Molson Coors forecast a drop in its annual profit on Tuesday, hit by tariff impacts on costs of aluminum it uses for its beverage cans amid macroeconomic uncertainty in the U.S.

Molson Coors lowered its full-year sales and profit forecasts, citing weaker beer demand, rising aluminum costs and slower-than-expected market share gains. The outlooks were overshadowed by a ...

Molson Coors cut its profit outlook, but the stock gained Tuesday as the brewer said the industry weakness will eventually pass.

Molson Coors TAP 0.37% lowered its full-year sales and profit forecasts, citing weaker beer demand, rising aluminum costs and slower-than-expected market share gains.