TAP · 8-K · 20260806PR000070

Macroeconomic Consumer Pressure

MOLSON COORS BEVERAGE CO · 2026-08-06 · Importance 44 · Surprise 24

Management cited heightened global macroeconomic headwinds affecting consumer behavior and key input costs in the second quarter. Commodity and logistics cost pressures remain elevated, with cost inflation in materials, logistics and manufacturing expenses contributing to lower profitability. The company expects the unfavorable impact of Midwest Premium pricing to exceed approximately $130 million for full-year 2026. Management is using cost savings initiatives and targeted investments to mitigate persistent macroeconomic volatility.