Company profile

Mark R. Hunter
Incorporated in
Fiscal year end
Industry (SEC)
Former names
Coors Adolph Co
IRS number

TAP.A stock data



31 Jul 19
17 Oct 19
31 Dec 19


Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 3.62B 2.8B 3.02B 3.63B
Net income 329.4M 151.4M 76M 338.3M
Diluted EPS
Net profit margin 9.10% 5.41% 2.51% 9.33%
Operating income 468.7M 222.1M 141.7M 469.7M
Net change in cash 255.8M 145.5M -661.2M -42.8M
Cash on hand 490.2M 234.4M 88.9M 750.1M
Cost of revenue 1.76B 1.41B 1.6B 1.71B
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 13.34B 13.47B 6.6B
Net income 1.12B 1.57B 1.59B 395.2M
Diluted EPS 6.53 9.34 2.12
Net profit margin 8.37% 11.62% 24.16%
Operating income 1.63B 1.68B 3.32B 567.2M
Net change in cash 51.1M 19.8M -21.6M -40.4M
Cash on hand 88.9M 37.8M 18M 39.6M
Cost of revenue 6.58B 6.24B 3B 2.13B

Financial data from company earnings reports

Financial report summary

Management Discussion
  • During the second quarter of 2019, we recognized net income attributable to MCBC of $329.4 million, representing a decrease of $94.7 million versus the prior year. The decrease in net income attributable to MCBC was primarily driven by lower financial volume, unrealized mark-to-market losses in the current year compared to gains on our commodity positions in the prior year, higher inflation, higher marketing expenses including increased investments behind our brands to support premiumization and innovation initiatives, and decreased general and administrative benefits versus the prior year, partially offset by favorable net pricing, the $61.3 million gain on the sale of the Montreal brewery and cost savings. Net sales of approximately $2.9 billion in the second quarter of 2019 decreased 4.4% from the prior year, driven by volume declines largely due to industry declines and unfavorable foreign currency movements, partially offset by higher net pricing in all segments and positive global mix as a result of our continued focus on premiumizing our portfolio.
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