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Molson Coors Beverage Co set for full-year dip as Q3 struggles – results data

Olly Wehring
Last updated: 07/11/2024 at 3:24 PM
By Olly Wehring
7 November 2024
3 Min Read

A prosperous start to this year went into reverse in the most recent quarter.


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Third-quarter sales drop back by 7.8% to US$3.04bnFirst half's top-line rise of 4.2% undone, year-to-date flat (-0.2%) at $8.89bn'Americas' sales tumble 10.7%, 'EMEA & APAC' rises 3.8%2024 sales guidance revised from low single-digit sales lift to 1% declineMolson Coors Beverage Co has seen its 2024 sales drop back to year-on-year parity after a disappointing third quarter.The three months to the end of September experienced "summer industry softness" in the US, resulting in a near-8% top-line decline for the group. The impressive +10.1% performance in the first quarter of this year helped

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TAGGED:Molson Coors Beverage Co
Olly Wehring
ByOlly Wehring
Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.
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