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More Ways to Michelada: THC-Infused Michelada goes Mainstream
Prnewswire· 2024-09-04 14:45
LOS ANGELES, Sept. 4, 2024 /PRNewswire/ -- Los Angeles-based Blaze Mota is releasing a hemp-derived THC version of its Mota'lada, a non-alcoholic ready-to-drink michelada, next month. The Mota'lada is made with non-alcoholic Mexican Lager and a michelada base of tomato, lime, and spices. It contains 10mg of hemp-derived THC and 2mg of hemp-derived CBD. Mota'lada, hemp-derived THC MicheladaMota'lada, hemp-derived THC Michelada The cannabis-infused version of the Mota'lada hit California's regulated cannabis ...
Bud Light Taps Anti-Woke Comedian For College Football Ad: Can Shane Gillis Help Beer Brand Win Back Conservative Consumers?
Benzinga· 2024-08-30 20:17
Anheuser-Busch InBev BUD continues to recover from a boycott in 2023 when it infuriated conservative consumers by partnering with trans activist and influencer Dylan Mulvaney on a marketing campaign. The beer company now has a new brand ambassador, one that will likely help win back its anti-woke customer base, just in time for the 2024 NCAA Football season. What Happened: Bud Light's new ad, geared toward college football fans, stars comedian Shane Gillis. "College football fans are some of the most passio ...
Anheuser-Busch InBev Q2 Earnings: Stock Is Stuck For Good Reasons
Seeking Alpha· 2024-08-15 16:42
E I I I 11 11 1 monticelllo Thesis Overview Anheuser-Busch InBev SA/NV (BUD), the world's largest conglomerate of breweries, reported Q2-2024 earnings on August 1st. In this article, I will discuss these figures against the backdrop of AB InBev's long-term positioning. I typically rate stocks as Hold/neutral, even when my inclination is bullish or bearish. This is because my articles primarily are intended to provide food for thought to help you make your own decisions. Nevertheless, I usually share my pers ...
7 Stocks That Usually Benefit From a Recession
Investor Place· 2024-08-13 20:30
As the dark clouds of a potential recession loom on the horizon, investors are scrambling to find safe havens for their hard-earned money. While it's true that most stocks tend to suffer during economic downturns, there are always a few outliers that manage to defy the odds and emerge stronger than ever. However, before you rush to invest in the first "recession-proof" stock you come across, let me offer a word of caution. Just because a company weathered the storm in the past doesn't guarantee it will do s ...
Is the Worst Over? 3 Recession-Proof Stocks to Shield Your Portfolio.
Investor Place· 2024-08-13 19:01
We are currently in the midst of a correction, a downturn and potentially a recession. Whatever it is, volatility remains high. Investors have engaged in a broad market sell-off over the last month or so. Although there have been some signs of a rebound, Many continue to worry that a market crash is looming. Given that those fears continue to run high, it makes sense to do as much as possible to recession-proof your portfolio and move into safer stocks. Measures of overall market fear indicate that a shift ...
7 Stable Dividend Stocks to Scoop Up on Discount
Investor Place· 2024-08-12 17:22
Following the severe market falloff that began last month but accelerated this month, investors may want to consider the inherent comfort of stable dividend stocks. No, these ideas aren't the most glamorous in the world – far from it. Indeed, many would label them as boring. Nevertheless, in the present cycle, boring is good. To be sure, there's an argument to be made that quality growth-oriented enterprises are now on discount. I'm a big fan of scooping up such entities on the cheap. Since this is the Inte ...
AB InBev (BUD) Tops on Q2 Earnings & Revenues on Robust Demand
ZACKS· 2024-08-02 18:10
Anheuser-Busch InBev SA/NV (BUD) , alias AB InBev, reported solid results in second-quarter 2024. The company's revenues and earnings beat the Zacks Consensus Estimate and improved year over year. Top and bottom-line growth reflected a positive business momentum, owing to the strength of its diversified footprint and consumer demand for its megabrands. The company outlined its view for 2024. AB InBev reported an underlying EPS (normalized EPS, excluding mark-to-market gains and losses related to the hedging ...
Anheuser-Busch Inbev (BUD) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-01 14:36
For the quarter ended June 2024, Anheuser-Busch Inbev (BUD) reported revenue of $15.33 billion, up 1.4% over the same period last year. EPS came in at $0.90, compared to $0.72 in the year-ago quarter. The reported revenue represents a surprise of +0.84% over the Zacks Consensus Estimate of $15.21 billion. With the consensus EPS estimate being $0.84, the EPS surprise was +7.14%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...
ABInBev(BUD) - 2024 Q2 - Earnings Call Transcript
2024-08-01 14:31
Anheuser-Busch InBev SA/NV (BUD) Q2 2024 Earnings Conference Call August 1, 2024 7:00 AM ET Company Participants Michel Doukeris - CEO Fernando Tennenbaum - CFO Conference Call Participants Edward Mundy - Jefferies Rob Ottenstein - Evercore ISI Sanjeet Aujla - UBS Olivier Nicolai - Goldman Sachs Andrea Pistacchi - Bank of America Chris Pitcher - Redburn Laurence Whyatt - Barclays Mitch Collett - Deutsche Bank Sarah Simon - Morgan Stanley Trevor Stirling - Bernstein Operator Welcome to AB InBev's Second Quar ...
Bud Parent AB InBev Reports Higher Q2 Revenue Despite Lower Total Volume
Investopedia· 2024-08-01 12:46
Key Takeaways Anheuser-Busch InBev reported revenue up from last year despite a slight decrease in overall sales volume. Year-over-year sales fell in North America and the Asia Pacific region, but rose in the rest of the world. Revenue fell short of analysts' estimates, while underlying profit came in better than projections. Anheuser-Busch InBev (BUD) reported higher second-quarter sales and profit Thursday, despite lower total volume of its iconic beer brands. The Belgian brewer behind Budweiser and Miche ...