Beer giant AB InBev beats profit estimates, with Bud Light boycott set to ease one year on

AB InBev Budweiser and Bud Light brand beer cans at a store in the Queens borough of New York on Feb. 28, 2024.Shares of Belgium's AB InBev rose 5% Wednesday morning after the company posted higher revenue and profit in the first quarter, as analysts said it had escaped the drag from a year-long boycott of its Bud Light brand relatively unscathed.The world's biggest brewer, whose brands include Corona and Stella Artois, notched a 2.6% revenue increase year-on-year to $14.55 billion in the first quarter, nar ...