Fri, Jun. 3, 9:56 AM
- Susquehanna sizes up the Ready-to-Drink tea market after Starbucks (NASDAQ:SBUX) partners up with Anheuser-Busch InBev (NYSE:BUD) to grow the Teavana and Tazo brands.
- On a broad scale, the U.S. RTD market was $5.1B last year and showed 3% growth.
- The main players are Unilever (UN, UL) via Lipton, Arizona Beverage (private), Coca-Cola (NYSE:KO) via Gold Peak, and Dr. Pepper Snapple (NYSE:DPS) via Snapple which as a group account for 70% of sales. Teavana and Tazo have almost no market share with most sales currently coming from Starbucks stores.
- The SBUX-BUD partnership will see Anheuser-Busch InBev produce the tea products at its U.S. breweries and distribute them to about 300K convenience stores and grocery chains in the U.S.
- Analyst Pablo Zuanic provided Seeking Alpha the data.
- Previously: Starbucks finds a tea partner in Anheuser-Busch InBev (June 2)
Thu, Jun. 2, 4:17 PM
- Starbucks (NASDAQ:SBUX) and Anheuser-Busch InBev (NYSE:BUD) announce a major tea partnership in the U.S.
- The companies plan to launch the first Teavana Ready-to-Drink tea in the first half of 2017. Premium RTD tea is the fastest-growing segment in the RTD tea category.
- The initiative combines the powerful Starbucks brand with A-B's production and distribution muscle.
Thu, Jun. 2, 3:09 AM
- The U.S. Justice Department is likely to approve AB InBev's (NYSE:BUD) takeover of SABMiller (OTCPK:SBMRY) later this month, Bloomberg reports.
- The agreement may contain measures to keep the beer behemoth from edging craft brewers from shelves, and could also include limits on the combined company's ownership of distributors.
- The deal received a green light from South Africa's Competition Commission earlier this week.
Tue, May 31, 11:35 AM
- South Africa's Competition Commission clears Anheuser-Busch InBev's (BUD +0.1%) takover of SABMiller (OTCPK:SBMRY) on the condition that it sells a 26% stake in Distell Group.
- The company is also required to protect jobs and set up a fund to protect local farmers.
- A-B InBev landed approval for MegaBrew last week from the European Commission last week.
Wed, May 25, 1:46 PM
- The Department of Justice is probing Anheuser-Busch InBev (BUD +1.4%) on concerns over incentives the company offers to independent distributors to sell A-B brands, sources tell New York Post. The company is a target due to its +40% market share in the U.S.
- The incentive program was introduced by the beer giant late last year in a clear effort to quell the craft beer movement.
- Craft beer makes up about 12% of U.S. beer sales, a mark that doesn't include the craft labels from Anheuser-Busch and MillerCoors.
Wed, May 25, 9:10 AM
- Anheuser-Busch InBev (NYSE:BUD) launches a non-alcoholic version of Budweiser in Canada called Prohibition Brew. The product may be taken to other markets including the U.S.
- The company tipped off last month that it would develop more non-alcoholic beers with demand in the category growing at a solid pace.
- A-B InBev-owned Labatt Brewing distributes Budweiser products in Canada.
Wed, May 25, 2:56 AM
- U.S. antitrust officials are investigating Anheuser-Busch InBev (NYSE:BUD) over its new incentives that encourage independent distributors to sell more of its own beer brands at the expense of competing craft brews, Reuters reports.
- AB Inbev introduced the program in late 2015, and authorities are looking into it as part of the antitrust review surrounding the beer giant's planned takeover of SABMiller, which was approved by the European Commission on Tuesday.
Tue, May 24, 1:48 PM
- Anheuser-Busch InBev (NYSE:BUD) is up 2.39% and SAB Miller (OTCPK:SBMRY) ADRs are 1.87% higher after the European Commission officially approved the mega-merger between the beer giants as expected.
- There were no surprises with the EC statement after A-B removed much of the drama by agreeing to divest SABMiller's business in the Czech Republic, Hungary, Poland, Romania, and Slovakia.
Sat, May 21, 12:49 PM
- Laslzo Birinyi still sees underlying strength in the stock market, despite the myriad of economic, technical, and political fears holding back investor enthusiasm.
