Molson Coors Beverage Company has been a notable player in recent financial updates. It announced its
regular quarterly dividend and released
second quarter results for 2024. The company also reported
fourth quarter and full-year results for 2023. With
82% institutional ownership, Molson Coors is highly liked amongst leading investors. The beverage company also revealed a plan to
accelerate growth and gave a long-term financial outlook during its 2023 strategy day, which took place both virtually and in person.
Despite under-performance of its stocks at times, experts have given
earnings forecasts, and several investment firms such as
First Horizon Advisors Inc., Ilex Capital Partners UK LLP, and Envestnet Portfolio Solutions Inc. have invested significantly. Meanwhile, some other investors like
Swedbank AB, Chevy Chase Trust Holdings LLC, Sumitomo Mitsui Trust Holdings Inc. sold their shares.
Molson Coors has shown a commitment to diversify, launching non-alcoholic products through a partnership with
L.A. Libations and its
Madri Excepcional beer is now available in Canada.
Molson Coors Beverage Company Class B TAP News Analytics from Mon, 02 Jan 2017 19:36:28 GMT to Sun, 25 Aug 2024 13:25:50 GMT -
Rating 4
- Innovation 5
- Information 8
- Rumor -1
