AB InBev reports higher-than-expected revenue in first quarter despite ongoing weakness in the US
10 months, 3 weeks ago

AB InBev reports higher-than-expected revenue in first quarter despite ongoing weakness in the US

Associated Press  

Anheuser-Busch InBev reported higher-than-expected revenue in the first quarter despite lower sales in the U.S. and China. Sales of Bud Light, the company’s longtime bestseller in the U.S., plunged last spring amid conservative backlash after the brand sent a commemorative can to transgender influencer Dylan Mulvaney. InBev CEO Michel Doukeris said Wednesday that U.S. beer volumes did improve from the end of last year, and the company is seeing significant U.S. market share gains for some of its other brands, including Michelob Ultra and Busch Light. AB InBev also announced a deal with the International Olympic Committee in January which makes it the first beer brand to sponsor the Olympics in the 40-year history of the sponsorship program.

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History of this topic

Stella Artois brewer AB InBev cheers record sales in spite of China hit
1 month, 1 week ago

Stella Artois brewer AB InBev cheers record sales in spite of China hit

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Corona and Stella Artois giant …

AB InBev sales grow but Bud Light boycott continues to drag on US arm
10 months, 3 weeks ago

AB InBev sales grow but Bud Light boycott continues to drag on US arm

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Brewing giant AB InBev has …

Beer maker Anheuser-Busch InBev reports better-than-expected Q4 earnings despite Bud Light backlash
1 year, 1 month ago

Beer maker Anheuser-Busch InBev reports better-than-expected Q4 earnings despite Bud Light backlash

Associated Press  

FRANKFURT, Germany — Anheuser-Busch InBev — maker of Budweiser, Bud Light, Stella Artois and Corona — reported better-than-expected net income in the fourth quarter despite lower beer volumes. The Leuven, Belgium-based beverage company said Thursday that its fourth-quarter operating earnings, which exclude financial factors such as interest and taxes, rose 7% to $19.98 billion, or 82 cents per share. Bud …

Consumer backlash against Bud Light knocks AB InBev US sales
1 year, 7 months ago

Consumer backlash against Bud Light knocks AB InBev US sales

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Stella Artois and Budweiser maker …

AB Inbev brews up prospects in China
2 years, 1 month ago

AB Inbev brews up prospects in China

China Daily  

Michel Doukeris, chief executive officer of Anheuser-Busch InBev, speaking in Beijing on Feb 24, 2023. The world's largest beer brewer is bullish about the prospects of Chinese consumption and the country's growing economy, and plans to accelerate its investments in China and focus on premium and diversified products, its top executive said during a visit to Beijing last week. Michel …

Budweiser Maker AB InBev Plans to Enter Whiskey and Gin Segment in India
2 years, 6 months ago

Budweiser Maker AB InBev Plans to Enter Whiskey and Gin Segment in India

News 18  

Anheuser-Busch InBev, the brewer of Budweiser and Corona beers, is gearing up to launch new whiskey and gin brands in the Indian market. Global brewers so far have steered clear distinction between spirit segments, making the move by AB InBev the first case of any big beer maker entering the segments of whiskey and gin. Speaking on the development, AB …

Budweiser IPO: AB InBev prepares its Asia business for biggest listing of the year
5 years, 9 months ago

Budweiser IPO: AB InBev prepares its Asia business for biggest listing of the year

CNN  

Hong Kong CNN Business — Anheuser-Busch InBev is hoping to raise as much as $9.8 billion when it lists its Asia business in Hong Kong in the biggest IPO of the year. Budweiser Brewing Company APAC, the largest brewer in Asia by retail sales, plans to offer 1.63 billion shares for between 40 and 47 Hong Kong dollars, according to …

A-B InBev slashes dividend as beer demand slumps in US
6 years, 5 months ago

A-B InBev slashes dividend as beer demand slumps in US

CNN  

New York CNN Business — Americans and Brazilians have soured on drinking mass produced beers like Budweiser and Bud Light. Shares of Anheuser-Busch InBev plunged 10% Thursday after the Budweiser and Stella Artois brewer said it was cutting its dividend in half and reported weak demand in those countries. The dividend cut should allow Anheuser-Busch InBev to save about $4 …

AB InBev to smarten beer
7 years, 6 months ago

AB InBev to smarten beer

China Daily  

World's biggest brewer plans to offer consumers healthier product Anheuser-Busch InBev SA/NV, the world's biggest brewer, plans to introduce more healthier products in China, said its head for Asia-Pacific on Friday. We want to make them conscious that they have smart drinking options," said Jean Jereissati, president of the company's Asia-Pacific North region. AB InBev has roped in Eason Chan, …

