Molson Coors Beverage Co

Company facts

Industry

Malt Beverages

Headquarters

Golden, Colorado

Most recent report

10-Q, filed Aug 6, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 24545

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 13 sections worth reading, with 1 positive, 5 notable, and 2 negative flags.

• Financial Statements (Item 1)

  Full financials and notes: profit down 46%, debt refinancing, $275M acquisition.
  Notable

  • Acquired Atomic Brands (Monaco Cocktails) on April 1, 2026 for $275M, aligned with beyond-beer strategy.
  • Issued $500M 4.9% notes due 2031, $1.0B 5.5% notes due 2036, CAD 500M 4.3% notes due 2033 to refinance July 2026 maturities.
  Negative

  • Americas goodwill at heightened impairment risk after partial charge in Q3 2025; growth targets at risk.

• Management's Discussion (Item 2)

  Sharp profit decline, cost inflation, acquisition, debt refinancing, all company-specific.
  Positive

  • Operating cash flow rose to $820.4M in H1 from $627.6M, helped by working capital timing.
  Notable

  • Fair value change in Fevertree Drinks plc investment hit non-operating income by $18M (Q2) and $54.1M (H1).
  • Repaid $2.0B 3.0% senior notes due July 2026 with proceeds from new notes and cash on hand.
  • After commercial paper borrowings of ~$0.2B (Aug 6), revolver availability is ~$1.8B.
  Negative

  • Midwest Premium added $40M (Q2) and $70M (H1) to COGS; $130M expected for full 2026.

What changed: Jun 2026 vs. Mar 2026

About 17% of TAP's Jun 2026 10-Q is new information. 54 paragraphs were added, 155 changed, and 32 removed. Below are the most important lines SECSift identified.

• Item 2 86
• Item 1 70
• Item 3 5
• Item 6 3
• Item 4 2
• Item 5 1