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Molson Coors reports highest sales growth in a decade

·1 min read
Molson Coors reports highest sales growth in a decade
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Molson Coors Beverage Co. stock rose 2.4% in Thursday premarket trading after the beer producer reported second-quarter earnings and sales that beat expectations. Net income totaled $388.6 million, or $1.79 per share, up from $195.0 million, or 90 cents per share. Adjusted EPS of $1.58 beat the FactSet consensus for $1.34. Sales of $3.564 billion were up from $3.030 billion last year and ahead of the FactSet consensus for $2.811 billion. "This quarter represents the best results we have had sinc