Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Five Trail, Hop Valley brands, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

Molson Coors Beverage Company

Molson Coors Beverage Company’s TAP outlook is mainly shaped by one central issue: declining volumes. While pricing actions, mix improvement and cost discipline continue to provide some cushion, the company is operating in a beer industry that remains structurally soft, particularly in the United States. In the third quarter of 2025, consolidated net sales declined 3.3% year over year, reflecting the difficulty of offsetting lower shipment volumes despite modest pricing gains. Management has reiterated that the industry slowdown is cyclical, but the persistence of volume pressure raises questions about how durable earnings recovery can be if demand remains weak into 2026.
The numbers underline why volume is the key risk. In third-quarter 2025, Molson Coors’ brand volumes fell roughly 4%-5%, while the U.S. beer industry itself declined by about 4.7%. Earlier in the year, the pressure was even more pronounced, with first-half volumes down at a high-single-digit pace, exacerbated by weaker distributor shipments and reduced contract brewing.
Although net price realization improved by around 1%-2%, it was not enough to fully offset volume declines, leading management to guide 2025 net sales to a 3%-4% decline and underlying pretax income to fall 12%-15%. These dynamics highlight the limits of pricing in a contracting category.
Molson Coors’ volume challenges are not purely company-specific but reflect broader industry and macro trends. Beer consumption in the United States continues to face pressure from shifting consumer preferences, higher living costs and softer demand among lower-income consumers, while European markets remain sluggish.
Against this backdrop, Molson Coors is leaning on restructuring, portfolio prioritization and investment behind core and premium brands to stabilize performance. Still, unless industry volumes show meaningful improvement, volume decline is likely to remain the biggest drag on the company’s 2025 outlook, overshadowing otherwise solid execution on pricing, cost control and balance-sheet strength.
TAP’s Zacks Rank & Share Price Performance
Shares of this Zacks Rank #3 (Hold) company have lost 4.6% in the past six months compared with the Zacks Beverages - Soft Drinks industry’s decline of 8.4% and the broader Consumer Staples sector’s fall of 6.3%.
TAP Stock's Six-Month Performance
Image Source: Zacks Investment Research
Is TAP Stock a Value Play?
Molson Coors shares are currently trading at a forward 12-month price-to-earnings (P/E) multiple of 8.51X, at a discount compared with the industry’s average of 14.19X. The stock is undervalued compared with its industry peers, offering compelling value to investors looking for exposure to the beverage segment.
TAP P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research
Stocks to Consider
The Vita Coco Company, Inc. COCO develops, markets and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, Africa and the Asia Pacific. COCO currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Vita Coco's current fiscal-year sales and earnings implies growth of 18% and 15%, respectively, from the year-ago reported figures. Vita Coco delivered a trailing four-quarter earnings surprise of 30.4%, on average.
Monster Beverage Corporation MNST engages in the development, marketing, sale and distribution of energy drink beverages and concentrates in the United States and internationally. MNST currently sports a Zacks Rank #1.
The Zacks Consensus Estimate for Monster Beverage's current fiscal-year sales and earnings implies growth of 9.7% and 22.8%, respectively, from the year-ago actuals. MNST delivered a trailing four-quarter earnings surprise of 5.5%, on average.
United Natural Foods, Inc. UNFI distributes natural, organic, specialty, produce and conventional grocery and non-food products in the United States and Canada. At present, United Natural flaunts a Zacks Rank of 1.
The Zacks Consensus Estimate for United Natural’s current fiscal-year sales and earnings implies growth of 9.7% and 22.8%, respectively, from the year-ago reported figures. UNFI delivered a trailing four-quarter earnings surprise of 5.5%, on average.
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Is Volume Decline the Real Risk Behind Molson Coors' 2025 Outlook?

