Molson Coors Brewing (TAP) Reports In-Line Q2 EPS
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Molson Coors Reports Second Quarter Results
August 2, 2016 6:45 AM EDTSecond Quarter 2016 Highlights(1)
Worldwide beer volume: 16.1 million hectoliters, decreased 0.8%; Coors Light volume increased 4.1% worldwide and low-single-digits in the U.S. Net sales: $986.2 million, decreased 1.9% on a reported basis, and increased 1.9% in constant currency Net sales per HL: $114.96, decreased 1.4%, and increased 2.4% in constant currency U.S. GAAP net income from continuing operations attributable to MCBC: $174.1 million ($0.81 per diluted share), decreased 24.1% Underlying after-tax income: $239.5 million ($1.11 per diluted share), decreased 9.2% Underlying EBITDA (earnings before interest, taxes, depreciation and amortization): $428.7... More