Molson Coors Reports 2.3% Decline in Third Quarter Net Sales
Reuters
Nov 04, 2025
Molson Coors Reports 2.3% Decline in Third Quarter Net Sales
Molson Coors Beverage Company reported a 2.3% decrease in net sales and a 3.3% decrease in constant currency for the third quarter of 2025 compared to the same period in 2024. The company recorded a U.S. GAAP loss before income taxes of $3,495.5 million, down $3,826.9 million from the prior year, mainly due to a $3,645.7 million non-cash partial goodwill impairment charge and $273.9 million in non-cash intangible asset impairment charges. Underlying (Non-GAAP) income before income taxes was $426.0 million, an 11.9% decrease in constant currency. The company cited lower financial volumes, increased competition, and ongoing commodity pricing pressures as key factors affecting results. Molson Coors reaffirmed its full year guidance, expecting to be at the low end of its key metrics ranges.
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