Anheuser-Busch Inbev SA Sponsored ADR (Belgium) (BUD)
61.08
+0.34 (0.56%)
Anheuser-Busch InBev S.A. is a global beverage and brewing company known for its extensive portfolio of iconic beer brands
With roots spanning multiple continents, the company combines the heritage of its founding breweries with modern brewing techniques to produce a diverse range of alcoholic and non-alcoholic beverages. Anheuser-Busch InBev operates numerous breweries and distribution facilities worldwide, focusing on sustainable practices and innovation in product development. Through its commitment to quality and consumer engagement, the company strives to enhance the drinking experience for consumers while also contributing positively to the communities it serves.
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Beer powerhouse Anheuser-Busch InBev (NYSEBUD) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.5% year on year to $14.84 billion. Its GAAP profit of $0.61 per share decreased from $0.94 in the same quarter last year.
Shares of beer powerhouse Anheuser-Busch InBev (NYSEBUD)
jumped 9.1% in the morning session after the company reported decent fourth-quarter 2024 results, with EPS slightly exceeding analysts' expectations. However, revenue grew just 3.4% , falling short of estimates due to a modest decline in total volume, led by weakness in China and Argentina.
Looking ahead, the company expects EBITDA growth of 4-8% in 2025, which is in line with its medium-term outlook.
Overall, the quarter showed mixed results: while profitability improved, weaker sales volumes and cautious guidance suggest there is still room for improvement.
Anheuser-Busch InBev (NYSEBUD) reported a 3.4% YoY sales growth for Q4 FY24, reaching $14.84 billion, surpassing analyst expectations. Despite a slight decline in beer volumes, the company saw a 4.3% revenue per hl growth and a 6.3% organic increase in gross profit, reaching $8.19 billion.
Warren Buffett bought a beer stock in the fourth quarter, which could be unique since he doesn't drink. The move also comes as the stock faces pressure from President Donald Trump.
Anheuser-Busch InBev (NYSEBUD) CEO Brendan Whitworth wants to change the term used to classify brews like Budweiser and Bud Light – "domestic" beer – to a more patriotic "American" beer.
Donald Trump placing tariffs on Canada, China and Mexico could impact multiple sectors. A look at the areas where Americans could see higher prices soon.
Shares of major alcohol producers and distributors declined sharply following a warning issued by U.S. Surgeon General Vivek Murthy about the increased cancer risks associated with alcohol consumption.
