Free Historical Stock Data on Coors (Adolph)
Stock Symbol: RKY
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Business Description
Adolph Coors Company is a producer of beer, with a portfolio of brands designed to appeal to a wide range of consumer taste, style and price preferences. Its principal subsidiary, Coors Brewing Company, is a brewer in the United States. The Company also owns a brewer in the United Kingdom, Coors Brewers Limited, and has brewing and packaging facilities in Elkton, Virginia, and Memphis, Tennessee. Coors owns major facilities in Colorado to manufacture aluminum cans and ends, as well as bottles, and is a partner in ventures that operate these plants. Historically, the Company's beverages have been sold throughout the United States and in select international markets. The Coors Brewers brand portfolio consists of 20 United Kingdom beer brands and four FAB brands with strong offerings in each of its target segments. Major United Kingdom brands include Carling and Grolsch.
Financial Information
Adolph Coors, a holding Co. for Coors Brewing Co., produces, markets and sells high-quality malt-based beverages. For the 26 weeks ended 6/02, net sales rose 43% to $1.76 billion. Net income rose 39% to $94.8 million. Results largely reflect the inclusion of Coors Brewers Limited, the business formed through Adolph Coors Company's acquisition of the Carling business of Bass Brewers from Interbrew S.A., partially offset by increased interest expense.
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