Molson Coors Beverage Company continues to prove its financial stability through regular quarterly dividends despite lower guidance for 2025, as announced. Though Q2 figures beat estimates, concern lies in the lowered projections. The Q1 2025 earnings key financial updates are due on May 8th. The company still ranks among the 20 most valuable drink stocks and retains a strong reputation. Institutional owners heavily dominate the shares, holding 76% ownership. In a major move, the company acquired a majority stake in ZOA Energy.
There have been some shakeups – CEO Gavin Hattersley prepares to retire, with a search process for a replacement underway. The CEO of Gaming Giant Hasbro is expected to join the Molson Coors Board, hinting at possible digital innovation. Molson Coors also recently concluded an exclusive agreement with The Coca-Cola Company to launch a new brand.
Molson Coors Beverage Company Class B TAP News Analytics from Wed, 15 Apr 2020 07:00:00 GMT to Sat, 23 Aug 2025 07:00:00 GMT - Rating 0 - Innovation -2 - Information 6 - Rumor 2
