Molson Coors cuts 2026 underlying EPS outlook to 16%-19% decline
Bitget2026/11/05 11:39- Molson Coors cut its 2026 net sales outlook to a 1%-2% constant-currency decline, from roughly flat.
- Underlying pretax income is forecast to fall 21%-24% in constant currency, versus a previously expected 15%-18% decline.
- Underlying diluted earnings per share are projected to drop 16%-19%, compared with the prior forecast for an 11%-15% decline.
- Underlying free cash flow guidance fell to $1 billion, plus or minus 10%, from $1.1 billion with the same range.
- The outlook assumes persistent beer-market weakness and U.K. promotional pressure; Midwest Premium costs are expected to rise approximately $130 million.
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