6 Followers USX:TAP - Molson Coors Beverage Co Molson Coors Brewing Co Class
Sector: Consumer Staples, Industry: Brewers
Next Earnings: 30 Apr 2024
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USD 64.18    -0.34 (-0.53%)

23 Apr 2024


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General

CEO: Mr. Gavin D. K. Hattersley

IPO: 1984-09-07

Headquarters: US

Employees: 16,600

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Description

Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second-largest beer maker in both value and volume terms in the us, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the us given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.

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