A look at the weighted underlying holdings of the First Trust Nasdaq Food & Beverage ETF (FTXG) shows an impressive 10.8% of holdings on a weighted basis have experienced insider buying within the past six months.
Molson Coors Beverage Co (Symbol: TAP), which makes up 3.81% of the First Trust Nasdaq Food & Beverage ETF (FTXG), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $648,186 worth of TAP, making it the #12 largest holding. The table below details the recent insider buying activity observed at TAP:
TAP — last trade: $46.61 — Recent Insider Buys:
And Celsius Holdings Inc (Symbol: CELH), the #28 largest holding among components of the First Trust Nasdaq Food & Beverage ETF (FTXG), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $72,378 worth of CELH, which represents approximately 0.43% of the ETF's total assets at last check. The recent insider buying activity observed at CELH is detailed in the table below:
CELH — last trade: $46.44 — Recent Insider Buys:
Also see:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

10.8% of FTXG Holdings Seeing Recent Insider Buys

Premiumization has emerged as one of Molson Coors Beverage Company’s TAP most important strategic levers amid persistent softness in core beer demand, but whether those bets can fully offset volume pressure remains an open question. With U.S. beer consumption weighed down by inflation, shifting demographics and macro uncertainty, the company is leaning heavily into higher-margin brands to stabilize performance. This includes accelerating investments in above-premium labels, including Blue Moon and Peroni, expanding RTD (Ready to Drink) innovations, strengthening the positioning of key regional winners and enhancing its presence in high-growth categories.
Premium brands not only deliver higher margins, but they also tend to retain consumer loyalty even as spending becomes more selective. Molson Coors is pursuing a similar playbook: sharpened brand messaging, revamped packaging and targeted launches catering to evolving tastes — from flavor-forward beers to spirit-based RTDs.
Early signs indicate Molson Coors has attractive growth opportunities in the above-premium space. Peroni, which the company fully on-shored and began supporting with refreshed commercial plans, grew volumes by 25% in the third quarter of 2025, demonstrating the potential for premium brands to drive both revenue quality and market share. Beyond Peroni, TAP sees room to elevate other brands through new campaigns, broader distribution and innovation, particularly as premium beer and beyond-beer segments continue to outpace mainstream offerings in consumer preference. These gains support the view that premiumization can lift margins even in a declining category.
However, the challenge lies in scale. Premium brands represent a smaller portion of Molson Coors’ total volume, meaning strong performance in this segment may not fully offset softness elsewhere. The company’s volume declines have been concentrated in flavors and economy — two large segments where consumer pullback has been more pronounced. With the beer industry expected to contract 4-6% in the second half of 2025, premiumization faces a high bar as macro pressures continue to weigh on lower-income buyers and reduce trip frequency. For premium gains to translate into meaningful top-line stability, Molson Coors must also address headwinds in its core and value brands.
Ultimately, Molson Coors’ premium push strengthens mix and profitability, but its ability to fully counter slower core demand will hinge on sustained innovation, effective pricing and continued consumer trading-up trends in 2025 and beyond.
TAP’s Zacks Rank & Share Price Performance
Shares of this Zacks Rank #3 (Hold) company have lost 1.6% in the past six months against the Zacks Beverages - Soft Drinks industry’s growth of 1.8%. However, the broader Consumer Staples sector declined 2.8% during the same period.
TAP Stock's Six-Month Performance
Image Source: Zacks Investment Research
Is TAP Stock a Value Play?
Molson Coors’ shares are currently trading at a forward 12-month price-to-earnings (P/E) multiple of 8.53X, at a discount compared with the industry’s average of 14.35X. The stock is undervalued compared with its industry peers, offering compelling value to investors looking for exposure to the consumer staple sector.
TAP P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research
Better-Ranked Stocks
United Natural Foods, Inc. UNFI distributes natural, organic, specialty, produce and conventional grocery and non-food products in the United States and Canada. United Natural currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The consensus estimate for United Natural’s current fiscal-year sales and earnings implies growth of 1.02% and 187.3%, respectively, from the year-ago figures. UNFI delivered a trailing four-quarter earnings surprise of 52.1%, on average.
The Vita Coco Company COCO produces and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, Africa and the Asia Pacific. It presently flaunts a Zacks Rank of 1.
The Zacks Consensus Estimate for Vita Coco’s 2025 sales and EPS indicates growth of 18% and 14.9%, respectively, from the prior-year reported levels. COCO delivered a trailing four-quarter earnings surprise of 30.4%, on average.
Lamb Weston Holdings, Inc. LW engages in the production, distribution and marketing of frozen potato products in the United States, Canada, Mexico and internationally. It carries a Zacks Rank of 2 (Buy) at present.
The Zacks Consensus Estimate for Lamb Weston's current fiscal-year sales indicates growth of 1.3% from the prior-year levels. Lamb Weston delivered a trailing four-quarter earnings surprise of 16%, on average.
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Can Molson Coors' Premium Bets Make Up for Sluggish Beer Demand?

