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MillerCoors sales fare better in latest quarter but still declining

MillerCoors domestic sales to retailers (STRs) declined 1.1% in the quarter on a trading day adjusted basis. Premium light brand volumes were down low single digits, as low single digit growth in Coors Light was offset by a mid single digit decline in Miller Lite. The Tenth and Blake division saw double digit growth driven by Leinenkugel’s and Blue Moon. Economy volumes were down low single digits.  Domestic sales to wholesalers (STWs) were down 1.4% in the quarter compared with the prior year.

via SABMiller News.

 

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