Molson Coors Lowers Guidance Again

Dear Client:  Last quarter, Molson Coors lowered guidance amid a state of “ongoing” uncertainty and a “volatile” global macroeconomic environment. (Globally, the company had reported an 8% drop in depletions, a 14.3% drop in shipments and an 11.3% drop in net sales. That showing was just slightly better than the U.S./Americas result.)  Well, things apparently haven’t gotten any better. In fact, Molson Coors lowered guidance yet again in just-reported earnings.  “Due to the impacts of the global macroeconomic environment on