Molson Coors Announces Revitalization Plan and Reports 2019 Third Quarter Results
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Molson Coors Brewing (TAP) Reports In-Line Q3 EPS; Provides FY19 & FY20 Fiscal Outlooks, Announces Revitalization Plan
October 30, 2019 6:58 AM EDTMolson Coors Brewing (NYSE: TAP) reported Q3 EPS of $1.48, in-line with the analyst estimate of $1.48. Revenue for the quarter came in at $2.84 billion versus the consensus estimate of $2.87 billion.
"Our business is at an inflection point. We can continue down the path weve been on for several years now, or we can make the significant and difficult changes necessary to get back on the right track, said Hattersley. Our revitalization plan is designed to streamline the company, move faster, and free up resources to invest in our brands and our capabilities.... More
