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MillerCoors Depletions Down 2% in Q1

Dear Client:MillerCoors domestic depletions were down 2% for Q1, per Molson Coors report, "driven by lower volume in the premium light and below premium segments." Domestic shipments declined 4%. So, depletion trends have seen a slight improvement from Q4, when they were down 2.8%. But Q4 shipments had been down only 0.9%.Back to Q1: Domestic net revenue per hectoliter, which excludes contract brewing and company-owned-distributor sales, grew 0.2% for the quarter "as a result of favorable net pricing, partially offset

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