Bud Light Gate Rules Molson Coors’ Q1 Call

Dear Client: During Q&A of Molson Coors first quarter earnings call yesterday, many of the same questions were asked in different ways. The most common: How much longer will Bud Light Gate last? Can Molson Coors’ supply endure the increased demand (even into summer)? And how might Molson Coors' own marketing plans adjust, given the circumstances?  Let’s dig in.  (First, recall that U.S. brand volumes AKA depletions were down 1.2% in the quarter, partly offset by an extra trading day;