Seeking Alpha

AmBev slips on more sales concerns

  • AmBev (ABV -2.8%) trades lower on concerns higher interest rates in Brazil will cut further into beer spending by consumers.
  • eEarlier this month, the company warned volume sales would fall this year due to weakening demand.
Comments (1)
  • doc47
    , contributor
    Comments (994) | Send Message
    All my life I've read that things like beer and cigarettes are not the first things sacrificed to higher prices and taxes (dining out, fancy cars, fancy clothes, vacations, etc. go first). I'm not buying this theory and I am buying ABV at these pricesgetting ready for the World Cup and Olympics.
    26 Aug 2013, 09:32 PM Reply Like
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