MillerCoors Shows Marked Improvement in Q4

Dear Client:Despite an industry slowdown in December, MillerCoors domestic sales to retailers (STRs) declined only 1.1% in the fourth quarter on a trading day adjusted basis. That's compared to being down 2.4% in the third quarter. Premium light brand volumes were down low single digits, as low single digit growth in Coors Light was offset by a mid single digit decline in Miller Lite. The Tenth and Blake division again saw double digit growth driven by Leinenkugel's and Blue Moon.