The following are today's upgrades for Validea's Book/Market Investor model based on the published strategy of Joseph Piotroski. This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria.
GRIFOLS SA - ADR (GRFS) is a mid-cap growth stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Joseph Piotroski changed from 0% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Grifols SA is a Spain-based global specialty pharmaceutical company developing, manufacturing and distributing a broad range of biological medicines based on plasma derived proteins. The Company organizes its business into five divisions: Bioscience, Diagnostic, Hospital, Bio Supplies and Others. Bioscience includes manufacturing activities of plasma derivatives for therapeutic use and the sale and distribution of end products. Its diagnostic focuses on researching, developing, manufacturing and marketing in vitro diagnostics products, such as analytical instruments, reagents and software, among others, for laboratories. Hospital offers technology and services for hospitals, clinics and specialized centers for the manufacture of medicines, as well as physiological saline solution, enteral nutritional fluids and medical devices for interventional therapy. Its bio Supplies provides, mostly, biological products for non-therapeutic use.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of GRIFOLS SA - ADR
INVESCO LTD (IVZ) is a large-cap growth stock in the Investment Services industry. The rating according to our strategy based on Joseph Piotroski changed from 0% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Invesco Ltd. is an independent investment management firm. It serves the retail and institutional markets within the investment management industry in the Americas, Europe, Middle East, and Africa and Asia-Pacific in 120 countries. It offers a range of investment strategies across asset classes, investment styles, and geographies. Its asset classes include equity, fixed income, balanced, alternatives and money market. Its retail assets under management include exchange-traded funds, separately managed accounts, individual savings accounts, investment companies with variable capital, investment trusts, open-end mutual funds, unit investment trusts, and variable insurance funds. Its institutional assets include institutional separate accounts, private funds, open-end mutual funds, and collective trust funds. Its client base includes public and private entities, unions, non-profit organizations, endowments, foundations, financial institutions, and sovereign wealth funds.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of INVESCO LTD
MOLSON COORS BEVERAGE CO (TAP) is a mid-cap growth stock in the Beverages (Alcoholic) industry. The rating according to our strategy based on Joseph Piotroski changed from 0% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Molson Coors Beverage Company is a holding company. The Company operates in two segments: Americas and EMEA&APAC. The Americas segment consists of the production, importing, marketing, distribution and sales of its owned brands and partner brands and licensed brands in the United States, Canada and various countries in Latin America. It operates nine primary breweries, three craft breweries and two container operations. It also includes partnership arrangements for the distribution of beer in Ontario and the western provinces of Canada. The EMEA&APAC segment consists of the production, marketing and sales of its primary brands as well as other owned and licensed brands in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the United Kingdom, various other European countries and certain countries within the Middle East, Africa and Asia Pacific regions. It operates approximately 11 primary breweries, four craft breweries and one cidery.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of MOLSON COORS BEVERAGE CO
About Joseph Piotroski: Piotroski isn't your typical Wall Street big shot. In fact, he's not even a professional investor. He's a good old numbers-crunching accountant and college professor. But in 2000, shortly after he started teaching at the University of Chicago's Graduate School of Business, Piotroski published a groundbreaking paper in the Journal of Accounting Research entitled "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers". In it, Piotroski laid out an accounting-based stock-selection/shorting method that produced a 23 percent average annual back-tested return from 1976 through 1996 -- more than double the S&P 500's gain during that time. Piotroski's findings were reported in major financial publiations like SmartMoney. Today, he teaches accounting at Stanford University's Graduate School of Business.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea Joseph Piotroski Strategy Daily Upgrade Report - 11/26/2025

