Molson Coors Brewing (TAP) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Molson Coors Beverage Company kicked off 2024 with robust first-quarter results, reporting a significant 10.7% increase in net sales and an impressive 68.8% surge in underlying income before taxes on a constant currency basis. The growth was driven by strong performance in both business units, bolstered by high demand and favorable shipment timing in the U.S. Despite industry challenges, the company remains confident, reaffirming its full-year guidance for both top-line and bottom-line growth.
For further insights into TAP stock, check out TipRanks’ Stock Analysis page.
