Bettman: "Katy Perry" Chants Not Sexist Oilers Continue Front Office Shakeup NHL Won't Consider Seattle Without Arena Plan NBC Ratings Down For NHL Over Weekend Leafs Optimistic Fans Will Buy Rebuild Flames Merch Flying Off The Shelves Sharks Owner Backs Execs In Letter Nate Silver: Las Vegas Bad For NHL Companies Vie For Hockey World Cup Jerseys Detroit Approves Rezoning Of Red Wings Arena
Upcoming Conferences and Events
SBD/17/Sponsorships Advertising Marketing
MOLSON'S STRONG U.S. SALES BOOST INCREASED EARNINGS
Published May 17, 1995
Molson Breweries yesterday reported increased earnings and revenue in FY '95 (ended April 1), "bolstered by higher beer prices, more U.S. sales and lower marketing cost." Molson Breweries is 40% owned by Molson Cos. Ltd., which also owns the NHL Canadiens and Molstar Communications. Molson continued to lead in the Canadian domestic beer market, and saw "exports south of the border" grow 14% in '95, mainly as a result of the success of Molson Ice. Molson Breweries' profits rose to C$168.3M on revenues of C$2.12B, compared with a profit of C$161.3M on revenues of $2.11B last year (Marina Strauss, Toronto GLOBE & MAIL, 5/17). Those revenue figures include Molson's interest in "Hockey Night in Canada" (CP/HAMILTON SPECTATOR, 5/17).