Molson Coors Beverage Co., headquartered in Golden, Colorado, produces and sells beer, employing 16,500 staff across the Americas and EMEA&APAC segments with a total of 35 breweries. The company operates nine primary and nine craft breweries in the Americas, and 11 primary and six craft breweries in EMEA&APAC.
TAP has been in the news recently: A recent survey by Goldman revealed that 55% of beer distributors reported weaker sales, which may impact companies like Molson Coors Beverage Company due to Gen Z's declining drinking habits. Additionally, other beverage firms, such as Brown-Forman, have faced significant stock declines after reporting earnings below market expectations.
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