Overview
- Molson Coors revised its 2025 guidance, forecasting low-single-digit EPS growth and a sales decline, down from earlier projections of growth in both metrics.
- First-quarter results showed an 11% drop in sales to $2.3 billion and underlying EPS of $0.50, significantly missing analyst expectations.
- CEO Gavin Hattersley attributed the earnings shortfall to geopolitical uncertainty, inflation, and competitive pressures in EMEA and APAC markets.
- The company plans to reduce discretionary spending and defer capital investments to preserve resources for long-term objectives.
- Molson Coors shares fell 5%, reaching a three-month low as investors reacted to the earnings miss and downgraded outlook.