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Thursday 8:46 AM 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.
1 Comment[Global & FX, Consumer]
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at CNBC.com (Mon, 12:33PM)
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at CNBC.com (May 11, 2012)
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at MarketWatch.com (May 4, 2012)
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at CNBC.com (May 4, 2012)
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at MarketWatch.com (May 3, 2012)
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Company Description
Anheuser-Busch Companies, Inc. is a Delaware corporation that was organized in 1979 as the holding company of Anheuser-Busch, Incorporated (“ABI”), a Missouri corporation whose origins date back to 1875. In addition to ABI, which is the nation’s leading brewer of beer, the Company also has... More
