Previous Close | 56.87 |
Open | 56.90 |
Bid | 57.15 x 1400 |
Ask | 57.65 x 800 |
Day's Range | 56.81 - 57.20 |
52 Week Range | 44.51 - 67.09 |
Volume | |
Avg. Volume | 2,274,727 |
Market Cap | 113.532B |
Beta (5Y Monthly) | 1.11 |
PE Ratio (TTM) | 15.57 |
EPS (TTM) | 3.67 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.82 (1.44%) |
Ex-Dividend Date | May 03, 2023 |
1y Target Est | 68.68 |
Bud Light sales continue to be under pressure after a recent marketing campaign.
As investors try to assess the fallout on global brewing leader Anheuser-Busch InBev from a backlash against Bud Light, rival Heineken is spending $100 million to promote a new light beer to Americans. The Dutch brewer sees Heineken Silver driving fresh momentum into its U.S. business, where sales of standard Heineken have broadly stagnated in the past decade. It aims to profit from major changes in the vast U.S. market for light beer - which has reduced alcohol, calories and carbohydrates - although it faces tight competition.
As investors try to assess the fallout on global brewing leader Anheuser-Busch InBev from a backlash against Bud Light, rival Heineken is spending $100 million to promote a new light beer to Americans. The Dutch brewer sees Heineken Silver driving fresh momentum into its U.S. business, where sales of standard Heineken have broadly stagnated in the past decade.
Mahoney Asset Management CEO Ken Mahoney joins the Live Show to discuss two stocks to own, which stocks to avoid, and gives investing tips amid an uncertain market.
An Instagram post during March Madness apparently set off Kid Rock — and began a long six week PR nightmare for Bud Light which has dragged down sales sharply.
Investors don't always think about social issues impacting stock prices. But it can happen, even when a brand tries to do the right thing and support under-represented and often ostracized...
Hosting the call today from AB InBev are Mr. Michel Doukeris, chief executive officer; and Mr. Fernando Tennenbaum, chief financial officer. To access the slides accompanying today's call, please visit AB InBev's website at www.ab-inbev.com and click on the Investors tab and the Reports and Results Center page. It is possible that AB InBev's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements.
AB InBev (BUD) Q1 results reflect gains from robust revenue per hectoliter (hl) growth, pricing actions and revenue management initiatives.
Anheuser-Busch InBev's CEO said it was too early to assess the impact of a conservative backlash in the United States against Bud Light over a social media promotion of the beer by a transgender influencer. "With respect to the current situation and the impact on Bud Light sales, it is too early to have a full view," Michel Doukeris told an investor conference call. "The Bud Light volume decline in the U.S. over the first three weeks of April, as publicly reported, would represent around 1% of our overall global volumes for that period."
BRUSSELS (Reuters) -Anheuser-Busch InBev, the world's largest brewer, reported higher than expected first-quarter earnings on Thursday as sharp price increases failed to put customers off. The maker of Budweiser, Stella Artois and Corona repeated its 2023 forecast that core profit (EBITDA) would grow in line with its medium term outlook of between 4% and 8%, with revenue to grow ahead of EBITDA. Some analysts said the strong first quarter might have led to raised guidance, but a U.S. conservative backlash against Bud Light over a social media promotion on April 1 with transgender influencer Dylan Mulvaney could be cause for caution.
BRUSSELSBRUSSELS, May 04, 2023--AB InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD):
Today's Research Daily features the Q1 earnings season scorecard and new research reports on Apple (AAPL), Microsoft (MSFT), Meta Platforms. (META) and others.
AB InBev's (BUD) Q1 results are expected to reflect gains from premiumization efforts, expansion of the beyond beer portfolio and digital initiatives, offset by elevated costs and currency headwinds.
Big-time corporate earnings, a potential writers’ strike in Hollywood, and the Fed makes a major decision on interest rates. Here are 3 things you need to know for the week ahead: 1. Markets are bracing for some major earnings. Apple (AAPL), Ford (F), Starbucks (SBUX), and AMC (AMC) are just a few of the top companies reporting quarterly results. Those will give us a fresh look at the health of American business. 2. Plus, Hollywood’s movie and TV writers could walk off the lot as early as Tuesday. The Writers Guild of America has voted in favor of a labor strike, giving studios until May 1 to agree on a deal. If a strike does occur, some of your favorite TV and film franchises could be delayed or even cut short. 3. And last but not least, the Federal Reserve makes its decision on whether to continue raising short term interest rates. Signs of a slowdown in the U.S. economy could give the Fed reason enough to pause on their current rate hike policy. We’ll hear from Chairman Jerome Powell on Wednesday. 3.5 We’ve got you covered all week, right here at Yahoo Finance.
Marlboro cigarette maker Altria (NYSE: MO) has been a fascinating company to follow over the past decade. While investing in tobacco companies is a personal decision, there is a non-tobacco aspect to Altria that doesn't seem to get much discussion these days. Here is the non-tobacco reason Altria could make investors a lot of money over the coming years.
Political Strategist James Carville joins the Live Show to discuss Florida Governor Ron DeSantis' feud with Disney, political boycotts of Bud Light, and the outlook for Donald Trump and President Biden's candidacies for the 2024 election.
AnheuserBusch InBev, Constellation Brands, Brown-Forman, Molson Coors and The Duckhorn Portfolio are part of the Zacks Industry Outlook article.
The Beverages - Alcohol industry looks poised for growth on favorable demand trends, innovation, diversification, premiumization and digital growth amid elevated input and packaging costs. Players like BUD, STZ, BF.B, TAP and NAPA will likely capitalize.
Dividend stocks that are trading at modest valuations can make for excellent long-term investments. A couple of cheap dividend stocks to consider today are CVS Health (NYSE: CVS) and Anheuser-Busch InBev (NYSE: BUD). Healthcare company CVS Health is currently trading near its 52-week low.
The Yahoo Finance Live team discusses the decline of Anheuser-Busch stock amid backlash over its partnership with trans TikTok star and spokesperson Dylan Mulvaney.
LEUVEN, Belgium, April 03, 2023--Budweiser, an Anheuser-Busch InBev (AB InBev) (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD) global brand and the Premier League have teamed up to bring footballers and stars of music together in a new content series, Behind The Game, which launches for fans around the world on Wednesday 12 April.
NEW YORK, March 16, 2023--Today, AB InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD) announces it will once again be honored as Creative Marketer of the Year by Cannes Lions. This is the first time in Cannes Lions’ history that the same company has been selected two years in a row.
A Manhattan federal jury on Wednesday found that Constellation Brands Inc did not violate a U.S. distribution agreement with Anheuser-Busch InBev SA unit Grupo Modelo by selling hard seltzers branded with the Modelo and Corona names. The jury accepted Constellation's argument that its license to distribute beer bearing Modelo's brand names also allows it to sell alcoholic drinks like Corona Hard Seltzer and Modelo Ranch Water. A Grupo Modelo spokesperson said the company was disappointed with the verdict and "evaluating all options."
Brown-Forman's (BF.B) Q3 results reflect gains from a strong top line on strength in its brands, premiumization and growth across regions. Soft operating income hurt the bottom line.