- MillerCoors (OTCPK: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.