Molson Coors Beverage Co raises guidance after buoyant Q2 – results data

Last updated: 02/08/2023 at 12:00 AM

2 August 2023

1 Min Read

Revenue and volume increases in its three key markets helped Molson Coors Beverage Co to post a 12.1% organic net sales increase in the second quarter of 2023, prompting the company to raise its guidance for the full year.

Pricing helps second quarter revenues to rise +12.1% to US$3.27bn Company hails strongest quarter of US net sales since Molson/Coors merger in 2005 Raises 2023 guidance to net sales increase in high single digits Revenue and volume increases in its three key markets helped Molson Coors Beverage Co to post a 12.1% organic net sales increase in the second quarter of 2023, prompting the company to raise its guidance for the full year. Molson Coors highlighted the strongest quarter of US GAAP reported net sales since the merger of Molson and Coors in 2005, as revenues were buoyed by p