production on an annual basis, but if there is a need, we'll continue to produce and to contribute."
