MillerCoors Posts Tough Q4

Dear Client: MillerCoors announced yesterday that their fourth quarter (fiscal Q3) ending December 31 saw domestic STRs down 3.6% and shipments down 4.2% "amidst a challenging industry and economic environment." That's quite an acceleration of a negative trend. Premium lights were down mid single-digits due to the drag by Miller Lite and even a decline a Coors Light, though its decline was to a "lesser extent." Those light beer declines were partially offset by growth in MGD 64. Their craft