Welcome to our dedicated page for Anheuser Busch news (Ticker: BUD), a resource for investors and traders seeking the latest updates and insights on Anheuser Busch stock.
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.
Budweiser has launched a new global campaign, Tomorrow is Yours to Take, designed to inspire aspiring creators. Led by Anderson .Paak, the campaign features a music video highlighting various creators from around the world overcoming challenges. The initiative aims to connect and motivate individuals in their pursuit of success. The creative concept was developed in collaboration with Wieden+Kennedy, emphasizing a message that champions independence and resilience. This marks a significant step in Budweiser's efforts to support emerging talent.
Altria Group, Inc. (NYSE: MO) reported Q1 2022 results with net revenues of $5.892 billion, down 2.4% year-over-year, and adjusted diluted EPS of $1.12, reflecting a 4.7% increase. The company reaffirmed its full-year adjusted diluted EPS guidance between $4.79 and $4.93, with a growth rate of 4% to 7% from 2021. Altria repurchased 11.3 million shares for $576 million and declared $1.6 billion in dividends. Despite challenges from inflation and geopolitical issues, Altria's operations remain stable and focused on advancing smoke-free initiatives.
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Byline Bancorp, Inc. (NYSE: BY) appointed Margarita Hugues Vélez to its Board of Directors and announced the retirement of Steven M. Rull effective at the upcoming Annual Meeting in June. Hugues Vélez brings significant experience in corporate law and innovation, expected to enhance the board's effectiveness during a transformational period for the banking industry. Rull, who served since 2016, is commended for his invaluable contributions to Byline. This leadership change may indicate a strategic shift as the company continues to adapt to industry changes.
Budweiser Launches The Energy Collective to provide renewable electricity to bars, stadiums, and music venues globally. This initiative aims to support AB InBev's ambition of achieving net zero emissions by 2040. To date, over 2,000 bars in Brazil and Ireland have transitioned to renewable energy, aiming for 250,000 venues by 2025, potentially saving 36,375 tons of CO2e annually. Budweiser emphasizes sustainable brewing with a goal of 100% renewable energy by 2025.
Altria Group, Inc. (NYSE: MO) presented at the virtual Consumer Analyst Group of New York Conference, discussing its strategic investments aimed at leading the transition to a smoke-free future. CEO Billy Gifford emphasized the importance of this vision for tobacco consumers, shareholders, and society. Altria reaffirmed its 2022 full-year adjusted diluted earnings per share (EPS) guidance at $4.79 to $4.93, showing 4% to 7% growth from 2021. The company underscores that its guidance considers various economic factors, including inflation and regulatory developments, while planning substantial investments in smoke-free product initiatives.
Altria Group, Inc. (NYSE: MO) announced that a Federal Trade Commission (FTC) Administrative Law Judge dismissed claims regarding its minority investment in JUUL Labs, Inc. The ruling followed a three-week trial, concluding that the evidence did not support the allegations of antitrust violations. The FTC can review the decision, which may also be appealed in U.S. Courts. Altria is focused on leading the transition to smoke-free products.
Altria Group, Inc. (NYSE:MO) has been recognized as a member of CDP's 2021 Supplier Engagement Leaderboard for climate change, placing in the top 8% of companies for supplier engagement on climate issues. The Supplier Engagement Rating (SER) assesses governance, emissions, and value chain engagement. Altria aims to achieve significant sustainability goals by 2030, including a 55% reduction in Scope 1 & 2 emissions and 100% renewable electricity. The company also published its first TCFD report, highlighting its commitment to addressing climate-related risks.
Altria Group, Inc. (NYSE:MO) announced the retirement of Director Dinyar S. Devitre from its Board of Directors after nearly 50 years of service. Mr. Devitre will not seek re-election during the upcoming 2022 Annual Meeting, scheduled for May 19, 2022. His contributions included serving as the Senior Vice President and CFO, and he currently chairs the Finance Committee. Altria aims to transition adult smokers to smoke-free alternatives, supported by its diverse portfolio of tobacco and smoke-free products, including significant investments in Anheuser-Busch InBev (NYSE:BUD).
Altria Group reported its Q4 2021 and full-year results, highlighting strong financial performance with a net revenue of $26 billion, down 0.5% year-over-year. The company returned over $8.1 billion to shareholders via dividends and share repurchases, marking its largest annual return since 2002. For 2022, Altria expects adjusted diluted EPS between $4.79 and $4.93, indicating a growth rate of 4% to 7%. Notably, challenges remain with the IQOS device following ITC orders and pending PMTA applications for JUUL and on! products.