Consumer
Molson Coors Cuts Outlook on Weak US Beer Demand
Molson Coors Beverage Co. lowered its full-year guidance as the challenging consumer environment in the US drives shoppers away from the company’s products.
The Coors Light and Miller Lite manufacturer now expects 2025 underlying diluted earnings per share to increase in the low single digits. It previously said profit would rise in the high single digits. It also projected a low single-digit decline in sales, lowering its previous guidance of a low single-digit increase.