Michelob Ultra owner is in talks to buy boxed punch that has gained traction with younger drinkers.
Anheuser-Busch InBev SA/NV (BUD) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Michel Doukeris - Chief Executive Officer Fernando Tennenbaum - Chief Financial Officer Conference Call Participants Edward Mundy - Jefferies LLC, Research Division Mitchell Collett - Deutsche Bank AG, Research Division Laurence Whyatt - Barclays Bank PLC, Research Division Robert Ottenstein - Evercore ISI Institutional Equities, Research Division Andrea Pistacchi - BofA Securities, Research Division Celine Pannuti - JPMorgan Chase & Co, Research Division Simon Hales - Citigroup Inc., Research Division Presentation Operator Welcome to AB InBev's Third Quarter 2025 Earnings Conference Call and Webcast. Hosting the call today from AB InBev are Mr.
The headline numbers for Anheuser-Busch Inbev (BUD) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
BUD's Q3 results are expected to show pricing strength and premiumization gains. Yet, volume softness and cost pressures are likely to have weighed on its performance.
AB InBev's focus on premium brands, innovation and digital expansion drives earnings growth and strengthens its global market edge.
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Key Points in This Article: A recent Gallup poll shows U.S.
ICE raids have hurt beer demand for Corona's parent company. Its search for sales elsewhere could hit these obstacles.
Anheuser-Busch InBev remains attractive after recent share price drop, with strong underlying net cash flow and manageable headwinds. Despite lower revenue, cost controls and operating efficiency led to stable profits and robust free cash flow in H1 2025. The company continues to deleverage effectively, reducing net debt and maintaining favorable debt market sentiment with attractive bond yields.
BUD beats Q2 EPS estimates on cost discipline and brand strength, but revenues miss amid soft China & Brazil volumes.