Shareholders approve $103 billion SABMiller takeover by AB InBev
8 years, 6 months ago

Shareholders approve $103 billion SABMiller takeover by AB InBev

Live Mint  

London: Anheuser-Busch InBev NV clinched its $103 billion takeover of SABMiller Plc after the British brewer’s investors approved a deal that unites the world’s two biggest beer makers, about a year after it was proposed. It is what it is.” The deal brings brands like Stella Artois, Beck’s and Foster’s under one roof and provides AB InBev with its first …

AB InBev-SABMiller deal wins antitrust nod
8 years, 8 months ago

AB InBev-SABMiller deal wins antitrust nod

China Daily  

Anheuser-Busch InBev NV won US antitrust approval for its takeover of SABMiller Plc, after the maker of Budweiser agreed to give up ownership of the Miller brand and open the door to greater competition from craft beers. AB InBev will sell SABMiller's stake in MillerCoors LLC, separating the two brands, and refrain from practices that restrict distribution of smaller rival …

Brewer AB InBev sees slowest China growth in 25 years
9 years, 1 month ago

Brewer AB InBev sees slowest China growth in 25 years

China Daily  

An employee works at a production line of Anheuser-Busch InBev in Wuhan, Hubei province.ZHOU CHAO/CHINA DAILY Anheuser-Busch InBev, the world's largest brewer, has hiked its proposed dividend but forecasts challenges in major markets like China and Brazil, after fourth-quarter earnings came in below expectations. The maker of Budweiser, Corona and Stella Artois forecast improved volumes this year and brand mix …

Brewer AB InBev sees slowest China growth in 25 years
9 years, 1 month ago

Brewer AB InBev sees slowest China growth in 25 years

China Daily  

An employee works at a production line of Anheuser-Busch InBev in Wuhan, Hubei province.ZHOU CHAO/CHINA DAILY Anheuser-Busch InBev, the world's largest brewer, has hiked its proposed dividend but forecasts challenges in major markets like China and Brazil, after fourth-quarter earnings came in below expectations. The maker of Budweiser, Corona and Stella Artois forecast improved volumes this year and brand mix …

AB InBev submits offer to buy SABMiller for $107 billion
9 years, 4 months ago

AB InBev submits offer to buy SABMiller for $107 billion

China Daily  

Anheuser-Busch InBev NV submitted its formal offer to buy SABMiller Plc for about $107 billion, ending a month of intense negotiations to seal the biggest deal in United Kingdom history. To help gain antitrust approval, Molson Coors Brewing Co will acquire SABMiller's 58 percent stake in MillerCoors LLC for $12 billion, giving it full control of a business that makes …

The Biggest Beer Deal Ever Could Threaten Real Craft Brews
9 years, 5 months ago

The Biggest Beer Deal Ever Could Threaten Real Craft Brews

Wired  

It’s been a busy year for beer and things are coming to a head this week. After months of dickering, the world’s largest beer maker, Anheuser-Busch InBev, is buying the world's second-largest beer maker, SABMiller for about $104 billion. “The question really is: How does that impact the ability for a small brewer to get their hands on certain hops …

AB InBev and SABMiller merger to create beer giant
9 years, 6 months ago

AB InBev and SABMiller merger to create beer giant

China Daily  

A production line of Anheuser-Busch InBev in Wuhan, capital of Hubei province. A proposed takeover by Anheuser-Busch InBev, the world's largest brewer, of rival SABMiller Plc is expected to create a colossus producing a third of the world's beer, and the market leader in China. Regulators in the United States are likely to ask for the disposal of SABMiller's stake …

AB InBev and SABMiller merger to create beer giant
9 years, 6 months ago

AB InBev and SABMiller merger to create beer giant

China Daily  

A production line of Anheuser-Busch InBev in Wuhan, capital of Hubei province. A proposed takeover by Anheuser-Busch InBev, the world's largest brewer, of rival SABMiller Plc is expected to create a colossus producing a third of the world's beer, and the market leader in China. Regulators in the United States are likely to ask for the disposal of SABMiller's stake …

AB InBev seeks to buy SABMiller
9 years, 6 months ago

AB InBev seeks to buy SABMiller

The Hindu  

Anheuser-Busch InBev has approached rival SABMiller about a takeover that would form a brewing colossus which makes around a third of the beer consumed globally. A merged group would have a market value of about $275 billion, based on current prices, and would combine AB InBev's dominance of Latin America with SABMiller's strong presence in Africa, both fast-growing markets, as …

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