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MillerCoors Volumes Struggle, Profits Good

February 17, 2012MillerCoors Volumes Struggle, Profits Good Dear Client: "We grew profit this year despite a weak economy and lower consumer spending among our target consumers," said MillerCoors chief Tom Long in a conference call yesterday announcing the company's year-end results. Gross profits were up over 3%, while MG&A costs were up just over 2% per barrel, giving MillerCoors an 8% gain in operating income, which is pretty good considering that sales were sluggish. Fourth quarter earnings were up a

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