Sales from three months to end of June down 3.6% to US$3.1bnAfter flat Q1, first-half sales dip by 2.1% to US$5.45bnVolumes down 4.8% for the quarterMolson Coors Beverage Co blamed “heightened global macroeconomic headwinds” for the company’s 3.6% sales fall in the three months to the end of June – its eighth decline out of the last nine quarters following a marginal gain in Q1.Volumes fell by 4.8%, with declines across the board: ‘Americas’ was down 5.3%, while ‘EMEA&APAC’ shrank by 3.4%. In sales terms, these were partially offset by net pricing in ‘Americas’ and a fa
Molson Coors Beverage Co slides back into red with Q2 sales decline – results data
‘We made progress on key aspects of the Horizon 2030 strategy in the second quarter as we navigated heightened global macroeconomic headwinds that affected both consumer behaviour and key input costs in our business.’

Former newspaper journalist Richard Woodard has been writing about the global wine and spirits industry for 25+ years, and is a regular contributor to a number of magazines and websites.


