The brewer reaffirmed its fiscal 2026 outlook amid a 1%-2% price hike plan and expected cost pressures.
Molson Coors Beverage Company (TAP) reaffirmed its fiscal 2026 guidance during its Q2 2026 earnings call, citing a planned 1%-2% price increase. The company expects Midwest Premium inflation to exceed $130M, reflecting ongoing cost pressures in the U.S. beer market.
The U.S. beer industry started the year on stable footing, though management noted unanticipated challenges. The reaffirmed outlook aligns with prior projections, signaling confidence in pricing power despite inflationary headwinds.
No immediate market reaction was disclosed in the call.