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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As you look at the stock markets around the world, it's always a balance of trying to decide when is the right time to buy.
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.
The worst of BUD's boycott may already be behind us, with FQ1'25 results merely attributed to seasonal factors / industry-wide headwinds and similar YoY declines observed in its peers. It is apparent that the management's efforts have delivered a promising turnaround, as observed in the bottoming owned beer volumes sold and robust Beyond Beer/ no-alcohol beer performance. This is especially since BUD's intensified focus on Michelob Ultra and Busch Light have delivered robust results, underscoring how its diversified portfolios have driven renewed growth.
Israel's and Iran's military actions sent stocks tumbling on Friday, as fears of an all-out war in the Middle East permeated the market. Bulls leading the stock market's comeback in April like Nvidia (-2.2%) experienced losses while energy and defense stocks got a boost. Commodity futures surged as gold hit an end-of-day record of $3,431.20 per troy ounce on Friday.
Summer is here. Although tariff uncertainty persists, summer-centric industries can offer Strong Buy-rated stocks despite market volatility. Certain sectors and industries have historically experienced an uptick or strong performance during the summer months due to shifts in consumer behavior. Consumer staples offer defensive, recession–resistant, and tariff-resilient characteristics, perfect throughout the year, especially following recent US-China trade truce violation accusations.
BUD set to make a $300-million investment to aid U.S. manufacturing operations. Pricing actions, ongoing premiumization and other initiatives have been drivers.