Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Brewer Molson Coors"


2 mentions found


Brewer Molson Coors said on Tuesday that it expects to maintain its market share gains in the year ahead. Those revenue gains were in large part tied to consumers migrating away from AB InBev 's Bud Light products after boycotts began last April. It was a return to profit for Molson Coors from a loss a year ago. Ariel Investments, which has invested in Molson Coors since 2018, also remains confident in the stock's performance. "The core brands were growing dollar share even before the Bud Light controversy," said Tim Fidler, Ariel Investments' portfolio manager.
Persons: Brewer Molson Coors, Molson Coors, Molson, Gavin Hattersley, Hattersley, Greg Tierney, Cowen, Robert Moskow, Ariel, Bud, Tim Fidler Organizations: Coors, InBev, Molson Coors, Bud Light, Bud, Ariel Investments, CNBC PRO Locations: United States, U.S
The Beast Unleashed contains 6% alcohol by volume and flavors inspired by its energy drinks. Called The Beast Unleashed, the drinks are made with malt alcohol and contain 6% alcohol by volume, though no caffeine or energy-inducing ingredients. But the Beast beverages are its latest attempt to diversify its business. Beast Unleashed, which the company announced in early 2022, is the company's first alcoholic beverage that uses the Monster brand. The launch marked the first alcoholic beverage that the cola maker sold in the US.
Total: 2