MillerCoors Q2 Trading Update presentation August 2016 ... · COGS/bbl Pricing Sales Mix Cost...
Transcript of MillerCoors Q2 Trading Update presentation August 2016 ... · COGS/bbl Pricing Sales Mix Cost...
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MillerCoors Q2 2016
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American Light Lagers
Miller Lite and Coors Light• Combined to delivered flat sales-to-retail volume for the
second consecutive quarter
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Premium Regular
Coors Banquet• Gained segment share• Low-single-digit growth• On target for 10th consecutive year of growth
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Above Premium
• STRs finished down low-single digits
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Above Premium—Innovations
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• Henry’s was the number-one Hard Soda franchise in the quarter
• Redd’s declined mid-single digits
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Tenth and Blake
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Finished Q2 with mid-single-digit decline
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Below Premium
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• Decreased mid-single digits for Q2
![Page 8: MillerCoors Q2 Trading Update presentation August 2016 ... · COGS/bbl Pricing Sales Mix Cost Savings STW Volume MG&A 9 Q2 2015 Q2 2016 $487.2M $468.8M. ... t r r F SEER SEER AMERICAN](https://reader033.fdocuments.in/reader033/viewer/2022042409/5f2682ba9515d23d7d5d241f/html5/thumbnails/8.jpg)
MillerCoors Q2 2016
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Second Quarter Underlying Net Income
COGS/bbl
Pricing
Sales Mix
Cost
Savings
STW Volume
MG&A
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Q2 2015 Q2 2016
$487.2M $468.8M
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Domestic Net Revenue Per Barrel
Increase due to favorable net pricingand positive sales mix.
% C
ha
ng
e v
s. P
Y
1.5%1.6% 1.7%
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1.2% 1.5%
0.00%
0.20%
0.40%
0.60%
0.80%
1.00%
1.20%
1.40%
1.60%
1.80%
Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016
0.7%
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Performance Results
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-1.7%
Underlying Net Income
Net Sales STR Volume STW Volume
-3.8% -3.5% -4.4%
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Financial Highlights
Total cost of goods sold (COGS) per barrel decreased 1.3 percent for Q2.
Marketing, General and Administrative costs increased 1.8 percent for Q2.
Depreciation and amortization expenses were $116.0 million for Q2.
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MillerCoors Q2 2016