Molson Coors Canada (TSE:TPX.B) has released an update.
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Molson Coors reported a 7.8% decline in net sales for the third quarter of 2024, alongside a 39.1% decrease in income before taxes. Despite these challenges and a tough U.S. macroeconomic environment, the company continues to return cash to shareholders and maintains its guidance for earnings growth.
For further insights into TSE:TPX.B stock, check out TipRanks’ Stock Analysis page.