Seeking Alpha

More on MillerCoors' Q1

  • MillerCoors (SBMRY, TAP) grew profit in Q1 on some cost savings measures even with revenue relatively flat for the period.
  • The company saw its domestic net revenue per barrel increase 3.3% in Q1 due to a shift in mix.
  • Brand watch: Sales for two of MillerCoors' well-known beers, Coors Lights and Miller Lite, fell off in the mid-single digits during Q1. In April, the brewer launched ads for Miller High Life and Keystone Light for the first time in two years.
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