Coors Light

Molson Coors forecast lower full-year sales, suggesting that higher prices are denting demand for the company’s drinks, especially in the US.

Molson Coors beat Wall Street expectations for second-quarter sales and profit on Tuesday on strong demand for its beers in Europe and Asia.

Heineken Ireland has agreed to take on the Irish rights to distribute Molson Coors’ beer brands, the Sunday Independent reported this week.

Molson Coors has surpassed Wall Street estimates for its first-quarter sales and profits buoyed by higher prices and steady demand.