Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTAbdul RahmanWed, June 3, 2026 at 7:50 PM GMT+2 2 min readMolson Coors Beverage Company (NYSE:TAP) is one of the best sin stocks to buy now. On May 20, Molson Coors Beverage Company (NYSE:TAP) ventured into the debt market with the pricing of CAD$500 million in 4.3% senior notes due 2033. The company plans to use net proceeds from the offering for general corporate purposes, including repayment of 3.44% notes due this year.Molson Coors Beverage Company (TAP) Taps Debt Market as Q1 Results ImpressThe pricing of the offering follows solid first-quarter results that were largely in line with expectations, despite a challenging macroeconomic environment. Net sales were up 2% to $2.35 billion, while U.S. GAAP income before income taxes increased 24.6% to $194.7 million, driven by favorable pricing and sales mix. Diluted earnings per share were up 24% to $0.62.Management expects the solid start to the year to persist throughout the year, with net sales expected to remain flat or increase by 1% or minus 1%.During the first quarter, Molson Coors Beverage Company asserted its commitment to shareholder value by repurchasing 3.4 million shares for about $164 million, representing a 225% increase. The company also increased its quarterly dividend by 2.1% to $ 0.48 per share, marking the fifth consecutive year of dividend increases.Molson Coors Beverage Company (NYSE:TAP) produces, markets, and distributes a massive portfolio of alcoholic and non-alcoholic beverages. While globally known as one of the world’s largest brewers of iconic beers, the multinational company has expanded beyond traditional beer to include flavored malt beverages, seltzers, spirits, and non-alcoholic options.While we acknowledge the potential of TAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 10 Most Buzzing AI Semiconductor Stocks to Buy in 2026 and 11 Best Medical Technology Stocks to Buy Right Now.Disclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info