May 8 (Reuters) - Molson Coors ( TAP/A ) lowered its
forecast for annual sales and profit on Thursday, in
anticipation of Trump's tariffs weighing on beer demand, sending
the company's shares down about 9% in premarket trading.
The company expects a low single-digit decline in annual net
sales, compared with previous expectations of a growth in the
low-single digits.
Molson Coors ( TAP/A ) also sees a low single-digit increase in annual
adjusted profit, compared to prior expectations of a high
single-digit increase.