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Anheuser-Busch Inbev SA/NV (BUD)

  • Fri, Apr. 10, 10:15 AM
    • Beer consumption in China fell in 2014 for the first time since 1998, according to data from the National Bureau of Statistics in China.
    • Volume dropped 1.8% Y/Y to 49.39M kiloliters.
    • The drop is partially attributable to a drop in lavish spending and grift from politicians as well as a younger generation not as prone to binge drink as their parents.
    • Kirin Holdings (OTCPK:KNBWY, OTC:KNBWF), China Resources Snow Breweries (SABMiller (OTCPK:SBMRY) J/V), Tsingtao Brewery (OTCPK:TSGTY, OTCPK:TSGTF), Carlsberg (OTCPK:CABGY, OTCPK:CABJF), and Anheuser-Busch InBev (NYSE:BUD) are the beer heavyweights in China.
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  • Tue, Mar. 31, 8:18 AM
    • Anheuser-Busch InBev (NYSE:BUD) discloses it purchased 1.364M shares as part of a buyback program launched on February 26.
    • The company's purchases amounted to $166.9M over the period.
    • BUD -0.87% premarket to $122.48.
    • A-B press release (.pdf)
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  • Thu, Mar. 26, 7:11 AM
    • Anheuser-Busch InBev (NYSE:BUD) is days away from nominating JAB Holding CEO Olivier Goudet as its next chairman, sources tell Reuters.
    • The move would keep A-B closely tied to JAB and 3G Capital with its four board members.
    • JAB and 3G are two of the biggest players on the global consumer goods scene.
    • Previously: Beer fallout from Kraft buyout (Mar. 25 2015)
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  • Wed, Mar. 25, 8:27 PM
    • The odds of 3G Capital Partners financially backing a takeover by Anheuser-Busch InBev (NYSE:BUD) of SABMiller (OTCPK:SBMRY) were taken down a notch by analysts after the merger between Heinz and Kraft Foods was announced.
    • 3G is considered a likely source of financing for the +$100B A-B would need to put together an attractive offer for its beer rival, but will be a little lighter in the wallet after the Kraft buy.
    • The analyst community has been sharply divided over the last year on if the beer mega-merger is actually in the works.
  • Mon, Mar. 16, 1:40 PM
    • Craft brewers in the U.S. realized volume growth of 18% in 2014, according to data released by the Brewer's Association.
    • Retail dollar value of craft beer sales rose 22% to $19.6B to carve out overall beer market share of 19.3% for the category.
    • The number of operating breweries in the U.S. rose 19% to 3,464 last year.
    • M&A has picked up in the sector to help Big Beer grab some of the craft growth, although the "think local" mindset of younger beer drinkers has made national roll-outs of craft brands tricky.
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  • Mon, Mar. 9, 7:37 AM
    • Wheat prices took a sharp turn lower last week as traders weighed the large amount of global supply versus a tightening of demand in the U.S.
    • Prices have recovered a bit today in front of a Department of Agriculture report, but are expected to see more downward pressure.
    • The development should bring some relief for food companies as supplying contracts are reworked.
    • Related stocks: SJM, FLO, CAG, POST, CPB, GIS, K, PEP, BUD.
    • Related ETF: WEAT.
    • Wheat daily price wheat chart.
  • Thu, Feb. 26, 10:27 AM
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  • Thu, Feb. 26, 7:46 AM
    • Anheuser-Busch InBev (NYSE:BUD) reported net profit of $2.53B in Q4 vs. $2.52B a year ago as a lower overall tax rate boosted results.
    • Revenue was up 2.6% Y/Y to $12.02B vs. $11.86 consensus.
    • Total volume was flat in Q4. Volume for Focus Brands was +1.3%.
    • Revenue in the U.S. was up 2.2% off a 0.2% gain in volume. The Bud Light brand gained market share in the U.S. during the period.
    • Revenue in China jumped 13.9% off of a 1.2% gain in organic volume.
    • Volume drops in Germany and South Korea pinched global results.
    • The company announced a $1B share buyback program and raised its dividend.
    • During the conference call, CFO Felipe Dutra said a 3.4% dividend yield is a target.
    • A-B press release (.pdf)
    • BUD +0.4% premarket.
