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Can AB InBev (BUD) Deliver Q2 Earnings Beat Despite High Costs?
ZACKS· 2024-07-29 17:00
Anheuser-Busch InBev SA/NV (BUD) , also known as AB InBev, is slated to release second-quarter 2024 earnings on Aug 1. The leading alcohol beverage company is likely to register year-over-year revenue and earnings growth when it reports second-quarter 2024 results. The Zacks Consensus Estimate for AB InBev's second-quarter revenues is pegged at $15.2 billion, suggesting 0.6% growth from the year-ago quarter's reported number. For second-quarter earnings, the consensus mark is pegged at 84 cents per share, i ...
Bud Light falls to No. 3 beer in US following Dylan Mulvaney boycott
New York Post· 2024-07-18 17:43
That was when Bud Light's marketing department decided to hire Mulvaney, the transgender social media influencer with millions of followers across TikTok and Instagram, to tout the brand as part of a special March Madness promotion. the transgender social media influencer, promoted Bud Light on her social media accounts. Evan Agostini/Invision/AP 4 Dylan Mulvaney, Mulvaney posted videos and images on her social media pages showing her brandishing a special, custom-made can of Bud Light with her image and li ...
Bud Light Boycott Effects Endure—Brand Drops To Third
Forbes· 2024-07-18 16:28
Bud Light cans are seen in a store. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Key Facts The crucial four-week period includes the July Fourth weekend, which can heavily impact a beer brand's yearly performance, according to the Wall Street Journal. Get Forbes Breaking News Text Alerts: We're launching text message alerts so you'll always know the biggest stories shaping the day's headlines. Text "Alerts" to (201) 335-0739 or sign up here. $1.4 billion. That's how much Bud light lost in U.S. beer s ...
AB InBev's (BUD) Plans on Track: Can It Retain Momentum?
ZACKS· 2024-07-12 14:46
BUD has been investing in developing a diverse portfolio of global, international crafts and specialty premium brands in its markets. Notably, the company's global brands lead the way in premiumization. BUD's above-core portfolio has been performing well for a while now. Anheuser-Busch InBev SA/NV (BUD) , alias AB InBev, has seen its shares rise in the past three months ahead of its industry peers and the broader sector. The momentum in the share price results from the company's undaunted focus on lifting i ...
Will Anheuser-Busch InBev (BUD) Stock Recover To Its 2021 Highs Of $80?
Forbes· 2024-06-28 13:00
This July 21, 2008 photo shows barley growing in front of the Busch Agricultural Research facility ... [+] elevators in Fargo, ND. (Photo credit should read KAREN BLEIER/AFP via Getty Images) AFP via Getty Images The stock price of Anheuser-Busch InBev (NYSE: BUD) trades at $60 per share, about 25% below its peak level of around $80 seen in mid-June 2021. In contrast, its peer Diageo stock (NYSE: DEO) saw a 35% decline over this period. BUD stock was trading at $55 in early June 2022, just before the Fed st ...
Anheuser-Busch InBev Digital Transformation Strategy Report 2024: ZX Ventures, Investments, Acquisitions, Partnership, Acquisition, Network Map, ICT Budget, and Key Contracts
GlobeNewswire News Room· 2024-06-28 10:54
Dublin, June 28, 2024 (GLOBE NEWSWIRE) -- The "Anheuser-Busch InBev - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering. This report provides insight into AB InBev's technology activities, including an in-depth look at its digital transformation strategies and innovation hubs and accelerator programs. It offers an overview of AB InBev's technology initiatives, covering partnerships, product launches, investments, and acquisitions. Anheuser-Busch InBev SA/ ...
Anheuser-Busch set to deliver ‘ideal' growth profile, analysts believe
Proactiveinvestors NA· 2024-06-24 20:55
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Upgrade Boosts Anheuser-Busch Stock After Extended Drop
Schaeffers Investment Research· 2024-06-24 14:56
Over in the options pits, overall options volume is running at four times the amount typically seen at this point. The June 49 put is the most popular, followed by the weekly 7/5 55-strike put, with new positions being sold to open at both. This positive price action marks a rebound, as Anheuser-Busch stock has been falling on the charts since its May 17, two-year high of $67.49. The $67 level rejected the shares' peak in 2022 and 2023 as well. Fresh off five consecutive weekly losses, the equity is down 5. ...
Michelob Ultra Becomes the Official Partner of Concacaf's Top Club Competitions and Major League Soccer
Prnewswire· 2024-06-21 12:30
"Our partnership with Concacaf and MLS is another example of how we are connecting our Megabrands, like Michelob Ultra, to mega-platforms like Concacaf and MLS to help create more moments of cheers and celebration for fans," said Marcel Marcondes, Global Chief Marketing Officer of AB InBev. The partnership with MLS features an extensive series of activations for Michelob Ultra throughout each season, including on-site presence at the league's events such as MLS Cup presented by Audi and the MLS AllStar Game ...
Here's Why Anheuser-Busch Inbev (BUD) is a Strong Value Stock
ZACKS· 2024-06-20 14:45
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. Growth Score Momentum investor ...