- In particular, the well-known investor has his eyes on AutoZone (NYSE:AZO) and builder NVR (NYSE:NVR) as "special situations" stocks.
- Kraft Heinz (NASDAQ:KHC) also makes the list due to its lack of volatility amid a volatile market which could indicate upside down the road. On that point, a quick screen of other consumer goods stocks like Kraft that have weathered the uneven read on U.S. consumer spending and global demand over the last month may tip off some other value picks.
- Here's ten consumer good stocks with a low recent volatility measurement, below average forward P/E ratio, and +2% dividend yield: DEO, UN, UL, CAJ, RMCF, KO, PEP, BUD, PM, PG, TM.
- Related ETFs: IYK, UGE, SZK.
Fri, May 20, 11:29 AM| Fri, May 20, 11:29 AM | 2 Comments
Fri, May 20, 11:00 AM
- Anheuser-Busch InBev (BUD) is bringing Estrella Jalisco across the border to the U.S. with demand for Mexican beers on the rise. The brewer acquired Estrella in the Grupo Modelo deal.
- Estrella fills in a bit of a gap in A-B's portfolio with Corona out its control in the U.S. due to a DOJ agreement. The company is advertising the brand widely, including on Spanish-language TV networks.
- Early report on demand for have been very encouraging.
- Beeradvocate.com review of Estrella Jalisco.
Tue, May 17, 3:10 PM
- Anheuser-Busch InBev (BUD -1.6%) is paying to pay more attention to the Michelob Ultra brand after a few years of sparse marketing support.
- Tactical price promotion and increased advertising have helped Michelob Ultra gain market share in the U.S.
- A-B has promoted Michelob Ultra as a low-carb, low-calorie alternative.
- Now read the Anheuser-Busch earnings call transcript for more details on the Michelob strategy.
Tue, May 10, 3:30 PM
- A new marketing campaign from Anheuser-Busch InBev (NYSE:BUD) this summer will see bottles of Budweiser labeled "America" with the tag line of E Pluribus Unum replacing King of Beers.
- The patriotic theme from the beer company is well-timed, with the Summer Olympics and the heated U.S. Presidential election on the calendar. It also coincides with Budweiser losing market share in the U.S.
Fri, May 6, 12:54 PM
- Fitch Ratings downgrades default ratings on Anheuser-Busch InBev (BUD -0.4%) to BBB+ after factoring in free cash flow generation and the higher level of leverage ahead of the SABMiller acquisition.
- "We do not foresee any recovery in leverage over the medium term in the absence of a reduction in shareholder distributions or other cash preservation measures," reads the Fitch note.
- Fitch raises the possibility of the combined beer company deleveraging through a temporary cancellation of A-B's dividend.
- Fitch locks in a Rating Watch Negative stance on Anheuser-Busch InBev until the dust settles with the merger.
- Full Fitch report
Thu, May 5, 2:09 AM
- Following several delays, the Australian Competition and Consumer Commission has cleared Anheuser Busch Inbev's (NYSE:BUD) planned $100B takeover of rival SABMiller (OTCPK:SBMRY), stating the deal would not adversely affect the domestic market.
- AB Inbev still expects to complete the purchase by the end of 2016, but has to secure antitrust clearance in Europe, where both it and its target are headquartered.
Wed, May 4, 9:57 AM
- Anheuser-Busch InBev (BUD -1.9%) struggled to overcome economic problems in Brazil during Q1. The soft demand in the region led to a 10% drop in revenue.
- Sales across the company were down 1% as other factors including the upcoming SABMiller merger and tepid volume in the U.S. played in.
- Total volume was down 1.7% Y/Y. Volume by region: North America -1.1%, Mexico +13%, Europe +1.8%, Asia Pacific -0.5%, Latin America North -7.3%, Latin America South -5.3%.
- A higher mix of premium brands helped A-B increase revenue per hectoliter by 5.2% (ex-F/X).
- Previously: Anheuser-Busch Inbev misses by $0.35, misses on revenue
Anheuser-Busch InBev SA engages in the provision of beverages products. Its activities include manufacturing, marketing and distribution of alcoholic and non-alcoholic drinks. It operates through the following geographical segments: North America, Mexico, and Latin America North, Latin America... More
Sector: Consumer Goods
Industry: Beverages - Brewers
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