tiprankstipranks

Molson Coors Announces Stable Q2 Results and Shareholder Returns

Story Highlights
Molson Coors Announces Stable Q2 Results and Shareholder Returns

Molson Coors Canada (TSE:TPX.B) has released an update.

Don’t Miss TipRanks’ Half-Year Sale

Molson Coors Beverage Company reported a marginal decrease in net sales but a substantial improvement in income before income taxes by 26.9% for the second quarter of 2024. The company successfully returned $353 million to shareholders via dividends and share repurchases and maintained its full-year guidance for both top-line and bottom-line growth.

For further insights into TSE:TPX.B stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1