Anheuser-Busch InBev SA/NV (BUD) Q2 2025 Earnings Conference Call July 31, 2025 9:00 AM ET Company Participants Fernando Mommensohn Tennenbaum - Chief Financial Officer Michel Dimitrios Doukeris - Chief Executive Officer Conference Call Participants Andrea Pistacchi - BofA Securities, Research Division Chris Pitcher - Redburn (Europe) Limited, Research Division Edward Brampton Mundy - Jefferies LLC, Research Division Jean-Olivier Nicolai - Goldman Sachs Group, Inc., Research Division Laurence Bruce Whyatt - Barclays Bank PLC, Research Division Mitchell John Collett - Deutsche Bank AG, Research Division Robert Edward Ottenstein - Evercore ISI Institutional Equities, Research Division Sanjeet Aujla - UBS Investment Bank, Research Division Operator Welcome to AB InBev's Second Quarter 2025 Earnings Conference Call and Webcast. Hosting the call today from AB InBev are Mr.
U.S.-listed shares of AB InBev (BUD) sank 12% Thursday as the world's biggest beermaker's volume and sales missed estimates on soft demand in China and Brazil.
While the top- and bottom-line numbers for Anheuser-Busch Inbev (BUD) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Anheuser-Busch InBev (NYSE: BUD), the parent company of Bud Light, reported mixed second-quarter results on Thursday, July 31, that failed to impress investors despite revenue growth of 3.0% to $15.004 billion and normalized EBITDA gains of 6.5%.
The brewer reported earnings per share came in at 98 cents on revenue of $15 billion.
Anheuser Busch InBev shares fell as much as 11% as the brewer on Thursday reported declining volumes in the second quarter.
The world's largest brewer posted a rise in second-quarter net profit to $1.68 billion, beating analysts' forecasts even as beer volumes continued to fall.
BUD's Q2 earnings are anticipated to rise 4.4% y/y as premiumization, pricing and digital gains offset macro and cost pressures.
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BUD depends on global scale and digital reach, while SAM banks on product diversity to bolster future growth.
BUD invests $17 million in its Houston brewery as part of a $300 million U.S. upgrade, boosting jobs and long-term brewing innovation.