Molson Coors Beverage (TAP) Revenue — Quarter Ended Mar 31, 2023
Revenue declined from the prior quarter. Compared to the same quarter last year, revenue increased.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined from the prior quarter. Compared to the same quarter last year, revenue increased.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.8B
Revenue reported for this quarter.
Quarter-over-quarter
-11.8%
Change from the immediately preceding quarter.
Year-over-year
+5.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $3.5B | -1.8% |
| Sep 30, 2022 | $3.5B | +2.4% |
| Dec 31, 2022 | $3.1B | -1.5% |
| Mar 31, 2023 | $2.8B | +5.0% |
Revenue performance
The reported revenue for the quarter decreased versus the immediately preceding quarter.
Quarterly comparison
Year over year, revenue increased compared with the same quarter one year earlier.
What to watch
No filing context was provided to explain revenue drivers.