tiprankstipranks
Molson Coors CEO: We are built for growth
The Fly

Molson Coors CEO: We are built for growth

In an interview on CNBC’s Mad Money, Gavin Hattersley said Molson Coors started its revitalization plan 3.5 years ago and is now poised for growth. Its leverage ratio was close to 5x four years ago and now just 2.5x as of June. The company is aggressively moving into non-alcoholic drinks. Increasingly, young consumers are wanting health and wellness and that plays into the company’s strategy. “We’re taking ton of shelf space and expect to take much more,” he noted.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on TAP:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles