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Strong "Ritas" growth for Anheuser-Busch InBev

  • Anheuser-Busch InBev (BUD -0.5%) increased spending on media ads for its "Ritas" products (Lime-A-Rita, Straw-Ber-Rita, Raz-Ber-Rita, etc.) by 437% to $11.8M last year, but is just getting started.
  • The company plans to make the flavored malt beverage an even larger focus in 2H and 2015 with a "significant" increase in the budget tied to it, according to execs.
  • Sales of the Ritas grew 55% to $498M for the 52 weeks ending June 15, good enough for 28% market share for A-B in the new category of progressive adult beverages.
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Comments (1)
  • Deja Vu
    , contributor
    Comments (1287) | Send Message
     
    Making money from mommy juice - buy
    11 Jul, 03:34 PM Reply Like
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