Earnings ·
Molson Coors reports Q3 diluted EPS of $1.45, adjusting 2026 outlook for lower sales and profits
TAPMolson Coors Beverage Co
Molson Coors Beverage Company reported third-quarter 2026 net income attributable to MCBC of $271.5 million, or $1.45 per diluted share, compared to a loss in the prior year period driven by a large goodwill impairment charge. Underlying diluted earnings per share decreased 12.6% to $1.46 on a constant currency basis as net sales fell 1.2%. The company cited cost inflation and softer global beer industry volume trends for the decline, prompting an adjustment to its full-year guidance. Molson Coors now expects underlying income before taxes to decline 21% to 24% versus 2025, compared to a previous forecast of a 15% to 18% drop. The company operates in the beverage alcohol industry, brewing and distributing beer, spirits, and other beverages globally.