Molson Coors Beverage Co. TAP-N +0.86% has cut its financial forecasts for the second straight quarter, blaming softer demand from consumers in the United States and other markets and higher costs for cans because of tariffs on aluminum.

Molson Coors Beverage Co. has again cut forecasts for closely-watched sales and earnings metrics as volumes in EMEA and APAC missed Wall Street expectations. The Madri brewer said today (6 August) it now expects its net sales to fall by 3-4% on a constant-currency basis in 2025.

Q2 2025 Management View Gavin D. K. Hattersley, President, CEO & Director, reported that "during the second quarter, we continued to execute against our strategic plans to support our long-term growth objectives and to return cash to shareholders while navigating a challenging and