Shares of world's largest brewer AB InBev tumble 9% on declining volumes

Core Viewpoint - AB InBev's shares fell significantly due to a larger-than-expected decline in second-quarter volumes, despite an increase in revenues and profits [1] Group 1: Volume Performance - The company reported a year-on-year volume decline of 1.9% in the second quarter, which was worse than the 0.3% dip anticipated by analysts [1] - The decline in volumes was primarily driven by a 7.4% drop in China, where the company acknowledged it was "underperforming the industry" [2] - Brazil also contributed to the volume decline, with a 6.5% decrease attributed to high comparisons and adverse weather conditions [2] Group 2: Financial Performance - Despite the volume decline, AB InBev experienced a surge in revenues and profits during the same period [1]