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Molson Coors Adjusts Forecast as CEO Recognizes ‘Cyclical’ Beer Market Decline
Molson Coors Beverage Company recently adjusted its outlook for fiscal 2025 amid a challenging beer market. In its second-quarter report, the company posted adjusted earnings per share of $2.05, surpassing analysts’ expectations of $1.86. Despite this, quarterly sales reached $3.201 billion, exceeding the projected $3.121 billion but reflecting a 1.6% decline in net sales compared to the previous year.
The company reported a significant decrease in brand volumes, dropping by 5.1% in total. This decline included a 4.0% decrease in the Americas region and a more pronounced 7.8% decline in Europe, the Middle East, and Asia-Pacific (EMEA & APAC).
Molson Coors attributed its mixed results to several macroeconomic factors, particularly softness in the U.S. beer market and challenges related to their market share. Additionally, the company’s decision to end its contract brewing agreements in the Americas by the end of 2024 contributed to expected headwinds.
Despite the difficulties, underlying (Non-GAAP) earnings before interest, taxes, depreciation, and amortization (EBITDA) increased from $750.1 million to $763.9 million year-over-year. CEO Gavin Hattersley expressed optimism, referring to the current industry softness as a cyclical issue and reaffirming confidence in the company’s long-term growth trajectory.
Looking ahead, Molson Coors forecasts an adjusted EPS for 2025 in the range of $5.36 to $5.54, which is below the market’s consensus estimate of $5.96. Sales projections are also revised down to $11.162 to $11.278 billion, compared to the anticipated $11.386 billion. The company aims to maintain a free cash flow guidance of approximately $1.3 billion, adjusted by 10%, reflecting favorable working capital and cash tax benefits.
Following the updated outlook, Molson Coors’ stock experienced a slight increase, trading up 1.73% to $49.45.
For more details, please refer to the original article on Benzinga.
Transform Your Garden: Creative Ways to Use Whiskey Barrels for a Fresh New Look
If you’re looking for a charming and functional way to enhance your garden’s aesthetic, repurposing a whiskey barrel as a planter can be an excellent choice. These barrels are not only visually appealing but also easy to source from local hardware retailers like Ace and Lowe’s. To get started, you’ll need a few basic supplies, including a nutrient-rich potting soil and your selection of plants.
When selecting the location for your barrel planter, it’s important to think about placement as it can become quite heavy when filled. Make sure you drill adequate drainage holes in the bottom to prevent excessive moisture buildup, which can lead to rot in the wooden structure. Elevating the barrel slightly can also help with water drainage.
Fill the barrel with your potting soil, leaving about three inches from the rim for planting. Now comes the exciting part—choosing your plants! You might want to consider a terra cotta planter placed in the center to create layering effects with your plants.
What you choose to plant can depend on your culinary preferences—tomatoes and basil are a classic combination, while herbs like cilantro and oregano may also fit well if you’re into fresh cooking. Flowers can also make a stunning display when arranged in the barrel; consider the idea of "thrillers, spillers, and fillers" for your floral arrangements.
With a bit of creativity, your whiskey barrel planter can function as both a gorgeous focal point in your garden and a practical source of fresh herbs and vegetables.
For additional tips on selecting plants that thrive in whiskey barrels, check out this article.
Exciting Summer Dining Specials, Flavors of 5th Celebration, and Naples’ Top Wine Winners!
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BOSS Fragrances Transforms Happy Hour with Irresistible Scent-Inspired Cocktails
BOSS Fragrances is redefining the cocktail experience in Southeast Asia with its collaboration at Lunì, the first scent-inspired cocktail bar in the region, running from August 1 to September 7. Guests can enjoy a unique selection of five cocktails, each one meticulously crafted to reflect a fragrance from "BOSS the collection." This initiative aims to meld the worlds of perfumery and mixology, creating a multi-sensory experience that evokes emotion and memory through both scent and flavor.
In an interview with MARKETING-INTERACTIVE, BOSS shared that this partnership aligns with the brand’s 101st anniversary, building on the success of a recent pop-up event featuring "BOSS the collection." The brand emphasizes that scent is a crucial element that enhances the cocktail experience, likening the art of mixology to perfumery through the expression of complex flavor layers.
The cocktail menu includes creations inspired by the brand’s gender-neutral fragrances, such as an Old Fashioned made with ‘Exhilarating vanilla’, a smoky ‘Fearless pepper’ variant, and a floral highball featuring ‘Wild violet’. Additionally, two popular fragrances, ‘Invincible bergamot’ and ‘Sensual geranium’, find their representation in a bright Whisky sour and a fragrant Collins, respectively.
BOSS developed these cocktails based on the unique characteristics of each fragrance. The brand notes that many of these scents are ideally suited for evening occasions like cocktail tastings, enriching the overall sensory journey.
The partnership with Lunì was a seamless fit, considering Lunì’s emphasis on scent-driven cocktails crafted with quality ingredients. Lunì typically showcases single-note scents but aims to enhance this experience by introducing a layered journey through the fragrances.
