Molson Coors Beverage (TAP) Revenue — Quarter Ended Dec 31, 2023
Revenue for the reported quarter declined compared to the immediately preceding quarter. However, it increased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the reported quarter declined compared to the immediately preceding quarter. However, it increased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
-14.7%
Change from the immediately preceding quarter.
Year-over-year
+6.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.9B
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 |
|---|---|---|
| Mar 31, 2023 | $2.8B | +5.0% |
| Jun 30, 2023 | $3.9B | +10.6% |
| Sep 30, 2023 | $3.9B | +11.0% |
| Dec 31, 2023 | $3.3B | +6.0% |
Revenue performance
The company reported a lower revenue figure for the quarter, reflecting a sequential decrease. Year-over-year, the revenue showed growth.
Quarterly comparison
Sequentially, revenue fell from the prior quarter. Compared to the same period last year, revenue was higher.
What to watch
The filing discusses risks related to supply chain constraints and inflationary pressures that could affect operations.