12 Best Alcohol Stocks to Buy Right Now

5. Molson Coors Beverage Company (NYSE:TAP)

On February 19, 2026, Reuters reported that Molson Coors Beverage Company (NYSE:TAP) expects a significant dip in 2026 profit due to rising aluminum tariffs and decreased consumption among price-sensitive consumers. The brewer forecasts adjusted earnings per share to fall by 11% to 15%, compared to analyst estimates of a 1.9% increase to $5.48. Shares dropped around 6% after-hours trading after the company failed to meet fourth-quarter revenue targets. The firm forecasts net sales to fall 1% or rise 1% in 2026, compared to projections of a 0.1% reduction. According to the company’s executives, aluminum costs are anticipated to weigh on profits by approximately $125 million.

Molson Coors Beverage Company (NYSE:TAP) announced fourth-quarter net sales of $2.66 billion, which fell short of forecasts of $2.71 billion, while underlying earnings of $1.21 per share topped expectations of $1.16. A rise in the Midwest aluminum premium resulted in an 8.1% increase in the cost of goods sold per hectoliter. CEO Rahul Goyal stated that management faced challenging decisions to reset the firm following weak 2025 demand, declining volumes, and continuing inflation. CFO Tracey Joubert cautioned that commodity inflation will continue to be a substantial drag on profitability in 2026.

Molson Coors Beverage Company (NYSE:TAP) is a holding company that produces and sells beer. It operates in three geographical regions: Americas, EMEA, and APAC.