This collaboration is currently exclusive to Singapore with no immediate plans for expansion across Southeast Asia. Other brands are also exploring olfactory storytelling, with DBS unveiling a festive home scent for Chinese New Year and SBS Transit refreshing MRT stations with a pine-inspired fragrance.
For those interested in the convergence of sensory experiences, this innovative collaboration between BOSS Fragrances and Lunì offers a unique opportunity to indulge in the art of taste and scent.
Exciting News: A New Wine Shop May Soon Open on Malmesbury High Street!
A new specialty wine shop may soon open its doors on Malmesbury High Street, pending approval for an alcohol license. The Malmesbury Wine Company has submitted a licensing application for the retail unit located at 47 High Street, situated among other shops.
The company aims to cater to local wine enthusiasts by offering a variety of wines from around the globe, along with locally sourced beers, ciders, and spirits. Additionally, they plan to host ticketed wine tasting events at the shop, utilizing a small courtyard at the back of the premises for outdoor events during suitable weather conditions.
Residents interested in expressing their opinions regarding the application can submit their comments to Wiltshire Council before August 19, referencing application number PR202507-577821.
Discover the Unique Charm of Chile’s Oldest Carmenere Vine Wines
One of the oldest wineries in Chile, Viña Santa Rita, has recently garnered acclaim for its premium dry-farmed Carménère wines sourced from some of the oldest vines in the region. An incident in 1994 led agronomist Dr. Jean-Michel Boursiquot to discover that what was thought to be Merlot brought over from Bordeaux was actually Carménère, a grape nearly lost to history after the phylloxera crisis. This pivotal moment shifted Chile’s wine identity, making Carménère its signature grape.
The unique challenge that Carménère faces is that it ripens later than Cabernet Sauvignon, leading some growers to overlook it in favor of more popular varieties. Dr. Boursiquot’s chance visit to Viña Carmen, along with his expertise in French viticulture, not only unveiled the truth behind Carménère’s identity but also set the path for Chile to embrace this varietal fully.
Viña Santa Rita, one of the oldest producers in Chile, now excels in producing premium Carménère wines from old vines located in the "grand cru" area of Apalta, Colchagua. Winemaker Sebastián Labbé, after working at top wineries in New Zealand and Australia, prioritized the purity and freshness of Carménère. His dedication to achieving a balance, alongside the care he takes in the vineyard, has cultivated two esteemed single vineyard wines—"Floresta" and "Pewën de Apalta."
The "Floresta," a vibrant and charming wine, is noted for its raspberry flavors enriched with a backbone of minerality. In contrast, the "Pewën de Apalta" offers a richer profile, showcasing a complex array of flavors, including blackberry liqueur and black truffle, with a smooth and luxurious finish.
Thus, Carménère has transformed into more than just a misidentified grape; it now represents the essence of Chilean viticulture, thriving in the heat of its new home and offering wines that reflect its unique terroir. As a testament to its growing reputation, these wines are not only seen as local treasures but are gaining international recognition, solidifying Carménère’s status as an emblematic Chilean varietal.
Shaking Things Up: Time Out’s Best Rum Cocktail Contest Revealed!
Join us at Time Out Market Boston for the Best Rum Cocktail Contest! Scheduled for August 17, 2025, this event invites you to sip and savor a variety of rum cocktails crafted by Boston’s finest bartenders and restaurants. It’s a chance for you to taste and vote on the boldest rum creations, with the ultimate goal of crowning the Rum Royalty of Boston!
This exciting contest is FREE to attend, making it an excellent opportunity to enjoy a vibrant atmosphere and indulge in delightful flavors. You’ll be able to sample a range of refreshing cocktails and help determine which creation stands out above the rest.
Save the date and prepare to raise a glass as we celebrate rum like never before! Stay tuned for announcements regarding the participating venues and bartenders.
Event Details:
- Date: Sunday, August 17, 2025
- Time: 1:00 PM
- Location: Time Out Market Boston
Don’t miss out on this tropical showdown! Mark your calendar and get ready for a fun afternoon of flavor and community.
Navigating the Skies: The Life and Challenges of a Jet Pilot
The Jet Pilot is a classic cocktail that originated in 1958 at the Luau in Beverly Hills, co-owned by actor Steve Crane. This midcentury cocktail features a vibrant mix of Jamaican, demerara, and gold rums combined with grapefruit juice, lime juice, falernum, and cinnamon syrup, all enhanced with dashes of absinthe and bitters.
This cocktail draws inspiration from the tropical cocktail scene led by Don the Beachcomber, who was pivotal in creating drinks like the Fog Cutter, Cobra’s Fang, and Zombie. The Jet Pilot shares a close resemblance to another of Beach’s creations, the Test Pilot, but its ingredient list and build are notably similar to the popular Zombie cocktail.
Despite its complex and lengthy ingredient list, the Jet Pilot manages to deliver a well-balanced, refreshing drink. The combination of rums, lime juice, and sweeteners aligns with the traditional sour cocktail formula, reminiscent of a simple Daiquiri. The addition of multiple rums and freshly squeezed grapefruit juice enhances the depth of flavor, while the cinnamon syrup and falernum add sweetness and spice. A touch of Angostura bitters and absinthe introduces notes of baking spices and anise, rounding out the cocktail perfectly.
