Molson Coors Reports Q4 2024 Earnings with Revenue Decline and Strong EPS Growth
Molson Coors (TAP) reported a 1.9% decline in consolidated net sales revenue for Q4 2024, driven by the exit of low-margin contract brewing and volume headwinds in the U.S. However, underlying earnings per share increased by 9.2% for the quarter and 9.8% for the full year, supported by lower tax rates and accelerated share repurchases. The company also noted a 4.8% increase in consolidated net sales revenue per hectoliter, driven by premiumization and favorable sales mix.
Topics: Contract Brewing Earnings Market Performance Profit Revenue Share Repurchases