BUZZ - Molson Coors shares fall after lowering annual performance expectations

November 5 - ** Molson Coors Beverage Company (TAP.N) shares fell 2.9% to $41.89 in pre-market trading

** The beer maker now expects net sales in 2026, at constant currency, to decline by 1% to 2%, as opposed to the previous expectation of a range from 1% growth to a 1% decline

** Its forecast for basic earnings per share (EPS) decline for the current fiscal year has been raised from the previous estimate of 11%-15% to 16%-19%

** Attributed to global macroeconomic impacts and consumer behavior

** The company stated that the trend of weak global beer sales in the second and third quarters will continue in the fourth quarter

** Net sales and adjusted earnings per share in the third quarter both missed expectations

** As of the close of the previous trading day, TAP had declined approximately 8% year-to-date

(To facilitate non-native English speakers, Reuters provides its reports automatically translated into several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of these translated texts and provides them solely for reader convenience. Reuters assumes no responsibility for any damage or loss arising from the use of automated translation.)