Articles Tagged with 'Molson Coors'

Molson Coors Revenue Down 8.7% in Q1 2020; Depletions Decline 14% in April

Molson Coors Revenue Down 8.7% in Q1 2020; Depletions Decline 14% in April

After a corporate restructuring in the fourth quarter of 2019 and a bevy of new products hitting the market in the New Year, Molson Coors Beverage Company was poised for a strong 2020. But then the COVID-19 outbreak shutdown on-premise bars and restaurants in mid-March, and everything changed. In the first quarter of 2020, Molson Coors’ net sales revenue declined 8.7%.

Stone Brewing v. MillerCoors Lawsuit Heads to Trial in October

Stone Brewing v. MillerCoors Lawsuit Heads to Trial in October

San Diego-headquartered Stone Brewing’s long-running trademark infringement lawsuit against Molson Coors’ Keystone brand will move to trial in October. Stone first brought the lawsuit against MillerCoors in February 2018 in the U.S. District Court Southern District of California, alleging that the April 2017 packaging and marketing refresh for the company’s Keystone Light brand that more prominently featured the word “Stone” infringed on the craft brewery’s intellectual property.

Coronavirus Impact on Beer Industry: Taproom Closures, Event Cancellations

Coronavirus Impact on Beer Industry: Taproom Closures, Event Cancellations

As the coronavirus disease known as COVID-19 spreads across the U.S., beer companies are adjusting their businesses for a reality in which being social is discouraged. Many companies are bracing for a downturn in on-premise business, including brewery taprooms.

Press Clips: $1.1 Million Raised for Families of Molson Coors Shooting Victims

Press Clips: $1.1 Million Raised for Families of Molson Coors Shooting Victims

The crowd-sourced fund to support the families of victims of the shooting at Molson Coors Brewing Company’s Milwaukee campus last month has topped $1.1 million. The fund, which reached $1,178,770 as of press time, was set up on behalf of the National Compassion Fund, a program of the National Center for Victims of Crime. All funds collected will go directly to the families of the five victims.

Molson Coors Sales Hit Nearly $10.6 Billion in 2019

Molson Coors Sales Hit Nearly $10.6 Billion in 2019

Molson Coors Beverage Company reported nearly $10.6 billion in net sales for 2019, a decline of 1.8% compared to 2018. In a press release, Molson Coors Beverage Company president and CEO Gavin Hattersley called 2019 “a challenging year” for the company.

Last Call: Molson Coors Sued Over Vizzy Seltzer Name; Coronavirus Affects Beer Sales and Production in China

Last Call: Molson Coors Sued Over Vizzy Seltzer Name; Coronavirus Affects Beer Sales and Production in China

The parent company of Brizzy Seltzer Cocktails has filed a lawsuit against Molson Coors Beverage Company in U.S. District Court for the Western District of Texas, alleging that the second largest U.S. beer manufacturer’s Vizzy Hard Seltzer name “is nearly identical to Brizzy in sight, sound and appearance” and infringes upon its trademark.

Press Clips: Carol Stoudt to Retire, Brewery to Cease Operations; Seven Stills’ License Suspended for Tied House Violations

Press Clips: Carol Stoudt to Retire, Brewery to Cease Operations; Seven Stills’ License Suspended for Tied House Violations

Stoudts Brewing Company will cease operations at the end of the winter, as founder Carol Stoudt retires after 33 years, according to a press release. The California Bureau of Alcoholic Beverage Control has suspended San Francisco-based Seven Stills Brewery and Distillery’s operating license for 90 days for violating the state’s tied house laws, according to a report from SFGate.com.

Super Bowl LIV Ushers in First Major Beer Occasion of 2020

Super Bowl LIV Ushers in First Major Beer Occasion of 2020

Sunday’s Super Bowl between the Kansas City Chiefs and San Francisco 49ers in Miami marks the first major beer-drinking occasion of 2020. In 2019, U.S. consumers spent $1.2 billion on beer at off-premise retailers in the two weeks leading up to the game between the Los Angeles Rams and New England Patriots, according to market research firm Nielsen. Those sales were roughly flat, though, down 0.5%, compared to 2018.