MOLSON COORS BREWING CO. $43 (New York symbol TAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 180.6 million; Market cap: $7.8 billion; Price-to-sales ratio: 2.2; Dividend yield: 3.0%; TSINetwork Rating: Average; www.molsoncoors.com) earned $701.5 million, or $3.76 a share, in 2011. That’s up 5.2% from $666.9 million, or $3.56 a share, in 2010.
Sales rose 8.0%, to $3.5 billion from $3.3 billion; the company increased its selling prices in response to rising ingredient costs. That helped it offset a 0.7% drop in beer volume.
The company continues to realize big savings from MillerCoors, its joint venture in the U.S. with rival brewer SABMiller. Combined with savings from its own restructuring plan, Molson Coors cut its costs by $106.6 million in 2011.
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Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Changes to this Policy
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