Welcome to our dedicated page for Molson Coors Beverage Company Class B news (Ticker: $TAP), a resource for investors and traders seeking the latest updates and insights on Molson Coors Beverage Company Class B stock.
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Molson Coors Beverage Company reported strong first-quarter results in 2024, with a 10.7% increase in net sales and significant growth in income before income taxes. The company reaffirmed its guidance for top-line and bottom-line growth for the full year. The positive performance was driven by double-digit brand volume growth for core brands in the U.S. and successful innovation in the above premium portfolio. However, the industry's softness in the U.S. and Canada remains a challenge for the company.
