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Molson Coors cuts annual forecasts on tariff pressures
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Molson Coors cuts annual forecasts on tariff pressures
May 26, 2025 3:56 AM

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.

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