Coors Getting There

In the third quarter 2005, Coors comparable US shipments decreased 0.3%, while sales-to-retailers increased 0.1%. Dollar sales were dead flat. Coors Light was up low single digits, while Blue Moon experienced double digit growth. Coors Banquet and Aspen Edge were, of course, down. US profits were up 14% excluding special charges. Overall profits were inflated a bit due to a temporary reduction in their tax rate. Pricing was up a surprising 0.3% despite high discount activity. Higher freight, raw material,