TAP.A Molson Coors Brewing Co.

All TAP.A filings Filing statistics SEC

Molson Coors Brewing Co. is a holding company, which engages in the provision of beer. It operates through the following segments: United States, Canada, Europe, International, and Corporate. The United States segment consists of production, marketing and sales of its brands, and other owned and licensed brands in the United States. The Canada segment includes production, marketing and sales of its brands, and other owned and licensed brands in Canada. The Europe segment comprises of production, marketing and sales of its brands as well as a number of regional brands in the United Kingdom, Republic of Ireland, and Central Europe. The International segment focuses its operations on Latin America, Europe, Asia Pacific, and Africa. The Corporate segment represents interest and certain other general and administrative costs that are not allocated to any of the operating segments. It operates under the brands Blue Moon, Coors Banquet, Coors Light, Miller Genuine Draft, Miller Lite, taropramen, Carling, Molson Canadian, Creemore Springs, Cobra, Doom Bar, Henry's Hard and Leinenkugel's. The company was founded in 1786 and is headquartered in Denver, CO.

Company profile

Ticker

TAP.A

Exchange

NYSE

Website

www.molsoncoors.com

CEO

Gavin D. K. Hattersley

Incorporated in

Delaware

Location

Colorado

Fiscal year end

Dec 31

Sector

Consumer Non-Durables > Beverages: Alcoholic

Industry (SEC)

Malt Beverages

Boston Beer • China New Borun • Craft Brew Alliance • Athena Silver • New Age Beverages • I-ON Digital • Anheuser-busch Companies • Anheuser-busch Inbev • United Breweries • Anheuser-busch Inbev ...

Former names

Coors Adolph Co

SEC CIK

0000024545

Corporate docs

Articles of Incorporation & Bylaws

IRS number

840178360

TAP.A stock data

S&P 500

1M 1Y 2Y 5Y

Company financial data Financial data

Chart TAP.A financial data

Quarter (USD)	Sep 19	Jun 19	Mar 19	Dec 18
Revenue	3.5B	3.62B	2.8B	3.02B
Net income	-402.8M	329.4M	151.4M	76M
Diluted EPS
Net profit margin	-11.52%	9.10%	5.41%	2.51%
Operating income	-237.3M	468.7M	222.1M	141.7M
Net change in cash	-80M	255.8M	145.5M	-661.2M
Cash on hand	410.2M	490.2M	234.4M	88.9M
Cost of revenue	1.69B	1.76B	1.41B	1.6B

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 third quarter of 2019, we recognized a net loss attributable to MCBC of $402.8 million, representing a decrease of $741.1 million versus the prior year. The decrease in net income attributable to MCBC was primarily driven by the impact of aggregate goodwill and intangible asset impairment losses of $691.9 million primarily related to our Canada reporting unit. The decrease was also due to lower volume, inflation, and cycling a net benefit from the amicable resolution of a vendor dispute in the prior year, partially offset by positive global pricing and mix, cost savings, lower restructuring charges, lower incentive compensation, and lower marketing spend. Net sales of approximately $2.8 billion in the third quarter of 2019 decreased 3.2% from the prior year, driven by volume declines, partially offset by net sales per hectoliter growth.

Content analysis ?

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Readability	H.S. junior Avg

New words: acclaimed, Africa, age, aggressively, Asia, assistance, attract, attrition, Belleville, biggest, breakthrough, bring, bringing, ceased, Chicago, coffee, comprised, culminated, Denver, desire, difficult, dismissed, distract, distraction, drinking, enabling, EPS, erosion, event, exceeded, exert, fail, faster, fastest, Glow, hire, hiring, hundred, iconic, influence, introducing, larger, leadership, learn, nonalcoholic, nondeductible, opportunity, organizational, Peak, personnel, Pip, pipeline, precision, proper, proxy, quickly, reconstituted, recruitment, redefining, relocation, replace, retention, retroactive, revitalization, running, satisfaction, short, showing, sixty, Sky, slogan, spread, spring, steepening, streamlined, submission, successful, successfully, sustainable, talent, temporary, thereto, train, turnover, twentieth, Ultra, unanticipated, unforeseen, unlock, Vizzy, week, whitespace, Wild, workforce, write

Removed: Advantage, category, charge, chelada, group, land, leader, number, prepare, profitable, reflective, return, shifting, Sol, survey, track, transportation

From filing 10-Q 2019 Q3