TAP · 10-Q · 2026Q2 · Full report

Market Demand Trends

MOLSON COORS BEVERAGE CO (TAP, TAP-A) · 2026-08-06 · Importance 37 · Surprise 32

Consolidated financial volume declined 5.4% in the second quarter and 4.4% for the first six months of 2026, with lower shipments in both the Americas and EMEA&APAC. Americas volume fell 6.4% in the quarter and 4.8% year to date, primarily because of lower U.S. shipments in core and value brands and unfavorable shipment timing. EMEA&APAC volume declined 2.8% in the quarter and 3.1% year to date, reflecting weaker demand in the U.K. and Central and Eastern Europe.

Key facts

• Financial volume decreased 6.4% in the Americas for the three months ended June 30, 2026, primarily due to lower shipments in the U.S. in core and value brands and unfavorable timing of shipments. source
• Financial volume for the three months ended June 30, 2026: 19.734 million hectoliters, decreased 5.4% versus prior year. source
• Financial volume for the six months ended June 30, 2026: 34.698 million hectoliters, decreased 4.4% versus prior year. source