The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Molson Coors (NYSE:TAP) and the rest of the beverages and alcohol stocks fared in Q1.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Coca-Cola (NYSE:KO) and the best and worst performers in the beverages and alcohol industry.
Molson Coors' (TAP) Revitalization plan, premiumization efforts and cost-saving plan place it well for long-term growth amid rising costs due to inflationary woes.