TAP Stock Recent News

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TAP benefits from premiumization initiatives, innovation plans and solid brand performance while navigating higher costs.

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TAP looks good on the back of its strategic efforts. The Acceleration Plan and the premiumization of its portfolio bode well.

Molson Coors is cutting costs, modernizing factories, buying back shares, paying down debt, and promising increased earnings over the long term. Despite attractive dividends and growth potential, Molson Coors struggles with sustained top-line growth, which remains a significant concern for investors. Molson Coors has diversified into spirits and non-alcoholic drinks, acquiring premium brands like Vizzy and a stake in Zoa, an energy drink company.

Molson Coors plans to cut supplier diversity quotas and DEI-based training programs, and sever ties with the LGBTQ+ advocacy group Human Rights' Campaigns' Corporate Equality Index. The brewer's decision comes after a wave of retailers over the summer took a step back in their DEI efforts.

Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats last week.

On a day when tech shares were leading markets lower, investors decided it was time for a beer.

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Molson Coors (TAP) enjoys the benefits from its revitalization plan, product portfolio and expansion in growth areas.