Molson Coors Beverage Co (NYSE:TAP) Share Price

Company Profile

Business 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.
Contact
NH353
P.O. Box 4030
GoldenCO80401
USA
T: +1 303 279-6565
E: [email protected]
https://www.molsoncoors.com
Sector
Consumer Defensive
Stock type
Defensive
Industry
Beverages - Brewers
Fiscal Year End
31 December 2024
Employees
16,500

Recommended

These businesses are somewhat insulated from economic upheavals such as the one caused by the coronavirus pandemic.

Vikram Barhat | 06 May 2021

A few undervalued stocks remain, but many have already surged past fair value.

Dave Sekera, CFA | 22 March 2021

Morningstar’s Dave Sekera examines which sectors are poised for a comeback when consumer behaviour normalises.

Dave Sekera, CFA | 08 December 2020

Index	Last price	Change	% Change
All Ordinaries	8,633.10	66.10	0.77%
CAC 40	7,255.01	41.69	0.58%
DAX 40	19,322.59	176.42	0.92%
Dow JONES (US)	44,296.51	426.16	0.97%
FTSE 100	8,262.08	112.81	1.38%
HKSE	19,229.97	371.14	-1.89%
NASDAQ	19,003.65	31.23	0.16%
Nikkei 225	38,283.85	257.68	0.68%
NZX 50 Index	13,041.90	276.66	2.17%
S&P 500	5,969.34	20.63	0.35%
S&P/ASX 200	8,393.80	70.80	0.85%
SSE Composite Index	3,267.19	103.21	-3.06%