Molson Coors says its results amounted to a loss of US$2.73 per diluted share in the fourth quarter, compared with a profit of 37 cents a share in the same quarter last year
reported a net loss US$590.5-million in its latest quarter, down from a profit of US$80-million in the same period a year ago.
The Colorado and Montreal-based company says the loss was due to a non-cash US$845-million partial goodwill impairment charge during the three months ended Dec. 31. Net sales were US$2.63-billion in the company’s latest quarter, up 0.4 per cent from US$2.62-billion a year ago.
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