Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MOLSON COORS BEVERAGE COMPANY

(TAP)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Molson Coors to Take Its Hard Seltzer Nationwide

09/16/2021 | 04:42am EDT

By Matt Grossman

Molson Coors Beverage Co. plans to distribute its Topo Chico hard seltzer nationwide starting in January, the company said Thursday.

Molson Coors reached a deal a year ago to make the hard seltzer on behalf of Coca-Cola Co., which owns the Topo Chico brand.

Regional launches in nine states and seven metro areas have generated a positive response from customers in recent months, Coca-Cola executive Dan White said.

The product comes in four fruit flavors and will be sold in variety packs and in single servings.

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

09-16-21 0642ET

Stocks mentioned in the article
ChangeLast1st jan.
MOLSON COORS BEVERAGE COMPANY -1.53% 45.62 Delayed Quote.0.95%
THE COCA-COLA COMPANY -0.24% 54.48 Delayed Quote.-0.66%
All news about MOLSON COORS BEVERAGE COMPANY
10/15MOLSON COORS BEVERAGE : Coors Light brings back Beer Wolf in merch collab with The Laundry..
PU
10/13MOLSON COORS BEVERAGE : Madrí Excepcional doubles distribution goal in the U.K. and Irelan..
PU
10/12MOLSON COORS BEVERAGE : Topo Chico Hard Seltzer to expand into Canada next year
PU
10/12MOLSON COORS BEVERAGE : and The Coca-Cola Company Expand Offering to Bring Topo Chico Hard..
AQ
10/11MOLSON COORS BEVERAGE : Sol Chelada's Mexican ties fuel strong 2021
PU
10/08MOLSON COORS BEVERAGE : PepsiCo's move to create own alcohol-distribution company for Bost..
PU
10/07MOLSON COORS BEVERAGE CO : Entry into a Material Definitive Agreement, Creation of a Direc..
AQ
10/07Molson Coors Beverage Company Enters Amendment to Credit Agreement
CI
10/07MOLSON COORS BEVERAGE : Coors Light aims to bring ‘Chill' to football with new fall ..
PU
10/07HISPANIC HERITAGE MONTH 2021 : Meet Fiona Duran, senior microbiologist at our Golden brewe..
PU
More news
Analyst Recommendations on MOLSON COORS BEVERAGE COMPANY
More recommendations
Financials (USD)
Sales 2021 10 276 M - -
Net income 2021 924 M - -
Net Debt 2021 6 748 M - -
P/E ratio 2021 10,8x
Yield 2021 1,51%
Capitalization 9 944 M 9 944 M -
EV / Sales 2021 1,62x
EV / Sales 2022 1,50x
Nbr of Employees 17 000
Free-Float 79,7%
Chart MOLSON COORS BEVERAGE COMPANY
Duration : Period :
Molson Coors Beverage Company Technical Analysis Chart | TAP | US60871R2094 | MarketScreener
Technical analysis trends MOLSON COORS BEVERAGE COMPANY
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 45,62 $
Average target price 57,00 $
Spread / Average Target 24,9%
EPS Revisions
Managers and Directors
Gavin D. K. Hattersley President, Chief Executive Officer & Director
Tracey I. Joubert Chief Financial Officer
Andrew Thomas Molson Chairman
H. Sanford Riley Independent Director
Charles M. Herington Independent Director
Sector and Competitors
1st jan.Capi. (M$)
MOLSON COORS BEVERAGE COMPANY0.95%9 944
ANHEUSER-BUSCH INBEV-15.96%110 033
HEINEKEN N.V.0.59%61 288
AMBEV S.A.-0.77%44 909
CONSTELLATION BRANDS, INC.-0.05%41 074
BUDWEISER BREWING COMPANY APAC LIMITED-23.91%33 109