TAP · Earnings call · 2026Q2T · Full report

Geographic Market Commentary

MOLSON COORS BEVERAGE CO · 2026-08-06 · Importance 17 · Surprise 24

Coors Light performed broadly in line with the Canadian industry and retained its position as Canada’s number-one light beer, while Miller Lite continued gaining momentum as an Above Premium offering. In the U.K., Carling remained under pressure from consumers and competition, although Staropramen, Miller and Blue Moon performed well in the Above Premium segment. Central Europe was described as robust, with Ozujsko retaining its leading position in Croatia. EMEA and APAC experienced a tougher first half, but management expects commercial actions, innovation and restructuring benefits to improve second-half execution.

Key facts

• The majority of Monaco sales fall within 5 states and most of that is in convenience channels.