Dear Client: How did Molson Coors finish out the last quarter of 2020, stateside? In the U.S., brand volumes (depletions) were down 6.2% in the quarter, where domestic shipments were down 2.3%, as the company "continued to build distributor inventories in the fourth quarter." (Suffice it to say, things slowed from Q3, when depletions were down 5.3% in the U.S.) U.S. net sales per hectoliter on a brand volume basis were up 4.2%, "driven by positive mix aided by new
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