Molson Coors sales fall 3% to $3.1 billion

• Molson Coors reported Q2 2026 net sales of $3.10 billion, down 3.3% as beverage volumes declined.
• Attributable net income fell 46% to $231.7 million, while underlying diluted EPS declined 22.9% to $1.58.
• The company maintained its 2026 outlook while advancing cost reductions and its Horizon 2030 portfolio strategy.

Molson Coors Beverage (NYSE:TAP) reported Q2 2026 net sales of $3.10 billion, down 3.3%, as lower volumes offset pricing and sales-mix gains.

Revenue fell from $3.20 billion, while attributable net income declined to $231.7 million from $428.7 million and diluted EPS dropped to $1.23.

Underlying pretax income fell 27.8% in constant currency to $383.2 million, adjusted EPS declined 22.9% and financial volume decreased 5.4%.

Molson Coors also maintained its 2026 sales and earnings outlook.

Following the announcement, Molson Coors' share price was down 1% at $41.87 before the opening bell.

Meanwhile, Americas revenue fell 4.1% to $2.40 billion, while EMEA and Asia-Pacific revenue declined 0.4% to $700.8 million.

Molson Coors is supporting core beer brands, expanding Fever-Tree and Monaco Cocktails, cutting costs and balancing investment with dividends and share repurchases.