TAP · Earnings call · 2026Q2T · Full report

Net Income and EPS Performance

MOLSON COORS BEVERAGE CO · 2026-08-06 · Importance 35 · Surprise 48

Underlying pretax income decreased 27.8% year over year in Q2 2026. Underlying earnings per share declined 22.9% during the quarter. Management attributed the earnings pressure to lower volumes, elevated Midwest Premium, higher fuel and freight costs, and increased employee incentive and technology spending. Pricing, mix, cost savings and portfolio actions provided partial offsets.

Key facts

• Underlying pretax income was down 27.8% in the second quarter.
• Underlying earnings per share decreased 22.9% in the second quarter.