MillerCoors reports Q1 underlying net income down 1.2% to $271.9M SABMiller (SBMRY) and Molson Coors Brewing Company (TAP) reported that pricing and growth in sales of above premium brands at MillerCoors drove a 4% increase in domestic net revenue per barrel versus the same quarter in the prior year. MillerCoors underlying net income declined 1.2% in the first quarter to $271.9M versus the same quarter in the prior year. Total net sales increased 1.6% to $1.788B for the quarter.