Molson Coors Publishes Q3 2026 Earnings Call Transcript

By Public Technologies
  • Molson Coors cut 2026 guidance to a 21%-24% underlying pretax profit decline and a 16%-19% underlying EPS drop.
  • CEO Rahul Goyal, CFO Tracey I. Joubert and investor-relations chief Barbara Noverini attended the November 5 third-quarter earnings call.
  • Net sales revenue is now forecast to decline 1%-2% in constant currency, versus a previous range of flat, plus or minus 1%.
  • Underlying free cash flow guidance fell to USD 1 billion, plus or minus 10%, from USD 1.1 billion with the same tolerance.
  • Management expects inflationary pressures into 2027; Midwest Premium costs alone are forecast to rise USD 130 million this year.


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