Molson Coors Beverage Co
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Consumer Staples : Beverages | Mid Cap Value
Company profile

Molson Coors Beverage Company is a holding company. It is engaged in brewing beverages. The Company operates through two segments: Americas and EMEA&APAC. The Americas segment consists of the production, marketing, and sales of its brands and other owned and licensed brands in the United States, Canada, and various countries in Latin and South America. It also has contract brewing agreements to brew, package and ship products. The EMEA&APAC segment consists of the production, marketing, and sales of its brands as well as several smaller regional brands in the United Kingdom, Central Europe, and various other European countries, along with certain countries within the Middle East, Africa, and the Asia Pacific. It also has licensing agreements and distribution agreements with various other brewers. The Company's brands include Blue Moon, Carling, Coors Banquet, Coors Light, Miller Lite, Leinenkugel’s Summer Shandy, Creemore Springs, Hop Valley and more.

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Dollar Tree CFO Wampler to leave company, while 4 other officers have already left

9:32 am ET June 28, 2022 (MarketWatch)

Shares of Dollar Tree Inc. (DLTR) rose 0.5% in morning trading Tuesday, after the discount retailer said four of its 12 corporate officers have left the company and that Chief Financial Officer Kevin Wampler will also leave, while reaffirming its fiscal 2022 financial outlook. The company said CFO Wampler will transition out of his role once a successor is appointed, and will remain with the company as an advisor until April 2023. Chief Executive Mike Witnyski said the officer departures were part of company's plan to bring "new perspectives and experiences" to help accelerate implementation of value creation initiatives. The four officers have that left the company were Chief Legal Officer William Old, Chief Operating Officer Thomas O'Boyle, Chief Strategy Officer David Jacobs and Chief Information Officer Andy Paisley. Separately, the company said it affirmed the fiscal 2022 outlook it provided in May 2022, when it said it expected earnings per shares of $7.80 to $8.20. Dollar Tree's stock has rallied 12.4% year to date, while the S&P 500 has dropped 17.7%.

-Tomi Kilgore


(END) Dow Jones Newswires

June 28, 2022 09:32 ET (13:32 GMT)

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