Anheuser-Busch InBev SA/NV (BUD)
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Over the last several years, Anheuser-Busch has been undergoing a mindset change as they put the consumer at the center of their innovation efforts. Leading this change is Dafne Hefner, Vice President of Insights and Strategy for Anheuser-Busch.
Anheuser-Busch InBev stock has jumped 12% in just the last one week and has completely outperformed the S&P 500 which was up just 1%. If you look at the change over the last ten days and one month, the stock is up 11% and 8.7%, outperforming the broader market on both the occasions.
Trading around their 52-week lows, these companies should be on your radar.
The world's largest brewer surprised both Wall Street and itself with an upbeat earnings report.
The beverage giant said growth was stronger than expected and boosted its outlook.
Anheuser-Busch InBev SA/NV (BUD) CEO Michel Doukeris on Q3 2021 Results - Earnings Call Transcript
AB InBev (BUD) reports top-line growth in Q3, driven by a favorable combination of volume and pricing. The bottom line reflects the impacts of higher costs and supply-chain disruptions.
Anheuser-Busch InBev, the world's largest brewer, reported higher than expected earnings in the third-quarter on Thursday and upgraded its forecast for full-year growth.
Commodity cost inflation, adverse currency and higher SG&A expenses are expected to have hurt AB InBev (BUD) in Q3. Strong brand portfolio and digital growth are likely to have aided.
X2 Performance announced Thursday a new partnership with Anheuser-Busch's AB ONE, opening the door to widespread distribution of X2 energy drinks to Southern California retailers. What does this partnership mean for the growth of X2 products?