|Bid||54.41 x 1400|
|Ask||72.54 x 1000|
|Day's Range||56.00 - 58.20|
|52 Week Range||43.75 - 65.38|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 06, 2020|
|1y Target Est||N/A|
GOLDEN, Colo. & MONTREAL, Jun 16, 2021--Molson Coors Beverage Company (NYSE: TAP; TSX: TPX) today released its 2021 annual Environmental Social Governance (ESG) report with a refreshed strategy that focuses on two key pillars: People and Planet.
The beer industry is made up of companies specializing in the production of beer, although many of them produce other alcoholic and non-alcoholic beverages. As a result, the beer industry is part of the much broader consumer staples sector. Beer stocks, represented by the broad Consumer Staples Select Sector SPDR ETF (XLP), have underperformed the broader market.
Managing Director, the Lead Consumer Staples Research Analyst at Guggenheim Partners, Laurent Grandet, joins Yahoo Finance to discuss the factors contributing to seltzers becoming the fastest-growing segment in US alcohol and how brands like Truly are distinguishing themselves amongst the competition.