Molson Coors Has More than Coronavirus Issues
COVID-19 and the ensuing restrictions that governments put in place to control the disease's spread have affected Molson Coors' (NYSE: TAP) results. Even if authorities lift stay-at-home orders and allow people back into bars and restaurants, the recession means fewer people are going out because they have less discretionary income.
So, Molson Coors' revenue and profits aren't recession-proof, but that's not too troublesome. I'm far more concerned by other issues confronting the company that predate the pandemic, which make me cautious about investing in the shares.
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Source Fool.com
