Molson Coors Q1: Steady as She Goes, U.S. Depletions Up Almost 6%

Dear Client: Molson Coors Q1 results are in, and have played out pretty much as anyone who's paying attention to the news might have expected: with mid-single digit depletion jumps in the U.S., and some overshipment in the quarter to stay ahead of the summer selling season, especially during a strike.  Global Q1 net sales were up 10.1% in constant currency for the quarter, which ended March 31. Notably, “core power brands'” strength led to double-digit brand volume growth for