AB InBev partners to brew beer for Pabst in its breweries. This marks a significant step for AB InBev to integrate a former competitor into its supply chain.
Americans consumed over 62 million cases of ready-to-drink spirits in 2023, an increase of almost 25% from 2022.
Morgan Stanley analyst Sarah Simon lowered the firm's price target on AB InBev to $63 from $68.50 and keeps an Overweight rating on the shares. The firm is updating estimates to reflect the latest scanner data in European and U.S. markets, as well as latest foreign exchange rates, which it says "have both a translational and transactional impact on profitability." While the firm still sees AB InBev offering "very attractive" cash returns, growth and share price performance is likely to be second half weighted and it sees better near-term opportunities elsewhere in Beverages, so the stock was also removed as the analyst's "Top Pick" in the space.
BUD stock continues its downtrend due to ongoing cost headwinds. However, its focus on premiumization and the Beyond Beer portfolio offers growth potential.
India's antitrust body has raided offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev as it investigates allegations of price collusion with retailers in a southern state, sources familiar with the matter said.
Shares of global brewer Anheuser-Busch InBev have really struggled in recent years, with everything from COVID to consumer boycotts to a strong dollar playing their part. The underlying business is healthier than the headline numbers might suggest. Margins continue to improve after being hit hard by recent inflation. The stock's current valuation appears to reflective of continuing anemic growth. Given margin expansion, this looks overly pessimistic. Mid-single-digit annual growth would be enough to drive significant upside.
Michelob Ultra's rise 'has been years in the making' for Anheuser-Busch.
There is a new favorite beer on tap. One of Anheuser-Busch InBev's beers nabbed the top spot last month, according to data from Draftline Technologies.
AB InBev's $10M investment in the Jacksonville brewery underscores its dedication to delivering high-quality, great-tasting products for years to come.
AB InBev shows gradual improvements post DEI backlash, but challenges remain, including high goodwill and low FCF/Sales Ratio. Non-beer segment growth and improving macroeconomic indicators could help sustain recovery, despite ongoing Bud Light boycott impacts. The stock is trading below historical P/E and P/B ratios, presenting a potential buying opportunity with a focus on dividends.
BUD signs the sponsorship contract, becoming the Official Beer Partner for the FIFA Club World Cup 2025. This expands its legacy in sports and brand engagement.
Constellation Brands' stock fell as the parent of the Modelo and Corona beer brands could be among the companies most impacted by President-elect Donald Trump's plan to impose tariffs on imports from Mexico.