The earnings call presented a mixed picture with solid strategic progress in premiumization and cash generation offset by declines in net sales revenue and volume challenges, particularly in the U.S. and EMEA regions. The company is optimistic about 2025, leveraging its premiumization strategy and operational efficiencies.
Company Guidance
During the Molson Coors Beverage Company earnings call for the fourth quarter and fiscal year 2024, guidance for 2025 was issued, aligning with their long-term growth algorithm. Key metrics included a low single-digit net sales revenue growth and mid-single-digit underlying pretax income growth on a constant currency basis, alongside high single-digit underlying earnings per share growth. The company expects to generate underlying free cash flow of approximately $1.3 billion, with an underlying effective tax rate between 22% and 24%. Anticipated capital expenditures are around $750 million, and net interest expense is expected to be approximately $215 million. Molson Coors plans on annual net price increases of 1% to 2% in North America, with premiumization continuing to drive growth. Despite challenges such as a 1.9 million hectoliter headwind from winding down contract brewing volumes, the company expressed confidence in its strategic priorities and a healthy balance sheet to bolster long-term growth and shareholder returns.
Strong Cash Generation
Delivered over $1.2 billion in underlying free cash flow, enabling $1 billion return to shareholders through dividends and share repurchases.
Premiumization and Growth in Canada
Achieved growth across all price segments in Canada, with Coors Light remaining the top light beer and Miller Light driving above-premium growth.
Share Retention and Shelf Space Gains
Retained over 80% of U.S. core power brands' volume share gains and earned unprecedented shelf space for core brands.
Margin Expansion
Achieved nearly 80 basis points in underlying pretax income margin expansion, driven by pricing, mix, and cost savings.
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Molson Coors (TAP) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TAP Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 13, 2025
$53.45
$58.54
+9.52%
Nov 07, 2024
$56.11
$56.32
+0.37%
Aug 06, 2024
$50.35
$53.07
+5.40%
Apr 30, 2024
$62.07
$55.91
-9.92%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Molson Coors (TAP) report earnings?
Molson Coors (TAP) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Molson Coors (TAP) earnings time?
Molson Coors (TAP) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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