Seeking Alpha

SABMiller (SBMRY.PK) tips off in its latest earnings release that beer drinking in the U.S....

SABMiller (SBMRY.PK) tips off in its latest earnings release that beer drinking in the U.S. remains sluggish, with jointly-owned MillerCoors reporting domestic sales to retailers tailing off 2% Y/Y and sales to wholesalers dipping 3%. While the company blames the high unemployment rate in the U.S. for soft beer sales, the influence of craft breweries remains an underlying factor.
Comments (1)
  • I wonder what they are going to???
    24 May 2012, 08:55 AM Reply Like
DJIA (DIA) S&P 500 (SPY)