Molson Coors Cuts Outlook Again on Weak Beer Demand, Tariffs

Molson Coors Beverage Co. lowered its full-year guidance for the second quarter in a row, citing continued pressure from a weak consumer, falling US market share and rising costs tied to aluminum tariffs.

Executives on a call with investors pointed to sagging consumer confidence as the primary drag on demand, saying that sentiment declined in late January and hasn’t recovered.