Profile
Sector:
Consumer DefensiveIndustry:
BrewersCountry:
BelgiumIPO:
01 July 2009Website:
http://www.ab-inbev.comNext earnings report:
N/ALast dividends:
03 May 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:55:48 GMTAnalysts recommendations
Institutional Ownership
BUD Latest News
BUD posts solid earnings results in third-quarter 2024. Organic revenues rise 2.1%, led by the ongoing premiumization and higher revenue per hectoliter.
24/7 Wall St. Insights While much lower than June of 2022, inflation continues to hammer consumers.
Anheuser-Busch InBev SA/NV (BUD) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Michel Doukeris - Chief Executive Officer Fernando Tennenbaum - Chief Financial Officer Conference Call Participants Robert Ottenstein - Evercore ISI Edward Mundy - Jefferies Sanjeet Aujla - UBS Laurence Whyatt - Barclays Mitch Collett - Deutsche Bank Chris Pitcher - Redburn Atlantic Simon Hales - Citi Andrea Pistacchi - Bank of America Celine Pannuti - JPMorgan Operator Welcome to AB InBev's Third Quarter 2024 Earnings Conference Call and Webcast. Hosting the call today from AB InBev are Mr.
American depositary receipts (ADRs) of AB InBev (BUD) slumped 5% Thursday morning as the world's biggest beermaker missed sales estimates on a surprise drop in beer volumes.
AB InBev's third-quarter revenue grew by 2.1% while analysts had expected a 3.45% growth.
Budweiser brewer Anheuser-Busch InBev posted sales volumes that fell by more than analysts had expected, dragged by a weak consumer backdrop in China and Argentina.
BRUSSELS--(BUSINESS WIRE)--Anheuser-Busch InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD): Regulated and inside information1 “Beer is a passion point for consumers. Consumer demand for our megabrands and the execution of our mega platforms delivered another quarter of top- and bottom-line growth with margin expansion. Our teams and partners continue to execute our strategy and we are confident in our ability to deliver on our raised FY24 EBITDA growth outlook of 6-8%.” – Michel Doukeris, CEO.
BUD's Q3 results are expected to reflect the benefits of premiumization efforts, its diverse brand portfolio, pricing strategies and revenue management plans.
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AB InBev continues to benefit from its strong brand portfolio, premiumization efforts, digital transformation and the Beyond Beer approach.
What type of business is Anheuser-Busch InBev SA/NV?
Anheuser-Busch InBev is one of the largest beer producers in the world and one of the top ten consumer goods producers in the world. Based in Leuven, Belgium, the company was founded in its current form in 2008 as a result of the merger of InBev (Belgium-Brazil) and Anheuser-Busch (USA). However, the company's brewing history, including its predecessors, dates back to 1852. The main product of the Anheuser corporation is beer. The range includes around 500 beer brands, including well-known brands such as Budweiser, Corona, Stella Artois, Beck's, Bud Light, and Hoegaarden. In addition to beer, the product portfolio also includes non-alcoholic beer and beverages such as Pepsi, 7UP, Gatorade, Mirinda, and others.
What sector is Anheuser-Busch InBev SA/NV in?
Anheuser-Busch InBev SA/NV is in the Consumer Defensive sector
What industry is Anheuser-Busch InBev SA/NV in?
Anheuser-Busch InBev SA/NV is in the Brewers industry
What country is Anheuser-Busch InBev SA/NV from?
Anheuser-Busch InBev SA/NV is headquartered in Belgium
When did Anheuser-Busch InBev SA/NV go public?
Anheuser-Busch InBev SA/NV initial public offering (IPO) was on 01 July 2009
What is Anheuser-Busch InBev SA/NV website?
https://www.ab-inbev.com
Is Anheuser-Busch InBev SA/NV in the S&P 500?
No, Anheuser-Busch InBev SA/NV is not included in the S&P 500 index
Is Anheuser-Busch InBev SA/NV in the NASDAQ 100?
No, Anheuser-Busch InBev SA/NV is not included in the NASDAQ 100 index
Is Anheuser-Busch InBev SA/NV in the Dow Jones?
No, Anheuser-Busch InBev SA/NV is not included in the Dow Jones index
When was Anheuser-Busch InBev SA/NV the previous earnings report?
No data
When does Anheuser-Busch InBev SA/NV earnings report?
Next earnings report date is not announced yet