Who Owns Miller High Life?

Who owns Molson Coors?
Molson Coors Beverage Company is publicly traded on the NYSE (TAP, TAP.A) and TSX (TPX.A, TPX.B). The company maintains a dual-class share structure that gives voting control to the Molson and Coors family interests. As of February 2026, there were 2,563,034 Class A shares and 175,592,622 Class B shares outstanding. The aggregate market value held by non-affiliates was approximately $8.0 billion.

What is Molson Coors' annual revenue?
Molson Coors reported FY2025 net sales of $11.14 billion, down 4.2% from $11.63 billion in 2024. The company's FY2026 guidance projects flat net sales (plus or minus 1%) on a constant currency basis. Q1 2026 net sales were $2.35 billion (up 2.0%), and Q2 2026 saw a decline of approximately 3.6%.

Who is the CEO of Molson Coors?
Rahul Goyal has served as President and CEO since October 1, 2025, succeeding Gavin Hattersley. Goyal launched the Horizon 2030 strategy in early 2026, focusing on portfolio transformation, local market execution, beyond beer expansion, and disciplined M&A. Tracey Joubert serves as CFO.

What is the Monaco Cocktails acquisition?
Molson Coors acquired Atomic Brands, maker of Monaco Cocktails, for $275 million on April 1, 2026. Monaco is a pioneering brand in the ready-to-drink (RTD) cocktail segment. The acquisition establishes Molson Coors as a top-five supplier in the fast-growing RTD cocktail segment and is expected to contribute approximately 1% to global net sales revenue on a trailing 12-month basis. The company retained more than 80 members of Monaco's sales team.

What is the Horizon 2030 strategy?
Horizon 2030 is Molson Coors' long-term strategy launched in early 2026 under CEO Rahul Goyal. It focuses on strengthening core beer brands, expanding beyond beer through M&A and organic growth, driving $450 million in cost savings over three years, returning capital to shareholders through the $4 billion share repurchase program and growing dividend, and pursuing disciplined M&A to fill portfolio gaps.

What is Molson Coors' cost savings program?
In February 2026, Molson Coors announced a $450 million three-year cost savings program targeting savings across both business units through procurement improvements, capital investments in productivity and efficiency, and supply chain optimization. Initial savings are expected in 2026.

Why did Molson Coors record a $3.65 billion impairment?
In Q3 2025, Molson Coors recorded a $3.65 billion non-cash partial goodwill impairment charge, along with $274 million in intangible asset impairment charges. The impairment was driven by the challenging macroeconomic environment, declining beer volumes, changing consumer preferences, and competitive pressure. The charges resulted in a GAAP net loss of $2.14 billion for FY2025.