Molson slumps in 3Q as economy saps beer money

Molson Coors says third-quarter profit tumbled 23 percent despite revenue growth because it was burdened by higher costs, the poor U.S. economy and surprisingly weak sales in the U.K. Molson Coors Brewing Co. and other major beer makers have struggled with weak sales as their core consumers — young men — face particularly high levels [...]

November 2, 2011Comments OffRead More