Molson Coors Beverage Company (TAP) has made several important announcements. There has been consistent dividends paid regularly. The company has also reported their first quarter results for 2025 and there is anticipation for key financial updates to be revealed on May 8. Notably, it is reported that the CEO of gaming giant Hasbro is set to join Molson Coors board, potentially indicating future digital innovation. Despite being a favorite amongst institutional investors who own 85% of the company, there have been some financial hurdles encountered, with their first quarter of 2025 earnings per share (EPS) forecast being missed. However, the fourth quarter of 2024 saw a rise in EPS resulting in a stock jump. The company also introduced a plan to accelerate growth and provided a long-term financial outlook during its 2023 strategy day. Amidst the pandemic, cost-cutting measures have been necessary.
Molson Coors Beverage Company Class B TAP News Analytics from Wed, 27 May 2020 07:00:00 GMT to Wed, 21 May 2025 11:13:49 GMT -
Rating -5
- Innovation 5
- Information 7
- Rumor -5
