Thu, Nov. 12, 3:21 AM
- Just a day after sealing its MegaBrew deal, SABMiller (OTCPK:SBMRY) reported higher underlying sales and beverage volume for the second quarter, although EBITA fell 11% to $2.9B in the six months through September.
- "We had a good first half, stripping out the effects of adverse exchange rates," Chief Executive Alan Clark said.
- Meanwhile, AB InBev (NYSE:BUD) is lining up a $75B loan package to fund its acquisition of SABMiller, an arrangement that will likely save the brewing behemoth millions of dollars in fees.
- Previously: AB InBev, SABMiller seal MegaBrew deal (Nov. 11 2015)
Fri, Oct. 30, 8:30 AM
- Anheuser-Busch InBev (NYSE:BUD) reported some solid organic growth across key regions in Q3 as higher prices contributed.
- Organic sales were up by double-digits in Mexico and Brazil, while the mark in China was +6.6% during a tumultuous quarter.
- U.S. organic sales were up more moderately with a 2.8% rise as A-B continues to see Bud Light and Budweiser lose traction amid the popularity of craft beer. Bud Light market share fell 45 bps during Q3, while Budweiser lost 15 bps. The company's mix of sales in the U.S. included a higher percentage of "above premium" brands.
- Previously: AB InBev raises sales outlook on premium lagers (Oct. 30 2015)
- Anheuser-Busch press release (.pdf)
- Anheuser-Busch is up over 2% in Brussels. BUD ADRs +2.51% premarket in the U.S.
Thu, Oct. 29, 5:30 PM| Thu, Oct. 29, 5:30 PM | 19 Comments
Thu, Jul. 30, 9:07 AM
Wed, Jul. 29, 5:30 PM
- AAWW, AB, ACI, ACIW, ACOR, ACRE, ADP, ALKS, ALLE, ALU, ALXN, AMRC, APD, AVP, AWI, AZN, BC, BCO, BG, BLL, BUD, BWA, BWEN, CAH, CBB, CBM, CBR, CCE, CCJ, CEVA, CI, CL, CME, COP, COT, CPN, CRL, CRR, CRS, CSH, CVE, CVI, CVRR, DBD, DCIX, DFT, DLPH, EDR, EME, ENTG, EPD, ERJ, ESI, EXLS, FCAU, FCN, FIG, FMS, GG, GHM, GLOP, GLPI, GNC, GOV, GTLS, GVA, HEES, HOT, HP, HST, I, IART, IDA, IDCC, IDXX, INGR, IRDM, IRM, IT, ITC, IVZ, KMT, LBY, LINE, LKQ, LLL, MD, MDLZ, MDP, MDXG, MMYT, MOBL, MPC, MPLX, MSCI, MTRN, MWW, NAVB, NICE, NMM, NNN, NOK, NTCT, ODFL, OSK, OXY, PBI, PCRX, PES, PF, PG, PNK, PNW, POT, PRFT, PWE, RDS.A, RFP, RTIX, RYAM, RYL, SC, SCG, SEE, SHOO, SHOP, SMP, SNE, SNMX, SSYS, SUI, SWK, TASR, TDY, TE, TEX, TFX, TKR, TMUS, TWC, TWI, UAN, UFS, UPL, VA, VG, VICL, VLO, VLY, WST, WWE, XEL, XRAY, XYL, YNDX, ZBH
Wed, May 6, 9:05 AM
- Total volumes declined by 1.2% for the period.
- Global brands delivered solid volume growth of 4.6%.
- Own beer volume declined 1%.
- Revenue breakdown: United States: $3.26B (-4.8%); Mexico: $893M (-14.30%); Brazil: $2.27B (-8.61%); China: $997M (+16.88%).
- Gross margin rate increased 20 bps to 59.8%.
- Normalized EBIT margin rate grew 120 bps to 30.7%.
- FY2015 Guidance: Tax rate: 22% to 24%; Capex: ~$4.3B.
- BUD +3.33% premarket.
