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Molson Coors Q3 2023 Earnings Summary

Molson Coors Beverage Company (NYSE: TAP) reported third quarter 2023 earnings results today. Net sales increased 12.4% year-over-year to $3.3 billion. GAAP net income doubled to $430.7 million, or $1.98 per share, from last year. Adjusted EPS rose 46% to $1.92. The company expects net sales to increase in the mid-single digits for the fourth […]

November 2, 2023 1 min read

Molson Coors Beverage Company (NYSE: TAP) reported third quarter 2023 earnings results today. Net sales increased 12.4% year-over-year to $3.3 billion. GAAP net income doubled to $430.7 million, or $1.98 per share, from last year. Adjusted EPS rose 46% to $1.92. The company expects net sales to increase in the mid-single digits for the fourth […]

Molson Coors Beverage Company (NYSE: TAP) reported third quarter 2023 earnings results today.

Net sales increased 12.4% year-over-year to $3.3 billion.

GAAP net income doubled to $430.7 million, or $1.98 per share, from last year. Adjusted EPS rose 46% to $1.92.

The company expects net sales to increase in the mid-single digits for the fourth quarter of 2023 and in the high single digits for the full year of 2023.

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