TAP Molson Coors Brewing Co Class B

U.S. alcohol exports to Canada drop over 60%, hitting STZ, TAP, and bourbon producers. Ontario shelves clear American liquor, causing hundreds of millions in lost revenue. See what Wall Street is buying with instant access to ratings on 1,000 top stocks, including Goldman Sachs, Morgan Stanley, ...

Molson Coors Beverage ( NYSE:TAP ) , the global brewer behind brands like Coors Light, Miller Lite, and Blue Moon, released its Q2 2025 earnings results on August 5, 2025. The company reported non-GAAP earnings per share ( EPS ) of $2.05, well above the $1.82 analyst consensus ( non-GAAP ) .

Brand volumes plunged 5.1%, driven by a 4.0% drop in the Americas and a 7.8% slide in EMEA & APAC. FY2025 adjusted EPS guidance was cut to $5.36-$5.54, falling short of the $5.96 consensus estimate. Get special access to three exclusive "Top 10 Stocks" power lists today, updated daily.

TAP Q2 results reflect y/y volume declines across key regions, with the 2025 guidance cut amid cost inflation and shifting consumer trends.

TAP braces for Q2 declines as beer volume loss, macro headwinds, and contract brewing exits weigh on the top and bottom lines despite brand investments.

Molson Coors Beverage's TAP short percent of float has risen 8.87% since its last report. The company recently reported that it has 12.88 million shares sold short, which is 9.08% of all regular shares that are available for trading.