Tue, May 19, 9:55 PM
- Whirlpool (NYSE:WHR) and Anheuser-Busch InBev (NYSE:BUD) starting selling their B.blend machine in Brazil today.
- The B.blend has the distinction of being the first all-purpose beverage maker with its capacity to make hot, cold, or carbonated single-serve drinks.
- A successful launch in the U.S. by the 50-50 partners could set up the product for an international roll-out.
- The development also has potential implications for Keurig Green Mountain (NASDAQ:GMCR), Coca-Cola (NYSE:KO), and SodaStream (NASDAQ:SODA)
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| 2 Comments
Tue, May 5, 5:30 PM
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Mon, May 4, 8:27 AM
- Anheuser-Busch InBev (NYSE:BUD) is hit with a two-notch downgrade from CLSA to Underperform from Outperform.
- The ratings actions follows the lead of other firms which have chipped away at price targets on the beer company due to F/X concerns and sluggish volume trends in some key markets.
- BUD -0.5% premarket to $120.81
Thu, Apr. 30, 9:40 AM| Comment!
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.
Tue, Mar. 31, 8:18 AM| Comment!
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)
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.
- Craft beer watch: BUD, OTCPK:SBMRY, TAP, OTCQX:HEINY, SAM, BREW, STZ, OTC:BIBLF, OTCPK:BRBMF.
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
- Global beer stocks are getting a lift off of Anheuser-Busch InBev's (BUD +2.3%) Q4 report which showed some pockets of strength.
- The read on pricing for the sector was favorable, say beverage analysts.
- Gainers: Kirin Holdings (OTCPK:KNBWY, OTC:KNBWF) +1.1%, Diageo (NYSE:DEO) +0.5%, Molson Coors (NYSE:TAP) +0.8%, SABMiller (OTCPK:SBMRY) +2.2%, Carlsberg (OTCPK:CABGY) +1.6%, Heineken (OTCQX:HEINY) was up over 2% in Amsterdam trading.
- Previously: Improvement in the U.S. lifts Anheuser-Busch InBev
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
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Tue, Feb. 17, 11:46 AM| Comment!
BUD vs. ETF Alternatives
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.
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