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Anheuser-Busch InBev SA/NV (BUD) Stock News, Oct 2023-May 2024

BUD NYSE

Anheuser-Busch InBev SA/NV reports company news for its global brewing and beverage portfolio, with BUD representing its American depositary receipts on the New York Stock Exchange. Recurring updates cover operating results, beer volumes, revenue per hectoliter, megabrand performance and portfolio categories such as no-alcohol beer, Balanced Choices, Beyond Beer and BEES Marketplace.

Company announcements also address brand platforms and partnerships tied to Budweiser, Corona, Corona Cero, Stella Artois, Michelob Ultra and other global, multi-country and local brands. Additional developments include manufacturing investments, brewery and packaging capabilities, annual meeting outcomes, governance matters and capital-structure actions.

Rhea-AI Summary

Anheuser-Busch InBev (NYSE:BUD) reported a first-quarter 2024 revenue increase of 2.6% with a 5.4% EBITDA increase and a 16% growth in Underlying EPS. The company's strategic priorities focus on category leadership, digital monetization, and business optimization. Notable financial highlights include a 6.7% increase in megabrand revenues and a 3.3% rise in revenue per hl. The company's digital ecosystem, BEES, captured 11.3 billion USD of GMV, and the Underlying EPS reached 0.75 USD. AB InBev continues to invest in sustainability efforts while maintaining a positive outlook for FY24.

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FAQ

What is the current stock price of Anheuser-Busch InBev SA/NV (BUD)?

Anheuser-Busch InBev SA/NV (BUD) last closed at $82.59.

What is the market cap of Anheuser-Busch InBev SA/NV (BUD)?

The market cap of Anheuser-Busch InBev SA/NV (BUD) is approximately $162.6B.