Fintel reports that on November 21, 2025, Piper Sandler maintained coverage of Molson Coors Beverage (NYSE:TAP) with a Neutral recommendation.
Analyst Price Forecast Suggests 15.85% Upside
As of November 17, 2025, the average one-year price target for Molson Coors Beverage is $52.68/share. The forecasts range from a low of $40.40 to a high of $75.60. The average price target represents an increase of 15.85% from its latest reported closing price of $45.47 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Molson Coors Beverage is 11,112MM, a decrease of 0.91%. The projected annual non-GAAP EPS is 4.63.
What is the Fund Sentiment?
There are 1,296 funds or institutions reporting positions in Molson Coors Beverage. This is an decrease of 28 owner(s) or 2.11% in the last quarter. Average portfolio weight of all funds dedicated to TAP is 0.20%, an increase of 12.06%. Total shares owned by institutions decreased in the last three months by 1.48% to 205,930K shares. The put/call ratio of TAP is 0.79, indicating a bullish outlook.
What are Other Shareholders Doing?
Dodge & Cox holds 18,631K shares representing 10.05% ownership of the company. In its prior filing, the firm reported owning 14,396K shares , representing an increase of 22.73%. The firm increased its portfolio allocation in TAP by 16.94% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 10,301K shares representing 5.56% ownership of the company. In its prior filing, the firm reported owning 10,532K shares , representing a decrease of 2.24%. The firm decreased its portfolio allocation in TAP by 25.02% over the last quarter.
Lsv Asset Management holds 5,989K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 6,103K shares , representing a decrease of 1.90%. The firm decreased its portfolio allocation in TAP by 12.89% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,514K shares representing 2.98% ownership of the company. In its prior filing, the firm reported owning 5,389K shares , representing an increase of 2.28%. The firm decreased its portfolio allocation in TAP by 27.87% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 4,862K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 4,783K shares , representing an increase of 1.63%. The firm decreased its portfolio allocation in TAP by 28.65% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Piper Sandler Maintains Molson Coors Beverage (TAP) Neutral Recommendation

Investors in Molson Coors Beverage Co (Symbol: TAP) saw new options begin trading today, for the July 2026 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 239 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TAP options chain for the new July 2026 contracts and identified one put and one call contract of particular interest.
The put contract at the $45.00 strike price has a current bid of $2.10. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $45.00, but will also collect the premium, putting the cost basis of the shares at $42.90 (before broker commissions). To an investor already interested in purchasing shares of TAP, that could represent an attractive alternative to paying $45.53/share today.
Because the $45.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 56%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 4.67% return on the cash commitment, or 7.13% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Molson Coors Beverage Co, and highlighting in green where the $45.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $47.50 strike price has a current bid of $1.30. If an investor was to purchase shares of TAP stock at the current price level of $45.53/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $47.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 7.18% if the stock gets called away at the July 2026 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if TAP shares really soar, which is why looking at the trailing twelve month trading history for Molson Coors Beverage Co, as well as studying the business fundamentals becomes important. Below is a chart showing TAP's trailing twelve month trading history, with the $47.50 strike highlighted in red:
Considering the fact that the $47.50 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.86% boost of extra return to the investor, or 4.36% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example, as well as the call contract example, are both approximately 30%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $45.53) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
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MEI Options Chain
JMAC YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

July 2026 Options Now Available For Molson Coors Beverage (TAP)

