Molson Coors Beverage Company Class B (TAP)

In the past six months, Molson Coors reported a U.S. GAAP loss before income taxes of $3,495.5 million in its 2025 third-quarter results, primarily due to non-cash impairment charges. The 52-week low for TAP's stock price was $42.94 on October 31, 2025. The stock price decreased by 11.53% over the last 12 months but has recently increased by 2.70% in the past month. Molson Coors is scheduled to release its 2025 Fourth Quarter and Full Year earnings results on February 18, 2026.

Demand for Molson Coors products is influenced by seasonal beverage consumption patterns. Molson Coors' average quarterly sales volumes have shrunk by 5.6% over the last two years, with a 6% year-on-year drop in Q3 2025. Historically, a "Buy Date of September 26 and a Sell Date of January 10" has shown positive returns over the past 20 years.

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company. It operates within the alcoholic and non-alcoholic beverage industry, manufacturing, marketing, and selling a diverse portfolio of products, including beer, malt beverages, energy drinks, spirits, and wines. Its brand portfolio features flagship beers such as Coors Light, Miller Lite, Molson Canadian, and Staropramen, and has expanded into flavored beverages, spirits, and non-alcoholic options.

Molson Coors has a significant global presence, operating through two primary segments: Americas and EMEA & APAC. The Americas segment includes 22 breweries in the United States, Canada, and Latin America. The EMEA & APAC segment operates approximately 11 primary breweries, four craft breweries, and one cidery across numerous European countries and certain countries within the Middle East, Africa, and Asia Pacific regions.

Coors Banquet has demonstrated strong performance, with brand volume up 16% in 2024 and gaining industry share for the 14th consecutive quarter. Miller Lite has also been a success as the fastest-growing major beer brand in the U.S. market. In Canada, Coors Light remains the number one light beer and has gained segment share, while the Molson family of brands has also seen volume share gains for 23 consecutive months. Madri is performing ahead of expectations in Canada. The company is dedicated to sustainable business practices and fostering innovation, pivoting towards a total-beverage portfolio beyond just beer.

Institutional investors hold approximately 78.46% of Molson Coors' stock, or 93.11% of the float. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and Dodge & Cox. Retail investors hold an estimated 12% to 14.77% of the stock, while insider ownership ranges from 1.72% to over 12%.