Wed, May 6, 7:29 AM
Tue, May 5, 5:30 PM
- ANSS, ARQL, ATHM, AVA, AYR, BAM, BUD, CEQP, CHH, CHK, CKSW, CLH, CMLP, CRNT, CRZO, CSTE, DAVE, DDD, DNR, EE, EGAN, ENB, EXK, GDP, GLOG, HAIN, HCLP, HFC, HSC, HSNI, HTA, IMN, INFI, KELYA, LAMR, LG, LINC, MEMP, MPO, MSI, MWE, NOR, NXTM, OXY, PERI, PGNX, POWR, RDC, RHP, SBGI, SCMP, SE, SNH, SODA, STRA, SUP, SWC, TMHC, TRXC, VG, VOYA, VSI, WCG, WD, WEN, WIX, WMC, WPX, XLS, XRAY
Wed, Feb. 25, 5:30 PM
- ACIW, ACTA, AES, AKRX, AMCX, AMWD, ANSS, ARCC, BDBD, BIN, BUD, CCG, CHS, CNP, CNSL, CRI, CWEI, CYBX, DDD, EME, EXH, EXLP, FCH, FIG, FRO, GCAP, GOGO, HAWK, HEES, HSC, HSNI, ICON, IQNT, IRDM, ITC, KOP, KSS, LKQ, LPI, LTM, MBLY, MDXG, MGLN, MITL, MRGE, [[NTi]], NTLS, NXST, NXTM, OGE, ONE, RHP, SDRL, SEAS, SFY, SHLD, SNAK, SNH, SNMX, SRE, SRPT, TASR, TD, TICC, TWI, VAC, VC, VICL, WAC, WNR, XCRA, ZEUS
Oct. 31, 2014, 10:23 AM
- Anheuser-Busch InBev (BUD -0.7%) reports an increase in profit during Q3 as higher prices offset some volume slips in the U.S, Europe and Asia.
- Sales volume was off 2.6% in the U.S., while a cold spell in China led to a 4.9% volume dip in the region.
- Market share in the U.S. fell 30 bps vs. the -65 bp slide in Q2.
- No problems in Brazil, where A-B's market share rose 100 bps to 69% with the World Cup traffic a factor.
Oct. 31, 2014, 9:11 AM
Oct. 30, 2014, 5:30 PM
Jul. 31, 2014, 8:33 AM
- Anheuser-Busch InBev (NYSE:BUD) reports revenue jumped 5% to $12.2B in Q2 with the World Cup generating significant volume momentum for the beer giant.
- Net profit was up 72% to $2.61B as cost-cutting measures factored in and due to strong performances by the company in China and Brazil.
- Beer volume was up 7.2% in Brazil to help A-B generate a 1% overall beer volume gain. Execs think a carry-over effect will play out into Q3.
- Things weren't so rosy in the U.S. where the company lost market share in Q2. Beer volume in North America fell 3% Y/Y in Q2.
- A-B's net debt is now up to $46.3B.
- Shares of BUD are unchanged in premarket trading.
Jul. 30, 2014, 5:30 PM
- AAWW, ABMD, ACIW, ACOR, ADP, AGI, ALKS, ALU, AMRC, APA, ASEI, ATK, AVP, AYR, AZN, BDX, BG, BGCP, BKCC, BLL, BUD, BWA, BZH, CCJ, CDW, CEVA, CHTR, CI, CL, CME, CNSL, COMM, COP, COT, CRCM, CRR, CTCM, CVI, CVRR, DDD, DISCA, DLPH, DTV, ENDP, EPD, EXC, FCH, FCN, FIG, FLY, FRM, GEL, GG, GIL, GLOP, GMT, GNRC, GTLS, H, HGG, HL, HP, HST, IDA, IMN, INCY, IRDM, IRM, ITT, IVZ, K, KMT, LKQ, LLL, LM, MA, MCK, MD, MDP, MNTA, MOD, MOS, MPC, MPLX, MSCI, MTOR, MWIV, NGD, NI, NJR, NWL, OAK, OCN, ODFL, OXY, PCG, PCRX, PES, PNR, PNW, PPL, PRFT, PWR, Q, RFP, RYL, SBH, SC, SCG, SFY, SHOO, SNAK, SNMX, STC, STRA, STRZA, SUP, SWC, TE, TEVA, TKR, TRP, TWC, UAN, UPL, USAK, VG, VICL, VNTV, VRX, WLT, WWE, XEL, XOM, XRAY
May 7, 2014, 9:20 AM
May 6, 2014, 5:30 PM
- AGN, ALE, AOL, ARIA, ARQL, ATRO, AVA, AYR, BAM, BUD, CHK, CLH, COT, CTSH, DUK, DVN, DWSN, DX, EE, ENB, END, FWLT, GTIV, GWPH, HNT, HTZ, HUM, INXN, KELYA, KING, LAMR, LGND, LINC, LMIA, MDLZ, MEMP, MZOR, NAVB, NJR, NTLS, NVDQ, POM, PRGO, QRE, RIGL, ROC, SBGI, SE, SEP, SFUN, SNSS, SPAR, SPB, STRA, SUSP, SUSS, TAP, THI, TLM, TMHC, TPC, TRGT, USAC, VOYA, VSI, WBAI, WPX, WRES, XEC.
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.
Other News & PR