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COORS SALES INCREASE IN THIRD QUARTER
Published November 1, 1994
Adolph Coors Co. announced higher net sales and net income for the third quarter of '94. The company's net sales of $555.6M is up 3.7% from last year, and net income improved to $17.3M. up 80.9% from '93. Increased sales were partially the result of improved sales achieved by the company's principal subsidiary, Coors Brewing Co. (CBC). CBC's sales reached a record 6,884,000 barrels for the third quarter, up 1.7% from last year. Premium products account for more than 87% of Coors Brewing Co. sales, the highest percentage among major U.S. brewers (Coors).