For Immediate Release
Chicago, IL – November 19, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Molson Coors Beverage Co. TAP, Chefs' Warehouse Holdings, LLC CHEF, Ambev (ABEV) and PepsiCo Inc. PEP.
Here are highlights from Tuesday’s Analyst Blog:
Beer Business Softness Deepens: Can Molson-Coors Reignite Core Brands?
Molson Coors Beverage Co. is navigating one of the most challenging beer environments in recent years, as industry volume declines continue to weigh on overall performance. In 2025, U.S. beer consumption softened more sharply than historical trends, pressured by macro factors such as inflation, tariffs and strain on lower-income consumers — segments that disproportionately drive mainstream beer purchases. Against this backdrop, Molson Coors’ core brands, including Coors Light and Miller Lite, have faced heightened competitive pressure and shifting consumer behavior, with fewer buyers and reduced spending per trip.
To counter these headwinds, Molson Coors is taking a renewed, more aggressive approach to revitalize its core portfolio. The company is increasing marketing investment in flagship brands, launching fresh campaigns and deepening partnerships in high-visibility arenas like sports and music.
The strategy also includes sharpening execution in local markets, recognizing that different regions respond differently to pricing, brand messaging and promotional activity. Additionally, TAP is leaning into the momentum of Coors Banquet, a standout performer with strong brand resonance, while working to narrow its distribution gap with Coors Light.
Molson Coors is rebalancing its portfolio with a stronger focus on economy brands that remain critical in a strained consumer environment. By improving discipline around pricing, innovation and regional activation for brands like Miller High Life and Keystone Light, the company aims to shore up share in the segments where much of the recent softness has originated.
Overall, while the beer slowdown presents real challenges, Molson Coors’ combination of targeted investment, commercial realignment and renewed attention to its core and economy offerings sets the stage for stabilization, and potentially a return to growth, once macro pressures ease.
TAP’s Zacks Rank & Share Price Performance
Shares of this Zacks Rank #3 (Hold) company have lost 19.5% in the past six months, underperforming the Zacks Beverages - Soft Drinks industry’s decline of 11.1% and the broader Consumer Staples sector’s fall of 7.2%.
Is TAP Stock a Value Play?
Molson Coors shares are currently trading at a forward 12-month price-to-earnings (P/E) multiple of 8.22X, at a discount compared with the industry’s average of 14.52X. The stock is undervalued compared with its industry peers, offering compelling value to investors looking for exposure to the consumer staple sector.
Stocks to Consider
Chefs' Warehouse Holdings, LLC is a distributor of specialty food products. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Chefs' Warehouse’s current financial-year earnings and revenues implies growth of 29.3% and 8.1%, respectively, from the year-ago actuals. CHEF delivered a trailing four-quarter average earnings surprise of 14.7%.
Ambev is engaged in producing, distributing and selling beer, carbonated soft drinks and other non-alcoholic and non-carbonated products in many countries across the Americas. ABEV currently carries a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Ambev’s current financial-year sales indicates year-over-year growth of 1.5%, while the EPS estimate suggests no change from the year-ago reported number. ABEV delivered a trailing four-quarter negative earnings surprise of 4.2%, on average.
PepsiCo Inc. is one of the leading global food and beverage companies. It currently has a Zacks Rank of 2.
PepsiCo delivered a trailing four-quarter earnings surprise of 1%, on average. The Zacks Consensus Estimate for PEP’s current financial-year sales indicates growth of 1.8% from the year-ago reported number, while that for EPS suggests a 0.6% decline.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights Molson Coors, Chefs' Warehouse, Ambev and PepsiCo

