More on MillerCoors Q3

November 7, 2013Dear Client: MillerCoors execs gave more color on their third quarter performance on a conference call yesterday, pointing to a big 4.1% increase in revenue per barrel (pricing and mix) as well as an 11.4% increase in profits and slightly better volume trends, particularly in the high end. Still, "premium lights continue to be the cornerstone of our business," said chief Tom Long. "Our research shows that Millennial drinkers don't just over-index on craft, they over-index on premium