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via finance.yahoo.comBusiness & Companies

Molson Coors (TAP) Q3 2026: guidance cut as cost inflation weighs on profit

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Consolidated Net Sales Revenue: $2.9 billion in Q3, down 1.2% year over year. Underlying Pre-Tax Income: $349 million in Q3, down 17.4% year over year. Underlying EPS: Down 12.6% year over year in Q3. Financial Volumes: Declined 3% in…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe guidance cut and falling underlying profit weigh on the stock outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net sales revenue fell 1.2% to $2.9 billion.
  2. 02Underlying pre-tax income fell 17.4% to $349 million.
  3. 03Underlying COGS per hectoliter rose 8.1% on Midwest Premium and aluminum costs.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Molson Coors Beverage CompanyTAPStock42.23 USDMarket closedtoday -2.11%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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