  • Wed, Feb. 25, 5:30 PM
  • Tue, Feb. 17, 11:46 AM
    • Anheuser-Busch InBev (BUD +0.6%) exits a joint venture with Ravi Jaipuria in India.
    • The company plans to run its business in the nation independently through its Crown Beers subsidiary.
    • A-B will make a $100M-$150M payment to end the JV, according to sources.
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  • Sat, Feb. 14, 10:13 AM
    • Craft soda is starting to become a trend to watch closely, according to industry insiders.
    • Though still accounting for only ~1% of the total U.S. soda market, major retail chains have increasingly been willing to bet on local craft brands in store aisles.
    • The craft craze is old news for the beer industry where coming-of-age millennials buy craft/local beers at a 50% higher rate than brand-loyal older generations. Fading stars such as Budweiser and Bud Light are testament to the impact of the millennial paradigm.
    • The craft influence in coffee hasn't been lost on Starbucks which has strategically deployed trucks on college campuses in an effort to win over students.
    • Despite the progressive reputation of Starbucks, analysts think new upstarts such as Craft (subscription) and Cups (app) have a shot of gaining influence with the Indie-minded millennial crowd on "customization" and pricing.
    • What to watch: An increase in M&A activity in the beverage sector is expected as major companies strategically pick off more local craft brands to incubate.
    • Craft coffee watch: GMCR, SBUX, JVA, SJM, KRFT, DNKN, QSR, MCD.
    • Craft soda watch: PEP, KO, MNST, COT, DPS, OTCQB:JSDA, REED, SODA,  FIZZ.
  • Mon, Feb. 9, 10:50 AM
    • Anheuser-Busch InBev (BUD -1.5%) won't comment on a rumor that it's interested in acquiring Cigar City Brewing.
    • The Tampa Tribune reported over the weekend that A-B had talks with the Florida craft brewer.
    • The beer giant is in the awkward spot of being in a craft brewery acquisition phase, while also gearing marketing efforts toward "macro" beer.
    • Previously: Anheuser-Busch InBev vs. the beer world (Feb. 04 2015)
    | 1 Comment
  • Wed, Feb. 4, 2:06 PM
    • Mike's Hard Lemonade is exploring a sale, according to a report from Reuters.
    • A valuation of over $1B is anticipated.
    • The brand competes against Anheuser-Busch InBev (NYSE:BUD) and MillerCoors (TAP, OTCPK:SBMRY) in the U.S.
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  • Wed, Feb. 4, 10:25 AM
    • Anheuser-Busch InBev (NYSE:BUD) has been under attack this week in the beer industry after airing a Super Bowl commercial poking fun at the craft brew craze.
    • Though the attacks from craft brewers were to be expected, MillerCoors (OTCPK:SBMRY, TAP) is also trying to get on the right side of the debate with new advertising saying beers should be "fussed over" - contrary to the A-B spot.
    • The co-founder of Elysian Brewing, which was purchased recently by A-B, didn't hold his tongue - calling the beer giant "tone-deaf" with its new angle.
    • The marketing team at Anheuser-Busch says it's attempting to define "macro" beer in a positive light.
    • In case you missed it, here's the SB commercial that has the beer industry all worked up.
    • Related stocks: TAP, BREW, OTCQX:HEINY, SAM.
    | 1 Comment
  • Mon, Feb. 2, 9:31 AM
    • Anheuser-Busch InBev (NYSE:BUD) catches praise from some marketing mavens for its Super Bowl ad which took aim at taking back ground from craft beers on quality.
    • The company's second commercial during the game poked fun at beer snobs and noted that Budweiser is brewed for drinking, instead of dissecting.
    • Though A-B has its own craft brands and is on a slow pace of buying out local breweries, new marketing is aimed at disrupting the small-is-better argument.
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  • Fri, Jan. 23, 1:56 PM
    • Anheuser-Busch InBev (BUD +1.2%) purchases Elysian Brewing Co. for an undisclosed amount.
    • The company adds 4 brewpubs in the Seattle area as part of the deal and a beer line that is distributed in 11 states.
    • Elysian produced about 50K barrels of beer last year.
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Company Description
Anheuser-Busch Inbev SA is engaged in the production, marketing, and distribution of beer. Its brand comprises of Budweiser, Corona and Stella Artois. It also manufactures non-alcoholic beverages such as bottle water and Ice tea.
Country: Belgium