Anheuser-Busch InBev: North American Headwinds Bottoming - Long-Term Recovery Ahead

DNY59 We previously covered Anheuser-Busch InBev SA/NV (BUD) in November 2023, discussing its (still) impacted sales volume in the North American region, with losses intensifying as the management had to provide financial assistance to its wholesalers. Then again, we had maintained our Buy rating, with the management's successful marketing efforts in other regions contributing to its excellent FY2023 guidance and the promising consensus forward estimates through FY2025. In this article, we shall discuss ...