Constellation Brands, Inc. STZ remains a dominant force in beer, and wine & spirits, thanks to its consistent focus on premiumization, brands and disciplined portfolio management. With a lineup of consumer-preferred, high-quality labels, including Modelo Especial, Corona Extra, Pacifico, Robert Mondavi Winery, Kim Crawford, The Prisoner Wine Company, High West Whiskey and Casa Noble Tequila, the company is positioned to meet the evolving consumer tastes.
The company is further strengthening its position by investing in innovation and launching products that align with priority consumer trends, supporting sustained growth across its Power Brand portfolio. STZ continues to prioritize high-margin, fast-growing segments across the beverage alcohol market. The company is effectively capitalizing on the ongoing premiumization trends through direct-to-consumer capabilities and an expanded global footprint.
Constellation Brands’ premiumization strategy is quite encouraging. Within Wine & Spirits, the company is reshaping its portfolio toward premium labels that better align with evolving consumer preferences. In beer, premiumization is also driving momentum across both traditional and flavored segments, including seltzers, flavored beers, RTD spirits and flavored malt beverages.
Constellation Brands’ core brand strategy is gaining strong momentum in 2025, particularly within its beer business, and is helping drive higher earnings. STZ’s brand-building efforts, further complemented by momentum in the beer business, tapping premiumization, innovations and solid cost savings, will continue to deliver growth ahead.
STZ’s Peers: How BUD, SAM & TAP Reinforce Brand Portfolio
Anheuser-Busch InBev SA/NV BUD, The Boston Beer Company, Inc. SAM and Molson Coors Beverage Company TAP are the key companies that compete with Constellation Brands.
Anheuser-Busch InBev SA/NV alias AB InBev’s relentless execution, investment in brands and accelerated digital transformation have been encouraging. The company’s premiumization strategy is a key growth driver. AB InBev has been investing in developing a diverse portfolio of global, international and crafts and specialty premium brands in its markets. Among the above-core brands, Corona has been leading the performance, delivering low-teens revenue growth outside of Mexico, including double-digit volume gains across more than 30 markets. BUD has been focused on expanding its Beyond Beer portfolio as well.
Boston Beer remains focused on product innovations and brand development to strengthen its market position and drive operational performance. Among the most iconic brands in American craft brewing, Samuel Adams is the keystone of Boston Beer. Boston Beer has diversified its lineup with beverages like Truly Hard Seltzer and has grown beyond traditional beer. SAM’s diversification strategy centers on expanding its “Beyond Beer” portfolio, including hard seltzers, ciders and other alternative alcoholic beverages, to capitalize on the evolving consumer taste, reducing reliance on the traditional beer segment.
Molson Coors remains committed to bolstering growth through innovation and premiumization. To accelerate portfolio premiumization, the company has been aggressively growing its above-premium portfolio. It remains focused on stabilizing its larger above-premium brands in the US, while simultaneously pursuing meaningful growth opportunities for its most strategic, high-performing brands. The company intends to invest in iconic brands and growth opportunities in the above-premium beer space and expand in adjacencies and beyond beer.
STZ’s Price Performance, Valuation & Estimates
Shares of Constellation Brands have lost 41.1% year to date compared with the industry’s dip of 3.5%.
Image Source: Zacks Investment Research
From a valuation standpoint, STZ trades at a forward price-to-earnings ratio of 10.70X compared with the industry’s average of 14.29X.
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The Zacks Consensus Estimate for STZ’s fiscal 2026 earnings implies a year-over-year decline of 16.6%, while that for fiscal 2027 indicates growth of 8.8%. The company’s EPS estimate for fiscal 2026 and fiscal 2027 has been stable in the past 30 days.
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Constellation Brands stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Will Constellation Brands' Emphasis on Core Labels Drive Growth Ahead?

