Last $77.35 USD
Change Today +0.85 / 1.11%
Volume 435.9K
TAP On Other Exchanges
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As of 5:15 PM 11/28/14 All times are local (Market data is delayed by at least 15 minutes).

molson coors brewing co -b (TAP) Snapshot

Open
$76.64
Previous Close
$76.50
Day High
$77.61
Day Low
$76.46
52 Week High
11/17/14 - $77.93
52 Week Low
02/5/14 - $50.90
Market Cap
14.4B
Average Volume 10 Days
1.2M
EPS TTM
$3.67
Shares Outstanding
161.7M
EX-Date
11/24/14
P/E TM
21.1x
Dividend
$1.48
Dividend Yield
1.91%
Current Stock Chart for MOLSON COORS BREWING CO -B (TAP)

molson coors brewing co -b (TAP) Details

Molson Coors Brewing Company manufactures and sells beer and other beverage products. The company sells its products in Canada under the Coors Light, Molson Canadian, Molson Export, Molson Canadian 67, Molson Dry, Molson Canadian Cider, the Rickard's family, Carling, Carling Black Label, Pilsner, Keystone Light, Creemore Springs, the Granville Island, and Coors Banquet brands. It also brews or distributes licensed products under the Heineken, Amstel Light, Murphy's, Newcastle Brown Ale, Strongbow cider, Miller Lite, Miller Genuine Draft, Miller Chill, Milwaukee's Best, and Milwaukee's Best Dry brands. In addition, the company distributes the Corona, Coronita, Negra Modelo, and Pacifico brands, as well as Singha brand. Further, the company sells various brands in the United States and Puerto Rico comprising Coors Light, Miller Lite, Miller High Life, Keystone Light, Blue Moon, Leinenkugel's, Coors Banquet, Miller Genuine Draft, Icehouse, Mickey's, Milwaukee's Best, Hamm's, Old English 800, Blue Moon, Henry Weinhard's, Molson and Foster's, George Killian's Irish Red, Redd's, Peroni Nastro Azzurro, Pilsner Urquell, Grolsch, Batch 19, Worthington's, St. Stefanus, Third Shift, cider, Coors Non-Alcoholic, and Sharp's. Additionally, it sells various brands in Europe that include Carling, Ozujsko, Jelen, Staropramen, Coors Light, Kamenitza, Niksicko, Bergenbier, Branik, Worthington's, Sharp's Doom Bar, Borsodi, Ostravar, Noroc, Astika, Apatinsko, and Blue Moon; and various regional ale brands, as well as factored brands. The company also sells brands through a joint venture, Cobra Beer Partnership Ltd. In addition, it sells Zima, Iceberg 9000, King Cobra, Coors Coors Gold, and Coors Extra brands. The company was formerly known as Adolph Coors Company and changed its name to Molson Coors Brewing Company in February 2005. Molson Coors Brewing Company was founded in 1786 and is headquartered in Denver, Colorado.

17,650 Employees
Last Reported Date: 02/14/14
Founded in 1786

molson coors brewing co -b (TAP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Global Chief Financial Officer
Total Annual Compensation: $556.4K
Chief Executive Officer of Molson Coors Europ...
Total Annual Compensation: $606.6K
Chief Executive Officer of Molson Coors Canad...
Total Annual Compensation: $559.7K
Chief People & Legal Officer and Corporate Se...
Total Annual Compensation: $617.6K
Compensation as of Fiscal Year 2013.

molson coors brewing co -b (TAP) Key Developments

Molson Coors Brewing Company Declares Quarterly Dividend on Class A and Class B Common Shares, Payable December 15, 2014

Molson Coors Brewing Company declared a regular quarterly dividend on its Class A and Class B common shares of USD 0.37 per share, payable December 15, 2014, to shareholders of record on November 26, 2014.

Molson Coors Brewing Company Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Molson Coors Brewing Company reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, net sales were $1,168 million against $1,171.2 million last year. Operating income was $3.1 million against $195.7 million last year. Loss from continuing operations before income taxes was $33.2 million against profit of $172.4 million last year. Net loss from continuing operations was $33.9 million or $0.20 per diluted share against net income from continuing operations was $135.2 million or $0.72 per diluted share last year. Net loss attributable to the company was $34.4 million or $0.19 per diluted share against net income attributable to the company of $134.3 million or $0.73 per diluted share last year. Underlying EBITDA was $469.2 million in the third quarter compared to $481.3 million a year ago. Non-GAAP underlying after-tax income was $271.5 million or $1.46 per diluted share compared to $279.1 million or $1.51 per diluted share a year ago. Non-GAAP underlying pre-tax income was $331.6 million compared to $335.5 million a year ago. Underlying net income attributable to company was $376.7 million compared to $363.8 million a year ago. For the nine months, net sales were $3,172.5 million against $3,177.7 million last year. Operating income was $572.1 million against $644.8 million last year. Income from continuing operations before income taxes was $465.7 million against $502.4 million last year. Net income from continuing operations was $423.8 million or $2.26 per diluted share against $433.2 million or $2.33 per diluted share last year. Net loss attributable to the company was $419.9 million or $2.26 per diluted share against net income attributable to the company of $430.1 million or $2.34 per diluted share last year. Underlying free cash flow through the first three quarters of 2014 was $766.1 million, an increase of $19.3 million from the prior year, driven by higher net cash distributions from MillerCoors, as well as lower cash paid for pension contributions, capital expenditures and interest versus last year, which were partially offset by lower working capital benefits this year. Underlying EBITDA was $1,196.6 million compared to $1,147.9 million a year ago. Net cash provided by operating activates was $1,058.4 million compared to $1,030.0 million a year ago. Additions to properties amounted to $195.8 million compared to $218.2 million a year ago. Underlying net income attributable to company was $1,114.3 million compared to $1,048.4 million a year ago.

Molson Coors Mulls Acquisitions

Molson Coors Brewing Company (NYSE:TAP) is seeking acquisitions. Tom Long, Chief Executive Officer of Molson Coors Brewing Company said, "In terms of bolt-on acquisitions, it's very true that many craft brewers are in the market right now and increasingly so. We are very engaged in a number of those discussions. We are actively looking at those that would create incremental shareholder value. It's also no secret that those valuations are extremely high right now."

 

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TAP

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Valuation TAP Industry Range
Price/Earnings 25.5x
Price/Sales 3.4x
Price/Book 1.7x
Price/Cash Flow 20.6x
TEV/Sales 1.9x
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