Molson Coors Beverage Company (NYSE:TAP) is among the 12 Best Alcohol Stocks to Buy Right Now.
On February 19, 2026, Reuters reported that Molson Coors Beverage Company (NYSE:TAP) expects a significant dip in 2026 profit due to rising aluminum tariffs and decreased consumption among price-sensitive consumers. The brewer forecasts adjusted earnings per share to fall by 11% to 15%, compared to analyst estimates of a 1.9% increase to $5.48. Shares dropped around 6% after-hours trading after the company failed to meet fourth-quarter revenue targets. The firm forecasts net sales to fall 1% or rise 1% in 2026, compared to projections of a 0.1% reduction. According to the company’s executives, aluminum costs are anticipated to weigh on profits by approximately $125 million.
Molson Coors Beverage Company (NYSE:TAP) announced fourth-quarter net sales of $2.66 billion, which fell short of forecasts of $2.71 billion, while underlying earnings of $1.21 per share topped expectations of $1.16. A rise in the Midwest aluminum premium resulted in an 8.1% increase in the cost of goods sold per hectoliter. CEO Rahul Goyal stated that management faced challenging decisions to reset the firm following weak 2025 demand, declining volumes, and continuing inflation. CFO Tracey Joubert cautioned that commodity inflation will continue to be a substantial drag on profitability in 2026.
Molson Coors Beverage Company (NYSE:TAP) is a holding company that produces and sells beer. It operates in three geographical regions: Americas, EMEA, and APAC.
While we acknowledge the potential of TAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Best Electric Utility Stocks to Invest In Now and 40 Most Popular Stocks Among Hedge Funds Heading Into 2026.
Disclosure: None. Follow Insider Monkey on Google News.
