​Molson Coors Says US Beer Demand Sinks In “Challenged Macroeconomic Environment” – Tyler Durden

Molson Coors Says US Beer Demand Sinks In “Challenged Macroeconomic Environment” Molson Coors Beverage Co., the company behind Miller Lite, Molson Canadian, and Blue Moon, reported third-quarter sales that missed Wall Street expectations and forecasted a decline for the year. The brewer cited a challenging macroeconomic environment in the US that pressured consumers, reducing beer demand for the quarter.  For the quarter ending Sept. 30, net sales declined 7.8% to $3.04 billion, below the Bloomberg consensus of $3.13 billion. The brewer noted that its European and Asian business units performed strongly, as did Canada within its Americas business unit, but…  — Continue at ZeroHedge News : Read More