Key PointsAnheuser-Busch stock is down over 4% after mixed earnings reveal it still has a Bud Light problem. However, global revenue came in at an all-time high, which is a reminder that both sides of the boycott have a point.  Analysts are optimistic, but BUD stock will likely have to prove it can boost earnings before it can move higher.  5 stocks we like better than Anheuser-Busch InBev SA/NVAnheuser-Busch InBev NYSE: BUD is down about 4.25% a few days after it reported its fourth quarter and full-year 2 ...

This July 21, 2008 photo shows barley growing in front of the Busch Agricultural Research facility ... [+] elevators in Fargo, ND. AFP PHOTO/Karen BLEIER (Photo credit should read KAREN BLEIER/AFP via Getty Images)AFP via Getty ImagesAnheuser-Busch InBev stock (NYSE: BUD) recently reported its Q4 results, with revenues falling short but earnings beating the street estimates. The company reported revenue of $14.5 billion and an adjusted profit of $0.82 per share compared to the consensus estimates of $15.3 b ...

The stock market keeps hitting new record highs almost every week. With sectors like semiconductors and AI taking off, the sky is the limit.But is it too late to get a bargain in this roaring market? Fortunately, there are still some great values out there. These are seven of the top undervalued stocks to buy now. All of these are 5-star stocks according to Morningstar’s analysts, which suggests these seven strong buy stocks have dramatic upside to fair value in the weeks and months to come.Estee Lauder (EL ...

While the market continues to climb a wall of worries, it’s not a bad idea to consider diversifying into consumer staples stocks to  buy. No, the idea here isn’t necessarily to get rich off the ideas (though that would be nice). Instead, it’s to mitigate volatility risks.Sure, a broader downdraft tends to impact all securities. However, certain companies and industries should be able to withstand the pressure better than others. In particular, consumer staples stocks to buy offer a viable platform because o ...

Passive Income Investors Love The 5 Highest Yielding Dividend Kings ptasha / iStock via Getty Images Over the last two years, interest rates have jumped from historical lows of literally 0% to the highest level since 2007 at 5.5%. 30-year FHA Mortgages have jumped from 2.65% in January of 2021 to the current 7.24% rate. During that period, any stock that was the least sensitive to interest rates got hammered, and the damage trail covered several sectors. While it was a tough stretch for shareholders, 2024 ...

Bud Light-parent Anheuser-Busch InBev may have lost more than $1 billion in sales because of its ill-fated advertisement featuring transgender influencer Dylan Mulvaney.In North America, organic revenue — seen as the best measure of operating performance — nosedived a staggering $1.4 billion in 2023, “primarily due to the volume declined of Bud Light,” according to CNN, citing the brewer’s fourth-quarter earnings report.Global volumes declined 4% in the quarter, though in North America, they fell more than ...

Google is facing heavy backlash over accusations that the company is "woke" following the revelation that its new artificial intelligence tool, Gemini, was developed with a bias against White people. The Alphabet-owned tech giant is scrambling to right ship after pulling the plug on Gemini's image generation features last week, with CEO Sundar Pichai telling employees on Tuesday the company is working "around the clock" to fix the tool's bias, calling the images generated by the model "completely unacceptab ...

Anheuser-Busch InBev beat sales estimates in its fourth quarter and full year 2023 results released Thursday. But the global beer giant continues to suffer in the U.S. from the boycott against its Bud Light brand nearly a year after entering its controversial partnership with transgender influencer Dylan Mulvaney. A-B reported revenue increased 7.8% last fiscal year, hitting an all-time high, but acknowledged its "full growth potential was constrained by the performance of our U.S. business." Ticker Securit ...

Financial Data and Key Metrics Changes - The company achieved record revenue of approximately USD 59.4 billion, representing a 7.8% growth year-over-year [8][46] - Net revenue per hectoliter increased by 9.9% due to pricing actions and ongoing premiumization initiatives [8] - Total volumes declined by 1.7%, primarily due to performance in the U.S. and a soft industry in Europe [8] - EBITDA grew by 7%, reaching nearly USD 20 billion, in line with the company's medium-term growth ambition [27][42] - Free cash flow generated was approximately USD 8.8 billion, a $300 million increase from 2022 [24] Business Line Data and Key Metrics Changes - In Colombia, the business delivered record high volumes with double-digit top line growth and high single-digit bottom line growth [11] - In the Asia Pacific region, particularly China, the business achieved double-digit top and bottom line growth, with premium and super premium brands driving overall market share gains [12] - The U.S. business saw a revenue decline of 9.5% with STW volumes down by 12.7%, primarily due to Bud Light's volume decline [43] - In Brazil, high single-digit top line and double-digit bottom line growth were reported, led by premium and super premium brands [45] Market Data and Key Metrics Changes - The beer category gained 260 basis points of share of total alcohol by volume globally over the last five years [46] - The company's market share improved gradually, reaching 38.3% in 2023 [17] - Premium beer brands are growing faster than premium offers in hard liquor and wine [3] Company Strategy and Development Direction - The company continues to focus on premiumization as a strong trend, with both premium and super premium brands growing double digits [1] - Investment in sales and marketing reached $7.2 billion in 2023, with an average of over $7 billion annually over the last five years [20] - The company is optimizing its business by focusing on resource allocation, robust risk management, and efficient capital structure [49] - The company aims to maximize long-term value creation through dynamic capital allocation, including deleveraging and selective M&A [24][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the execution of their strategy and the momentum seen globally, with revenue growth in 85% of markets [31] - The outlook for 2024 is set at 4% to 8% organic EBITDA growth, reflecting a more ambitious target due to the capping of price growth in Argentina [30][52] - Management highlighted the importance of upcoming major sports events for brand activation and consumer engagement [68][90] Other Important Information - The company completed nearly 90% of its $1 billion share buyback program [16][25] - The Board proposed a dividend of EUR 0.82 per share, a 9% increase compared to 2022 [25][42] - The company is focusing on sustainability goals, achieving a 44% reduction in absolute emissions and improving water efficiency by 18% [49] Q&A Session Summary Question: What is driving the increased confidence in the organic EBITDA growth guidance? - Management indicated that the confidence stems from the execution of their strategy and the positive momentum observed globally, with revenue growth in 85% of markets [31] Question: What is the base case assumption for Bud Light's share recovery? - Management noted that while recovery is ongoing, it is not at the pace initially expected, but progress is being made with a recovery of approximately 120 basis points of market share [86] Question: How is the marketing spend phased this year? - Management stated that marketing spend will be balanced throughout the year, focusing on major sports sponsorships and events to engage consumers [90] Question: Should we expect a reversal in net working capital in 2024? - Management confirmed that the negative working capital effects from 2023 should reverse in 2024, leading to improved cash flow [62] Question: What is the outlook for the effective tax rate? - Management provided an expected normalized effective tax rate range of 27% to 29% for 2024, indicating it is a stable outlook without significant one-off impacts [73][74]

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...