Ingredients
- 1 ounce overproof Jamaican rum
- 3/4 ounce overproof demerara rum
- 3/4 ounce gold rum
- 1/2 ounce grapefruit juice
- 3/4 ounce lime juice
- 1/2 ounce cinnamon syrup
- 1/2 ounce falernum
- 1 dash absinthe
- 1 dash bitters
- Maraschino cherry, for garnish
Directions
- Blend all liquid ingredients with 1 cup of crushed ice for 5 seconds.
- Pour the mixture into a double Old-Fashioned glass and top with more crushed ice.
- Garnish with a maraschino cherry.
The Jet Pilot exemplifies the best of the tropical cocktail genre, bringing a piece of midcentury bar culture into the modern era.
Elevate Your Cocktails: Using This Rum to Craft Trader Vic’s-Style Mai Tais
What connection does a rum from a remote French island in the Indian Ocean have with the legendary tiki cocktail, the Mai Tai? Surprisingly, a lot.
The quintessential Mai Tai, particularly celebrated for its association with Trader Vic’s, represents an evolution that adapts to the unavailability of ingredients over time. The original Mai Tai was concocted in 1944 by Victor Bergeron, known as Trader Vic, for some Tahitian friends. Today, many enthusiasts crave the authentic taste of that original creation, famously crafted with the now highly coveted J. Wray & Nephew 17 Year Old Jamaican rum. However, acquiring this rum is akin to finding gold, often exceeding $1,000 on the secondary market.
Following the formula, Trader Vic’s Mai Tai evolved as supplies of the original rum dwindled. Bergeron replaced it first with a 15-year rum and later with a blend featuring various Jamaican rums, adapting to ensure quality and taste.
Additionally, Vic sought to maintain the unique flavors reminiscent of the original Mai Tai. In a 1970 treatise, he mentioned that while his blends were excellent, they didn’t quite match the distinct taste of the original 17-year rum. He introduced Martinique rum, known as rhum, into the mix—though at the time it was made from molasses, not the cane juice version favored today.
In recent times, sourcing ingredients to replicate the original Mai Tai has become easier, thanks to producers like Holmes Cay, which has released a Réunion Island Rum Traditionnel. This rum, aged for three years in ex-cognac casks, mirrors flavors that evoke the classic Mai Tai.
To create a modern interpretation of the Trader Vic’s Mai Tai, one might blend the Réunion rum with Appleton Estate rums to replicate the original’s complexity. The full recipe involves various components, including fresh lime juice, curaçao, orgeat syrup, and rock candy syrup, all blended to create that signature flavor combination.
The technique is straightforward: shake all ingredients with ice, then serve over crushed ice, garnished with mint and the spent lime shell—a nod to the classic preparation.
While any Mai Tai today may diverge from the exact recipe crafted in 1944, each iteration remains a delicious homage to the original tiki cocktail, entwined with the rich history of rum and the artistry of mixology.
Storage Secrets: How to Keep Your Wine Fresh for Days, Not Hours!
If you’ve opened a bottle of wine but don’t plan on finishing it in one sitting, you might be wondering how to store it to preserve its taste. The good news is that wine doesn’t spoil immediately after uncorking; you can extend its freshness with proper storage techniques.
General Storage Tips
- Recork the Bottle: Always put the cork back in to minimize air exposure.
- Refrigerate: No matter whether it’s red, white, or sparkling, refrigerating opened wine can help slow down oxidation.
- Store Upright: This reduces the surface area exposed to air, further minimizing oxidation.
How Long Wine Lasts After Opening
- 
Red Wine: 3-5 days in the fridge. If a red wine is high in tannins and acidity, it will last longer. Take it out of the fridge 10 minutes before serving for optimal taste. 
- 
Full-bodied White Wine: 2-3 days. Wines like oaked Chardonnay oxidize quickly, so it’s best to keep them tightly sealed and refrigerated. 
- 
Light White, Sweet White, and Rosé: 4-5 days if corked and stored in the fridge. Light white wines can last up to a week, although the taste will change slightly after the first day. 
- 
Sparkling Wine: 1-3 days. Sparkling wines lose their fizz rapidly, so using a special sparkling wine stopper can help preserve carbonation for a bit longer. 
Recommended Storage Products
Investing in a wine preserver might be worthwhile if you frequently leave wine unfinished. Products like Coravin or vacuum stoppers can help reduce oxygen exposure, extending the lifespan of the wine.
Ideal Temperatures for Wine
- Sparkling Wines: 40-45°F
- Light Whites and Rosés: 45-50°F
- Full-bodied Whites: 48-56°F
- Medium-bodied Reds: 55°F
- Full-bodied Reds: 59-68°F
By following these storage guidelines and understanding how different types of wine behave after opening, you can enjoy your bottle over several days without sacrificing quality. Cheers!