Molson Coors Beverage Company TAP is navigating one of the most challenging beer environments in recent years, as industry volume declines continue to weigh on overall performance. In 2025, U.S. beer consumption softened more sharply than historical trends, pressured by macro factors such as inflation, tariffs and strain on lower-income consumers — segments that disproportionately drive mainstream beer purchases. Against this backdrop, Molson Coors’ core brands, including Coors Light and Miller Lite, have faced heightened competitive pressure and shifting consumer behavior, with fewer buyers and reduced spending per trip.
To counter these headwinds, Molson Coors is taking a renewed, more aggressive approach to revitalize its core portfolio. The company is increasing marketing investment in flagship brands, launching fresh campaigns and deepening partnerships in high-visibility arenas like sports and music. The strategy also includes sharpening execution in local markets, recognizing that different regions respond differently to pricing, brand messaging and promotional activity. Additionally, TAP is leaning into the momentum of Coors Banquet, a standout performer with strong brand resonance, while working to narrow its distribution gap with Coors Light.
Molson Coors is rebalancing its portfolio with a stronger focus on economy brands that remain critical in a strained consumer environment. By improving discipline around pricing, innovation and regional activation for brands like Miller High Life and Keystone Light, the company aims to shore up share in the segments where much of the recent softness has originated.
Overall, while the beer slowdown presents real challenges, Molson Coors’ combination of targeted investment, commercial realignment and renewed attention to its core and economy offerings sets the stage for stabilization, and potentially a return to growth, once macro pressures ease.
TAP’s Zacks Rank & Share Price Performance
Shares of this Zacks Rank #3 (Hold) company have lost 19.5% in the past six months, underperforming the Zacks Beverages - Soft Drinks industry’s decline of 11.1% and the broader Consumer Staples sector’s fall of 7.2%.
TAP Stock's Six-Month Performance
Image Source: Zacks Investment Research
Is TAP Stock a Value Play?
Molson Coors shares are currently trading at a forward 12-month price-to-earnings (P/E) multiple of 8.22X, at a discount compared with the industry’s average of 14.52X. The stock is undervalued compared with its industry peers, offering compelling value to investors looking for exposure to the consumer staple sector.
TAP P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research
Stocks to Consider
Chefs' Warehouse Holdings, LLC CHEF is a distributor of specialty food products. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Chefs' Warehouse’s current financial-year earnings and revenues implies growth of 29.3% and 8.1%, respectively, from the year-ago actuals. CHEF delivered a trailing four-quarter average earnings surprise of 14.7%.
Ambev ABEV is engaged in producing, distributing and selling beer, carbonated soft drinks and other non-alcoholic and non-carbonated products in many countries across the Americas. ABEV currently carries a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Ambev’s current financial-year sales indicates year-over-year growth of 1.5%, while the EPS estimate suggests no change from the year-ago reported number. ABEV delivered a trailing four-quarter negative earnings surprise of 4.2%, on average.
PepsiCo Inc. PEP is one of the leading global food and beverage companies. It currently has a Zacks Rank of 2.
PepsiCo delivered a trailing four-quarter earnings surprise of 1%, on average. The Zacks Consensus Estimate for PEP’s current financial-year sales indicates growth of 1.8% from the year-ago reported number, while that for EPS suggests a 0.6% decline.
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This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
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PepsiCo, Inc. (PEP) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Beer Business Softness Deepens: Can Molson Coors Reignite Core Brands?

