- Reuters•4 minutes ago
Anheuser-Busch InBev (ABI.BR), the world's largest brewer, reported one of its weakest quarters in years as margins collapsed in recession-hit Brazil under pressure from lower sales, delayed price increases and currency hedges. The maker of Budweiser, Corona and Stella Artois also cut its guidance for full-year revenue growth after sales declined for a fourth straight quarter in its second-largest market. The brewer said on Friday that volumes in Brazil, where it has two thirds of the market, dropped by 4.1 percent in the July to September period, its fourth straight quarter of decline and bringing the drop in the year to date to 6.4 percent.
- MarketWatch•2 hours ago
European stocks are down Friday, with brewer Anheuser-Busch InBev among the companies whose shares are falling after downbeat financial updates, while growth data from France missed expectations.
Anheuser-Busch InBev SA/NV (BUD)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||117.11 x 1100|
|Ask||117.25 x 1300|
|Day's Range||120.91 - 122.68|
|52wk Range||110.59 - 136.08|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||51.38|
|Avg Vol (3m)||1,308,226|
|Dividend & Yield||4.60 (3.79%)|