Beer Business Daily – beer industry news and numbers

Coors Profits Up, Volume Down

Molson Coors Brewing's stock dropped like a lead balloon after they released their earnings Thursday morning. But then investors read the earnings release and realized the results weren't so bad, because even though the topline growth wasn't there, the earnings were strong once you take out one-time charges and saw that synergies from the Molson deal were strong. All in (as Leo likes to say), Molson Coors is big on earnings for the next few quarters, but long-term top-line growth

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