Key Points
Andrew Thomas Molson recently reported some open market purchases of Molson Coors stock.
Andrew Molson directly held around $1.1 million worth of the stock following the transaction.
Molson Andrew Thomas, Director at Molson Coors Beverage Company (NYSE:TAP), executed an open-market purchase of 7,500 shares on November 10, 2025. SEC Form 4 filing
Transaction summary
Shares traded
7,500
Transaction value
$350,924
Post-transaction shares
22,654
Post-transaction value (direct ownership)
$1.1 million
Transaction value based on SEC Form 4 reported price ($46.79); post-transaction value based on November 10, 2025, market close (unverified specific price).
Key questions
How does this transaction affect Andrew Thomas Molson's ownership in Molson Coors Beverage Company?
This open-market purchase increased his direct holdings by 49.49%, bringing his direct stake to 22,654 shares, or approximately 0.011% of outstanding shares as of the transaction date.
What is the market context for this purchase?
The transaction took place when the shares were priced at $46.79 on November 10, 2025. As of that date, Molson Coors Beverage Company shares had declined by 23.07% over the prior twelve months.
How does this transaction compare to Andrew Thomas Molson’s historical activity?
This is the first non-administrative direct share purchase by Andrew Thomas Molson in the past three years. Previous filings consisted solely of administrative adjustments with no net share acquisitions or disposals. The scale and direction of this purchase represent a significant change in his insider activity.
What is the significance of the transaction size relative to his prior holdings?
The 7,500-share acquisition increased his direct holdings from 15,154 to 22,654 shares, representing a nearly 50% increase in direct ownership. This substantial addition stands out given the lack of prior buy or sell transactions during the period since May 2023.
Company overview
Employees
16,800
Revenue (TTM)
$11.21 billion
Net income (TTM)
-$2.09 billion
1-year price change
N/A
* 1-year price change calculated using November 10th, 2025 as the reference date.
Company snapshot
Produces and markets beer, flavored malt beverages, craft offerings, and ready-to-drink beverages under a variety of established brands.
Generates revenue primarily through beverage sales across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region, leveraging a portfolio of legacy and innovative products.
Serves a broad customer base, including distributors, retailers, and on-premise establishments, targeting both mass-market and premium beverage consumers.
Molson Coors Beverage Company is a leading global brewer with a diverse beverage portfolio and operations spanning multiple continents. The company leverages its scale and brand heritage to compete in both mainstream and premium beverage segments. Strategic focus on innovation and geographic reach underpins its ability to adapt to evolving consumer preferences and industry trends.
Foolish take
When it comes to insider transactions, the most important thing to remember is that there are lots of reasons to sell but only one reason to buy. Andrew Molson's recent acquisition of Molson stock suggests he expects the beaten-down stock to rebound.
Shares of the international beverage business behind the Molson and Coors brands are down 58% from the peak they reached in 2016. Despite the underperformance, Molson raised his stake in the company by about 50% in one transaction.
On the surface, Andrew Molson's recent vote of confidence in the beverage that shares his name seems misplaced. On Nov. 4, 2025, Molson Coors reported third-quarter sales that decreased by 2.3% year over year.
Molson Coors' recent bottom-line performance was even less encouraging than its top line. Adjusted third-quarter earnings before income taxes declined by 11.9% year over year.
A staff reduction could help widen profit margins in the quarters ahead. To compensate for a recent loss of sales, Molson Coors announced a restructuring plan this October that involves the elimination of about 400 salaried positions across its Americas segment.
Glossary
Open-market purchase: Buying securities directly on a public exchange, rather than through private or company-arranged transactions.
Director: A member of a company's board responsible for overseeing management and major decisions.
SEC Form 4: A required filing that discloses insider trades of company securities by officers, directors, or significant shareholders.
Insider activity: Trades or transactions in a company’s securities by its executives, directors, or major shareholders.
Administrative adjustments: Changes in reported share ownership not resulting from market purchases or sales, such as stock splits or grants.
Outstanding shares: The total number of a company’s shares currently held by all shareholders, including insiders and the public.
Direct ownership: Shares held personally by an individual, not through trusts or indirect arrangements.
TTM: The 12-month period ending with the most recent quarterly report.
On-premise establishments: Locations where beverages are consumed at the site of purchase, such as bars or restaurants.
Legacy products: Established, long-standing products that have been part of a company’s portfolio for many years.
Premium segment: The market category for higher-priced, higher-quality products targeting consumers willing to pay more.
Insider trading: Buying or selling a company’s securities by individuals with access to non-public, material information about the company.
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Cory Renauer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	0.00 20.83
Price/Sales	0.91 0.79
P/B	0.90 1.93
P/FCF	10.56 19.15

Indicator	TTM Median
ROE	7.73 13.73
ROA	3.94 5.96
ROI	0.00 9.24
Net Worth	10.04 1.42
Quick Ratio	0.45 0.81
Current Ratio	0.95 1.34

Indicator	TTM Median
Net Profit Margin	9.20 6.65
Operating Margin	14.26 9.72
Gross Margin	38.76 34.34
Return on tangible equity	0.00 25.93

Indicator	TTM Median
EPS	2.05 0.53
EPS Forecast	1.83 0.45
Revenue	3.20B 147.00M
Gross Profit	1.28B —
EBITDA	755.00M —

Molson Coors Beverage Company

TTM metrics for the latest quarter under IFRS and their historical dynamics

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Other ratios

Revenue