Molson Coors' Underperformance Partly Due to Volume Share Decline -- Market Talk

Dow Jones11-09

1443 ET - Molson Coors' volume declines in 3Q can be partially chalked up to a pullback in beer demand, but the maker of Coors and Miller beers has also been underperforming its peers, Bernstein analysts say in a research note. Its overall market growth has lagged that of Bud Light maker Anheuser-Busch InBev, which is now growing in-line with expectations, and its current volume share is well off the peak hit after beer drinkers temporarily boycotted Bud Light last year, the analysts say. Weakness in the overall beer sector played a hand as well, prompting a debate about whether the softness is structural to the category or cyclical on a weak U.S. consumer, they say. (dean.seal@wsj.com)

(END) Dow Jones Newswires

November 08, 2024 14:43 ET (19:43 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2482443260?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-09 03:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2482443260","market":"sg","top_or_hot":-1,"title":"Molson Coors' Underperformance Partly Due to Volume Share Decline -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1443 ET - Molson Coors' volume declines in 3Q can be partially chalked up to a pullback in beer demand, but the maker of Coors and Miller beers has also been underperforming its peers, Bernstein analysts say in a research note. Its overall market growth has lagged that of Bud Light maker Anheuser-Busch InBev, which is now growing in-line with expectations, and its current volume share is well off the peak hit after beer drinkers temporarily boycotted Bud Light last year, the analysts say. Weakness in the overall beer sector played a hand as well, prompting a debate about whether the softness is structural to the category or cyclical on a weak U.S. consumer, they say. (dean.seal@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 08, 2024 14:43 ET (19:43 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Molson Coors' Underperformance Partly Due to Volume Share Decline -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMolson Coors' Underperformance Partly Due to Volume Share Decline -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-09 03:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1443 ET - Molson Coors' volume declines in 3Q can be partially chalked up to a pullback in beer demand, but the maker of Coors and Miller beers has also been underperforming its peers, Bernstein ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BUD","symbol_name":"百威英博","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2482443260","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482443260","pubTimestamp":1731094980,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1443 ET - Molson Coors' volume declines in 3Q can be partially chalked up to a pullback in beer demand, but the maker of Coors and Miller beers has also been underperforming its peers, Bernstein analysts say in a research note. Its overall market growth has lagged that of Bud Light maker Anheuser-Busch InBev, which is now growing in-line with expectations, and its current volume share is well off the peak hit after beer drinkers temporarily boycotted Bud Light last year, the analysts say. Weakness in the overall beer sector played a hand as well, prompting a debate about whether the softness is structural to the category or cyclical on a weak U.S. consumer, they say. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"BUD":"百威英博","TAP":"莫库酒业"},"translate_title":"Molson Coors表现不佳的部分原因是销量份额下降——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BUD":0.9,"TAP":0.9},"content_text":"1443 ET - Molson Coors' volume declines in 3Q can be partially chalked up to a pullback in beer demand, but the maker of Coors and Miller beers has also been underperforming its peers, Bernstein analysts say in a research note. Its overall market growth has lagged that of Bud Light maker Anheuser-Busch InBev, which is now growing in-line with expectations, and its current volume share is well off the peak hit after beer drinkers temporarily boycotted Bud Light last year, the analysts say. Weakness in the overall beer sector played a hand as well, prompting a debate about whether the softness is structural to the category or cyclical on a weak U.S. consumer, they say. (dean.seal@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  November 08, 2024 14:43 ET (19:43 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"Business Data","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482443260"}