Molson Coors Q2 diluted EPS falls 42.3% to $1.23; net sales down 3.3%
Molson Coors reported second-quarter 2026 results with net sales of $3,096.5 million, down 3.3% from a year earlier, and U.S. GAAP net income attributable to MCBC of $231.7 million, or $1.23 per diluted share. The company reaffirmed its full-year 2026 outlook, which calls for an underlying income before income taxes decline of 15% to 18% in constant currency, so shareholders face lower profit this year.
Key points
- Net sales fell 3.3% to $3,096.5 million, driven by a 5.4% decline in financial volume, partly offset by a 1.8% price and sales mix benefit.
- U.S. GAAP diluted EPS was $1.23, down 42.3%; underlying diluted EPS was $1.58, down 22.9%.
- Cost pressures included a $98.0 million unfavorable change in unrealized commodity derivative positions and about $40 million from Midwest Premium pricing.
- The board declared a $0.48 per share dividend on July 16, 2026, payable September 18, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.