Molson Coors Accelerates Transformation Strategy Following Q3
Molson Coors is moving aggressively to transform its Americas business following Q3 challenges. New CEO Rahul Goyal is implementing structural changes to create a leaner organization and accelerate portfolio reinvestment.
"We are moving with a sense of urgency and a clear purpose," Goyal stated. Despite net sales declining 2.3% in Q3, Molson Coors maintains strong financial flexibility with robust free cash flow and a healthy balance sheet.
Management expects strategic details on brand expansion and growth initiatives in upcoming announcements as the streamlined organization takes shape.