- Reuters•31 minutes ago
Anheuser-Busch InBev, the world's largest brewer, cut its guidance for full-year growth after beer sales declined for a fourth straight quarter in recession-hit Brazil, its second largest market. The maker of Budweiser, Corona and Stella Artois said on Thursday that volumes in Brazil, where AB InBev has two thirds of the market, dropped by 4.1 percent in the July to September period, bringing the decline in the year to date to 6.4 percent. The Belgium-based brewer said it no longer expects 2016 revenue in Brazil to be flat and also cut its overall guidance for net revenue per hectolitre.
- The Wall Street Journal•1 hour ago
Anheuser-Busch InBev, in the midst of digesting its $100 billion-plus acquisition of SABMiller, cut its revenue growth forecast for the year after the world’s largest brewer reported weaker-than-expected ...
- Reuters•2 hours ago
Anheuser-Busch InBev, the world's largest brewer, reported lower than expected core profit in the third quarter as beer sales declined once again in its second-largest market, Brazil. The maker of Budweiser, Corona and Stella Artois, fresh from its 79 billion pound purchase of SABMiller, said core profit in the third quarter fell by 2 percent to $4.03 billion, compared with the Reuters poll average forecast of $4.43 billion. The Belgium-based brewer said it no longer expected revenue in Brazil for the full year to be flat and also cut its guidance for net revenue per hectolitre for the company as a whole.
Anheuser-Busch InBev SA/NV (BUD)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||121.30 x 500|
|Ask||121.32 x 500|
|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 (3.72%)|