TAP · Earnings call · 2026Q2T · Full report

Revenue Performance and Mix

MOLSON COORS BEVERAGE CO · 2026-08-06 · Importance 37 · Surprise 32 · No source text

Consolidated net sales revenue declined 3.6% year over year on a constant-currency basis in Q2 2026. U.S. domestic shipments fell 7.3%, while EMEA and APAC brand volume declined 3.4%. Above Premium brands including Peroni and Fever-Tree continued to grow, while Blue Moon, Madri and Simply Spiked faced pressure. The company expects 9 months of net sales revenue and profit contribution from the Monaco portfolio in its full-year 2026 outlook.

Key facts

• Fever-Tree and Monaco are each on track to contribute 1% to 2% to NSR.
• The company expects an annual price increase of 1% to 2% in the U.S., in line with Q2 performance.
• Consolidated net sales revenue was down 3.6% on a constant currency basis in Q2.
• Coors Banquet grew share and brand volume in Q2.
• Topo Chico Hard, Monaco, and Fever-Tree NSR growth was partially offset by other brands like Simply Spiked in the beyond beer segment.

Impact estimates