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Modelo Especial has officially been dethroned by this top-selling beer
New York Post· 2025-09-22 20:31
Michelob Ultra has officially taken the crown as the nation’s best-selling beer – dethroning Modelo Especial.It claimed the top spot as the best-selling beer during the 52 weeks ended Sept. 14, its parent company, Anheuser-Busch InBev, said on Monday, citing data from Circana.The light, lager-style beer also reigned supreme as the top seller in bars and restaurants over the past year, according to Nielsen IQ data.Michelob Ultra has officially taken the crown as the nation’s best-selling beer. Cerib – stock. ...
Michelob Ultra overtakes Modelo Especial as best-selling beer in the U.S.
CNBC· 2025-09-22 16:54
Michelob Ultra has overtaken Constellation Brands' Modelo Especial as the best-selling beer in the United States.Michelob Ultra claimed the top spot as the best-selling beer in retail channels in the 52 weeks ended Sept. 14, parent company Anheuser-Busch announced Monday, citing data from Circana. The light lager is also the top seller in bars and restaurants, according to Nielsen IQ data for the 52 weeks ended July 12.For brewer AB InBev, Michelob Ultra's triumph reverses the company's struggles from two y ...
Cracker Barrel shares plummet after pushback on new logo, brand refresh
CNBC· 2025-08-21 18:02
Core Viewpoint - Cracker Barrel is undergoing a strategic transformation to revitalize its brand, which includes a new logo and updates to its visual elements, restaurant spaces, and offerings [1][2]. Brand Refresh - The new logo eliminates the image of a man leaning against a barrel and removes the phrase "old country store," leaving only the words "Cracker Barrel" on a yellow background [2]. - The brand refresh aims to maintain the company's "rich history of country hospitality" and "authentic charm" that has made it a beloved destination for families [3]. Market Reaction - Following the unveiling of the new logo, shares of Cracker Barrel Old Country Store dropped approximately 10% [2]. - The company has a market capitalization of about $1.2 billion, which is relatively small compared to other restaurant chains [5]. Social Media Backlash - The logo change has faced criticism on social media, particularly from conservative circles, with claims that it is an attempt to erase traditional American branding in favor of diversity and inclusion [4]. - Conservative activist Robby Starbuck commented on the backlash, suggesting that the company would learn that "wokeness really doesn't pay" [5].
Anheuser-Busch Continues to Deliver on Recent $300 Million Commitment to American Manufacturing Jobs
Prnewswire· 2025-08-19 11:00
Core Insights - Anheuser-Busch has announced a $300 million commitment to create and sustain U.S. manufacturing jobs, with a significant investment of $15 million in its St. Louis Brewery [1][4] - The company aims to drive innovation and build a stronger future for American workers, veterans, and the manufacturing industry through this investment [2][4] - The recent passage of the American Beer Act in Missouri is expected to facilitate long-term economic growth and support for local jobs [2][4] Investment and Development - The investment in St. Louis includes funding for supply chain infrastructure to enhance the transportation of American-grown ingredients and iconic beers [4] - Anheuser-Busch's Technical Excellence Center in St. Louis has trained over 2,000 employees and will now open its doors to local trade schools, marking a significant collaboration with the National Association of Manufacturers' Manufacturing Institute [2][4] - Recent investments across various breweries include enhancements in production capacity and equipment updates, such as in Baldwinsville, NY, and improvements in transportation capabilities in Houston, TX [3][8] Workforce and Community Engagement - The company is expanding its digital credentialing system to help veterans translate their military experience into manufacturing skills, promoting career opportunities for veterans [4] - Anheuser-Busch has a long-standing commitment to supporting American farmers, military, veterans, and first responders, contributing to community welfare through initiatives like emergency drinking water donations [6][7]
Anheuser-Busch Invests $9M in its Baldwinsville, NY Brewery to Drive Local Economic Growth
Prnewswire· 2025-08-05 10:00
LEADING AMERICAN MANUFACTURER CONTINUES ONGOING INVESTMENTS ACROSS AMERICA, PART OF $300+ MILLION INVESTED IN U.S. FACILITIES IN 2025 BALDWINSVILLE, N.Y., Aug. 5, 2025 /PRNewswire/ -- Anheuser-Busch (NYSE: BUD), a leading American manufacturer and maker of Michelob ULTRA, Busch Light, Budweiser, Bud Light, and Stella Artois, today announced a new $9 million investment in its Baldwinsville, NY brewery. Over the last five years, Anheuser- Busch has invested more than $2 billion in its manufacturing facilities ...
Bud Light stock just collapsed
Finbold· 2025-07-31 09:54
Core Viewpoint - Anheuser-Busch InBev reported mixed second-quarter results with a revenue growth of 3.0% to $15.004 billion and normalized EBITDA gains of 6.5%, but missed expectations on beer volumes, leading to a 9.1% decline in stock price in pre-market trading, the worst session since the COVID-19 pandemic [1][4]. Financial Performance - Revenue increased by 3.0% to $15.004 billion and normalized EBITDA rose by 6.5% with margin expansion of 116 basis points to 35.3% [1][6]. - Despite the volume challenges, the company demonstrated pricing power by growing revenues while selling less beer [6]. Volume Performance - Beer volumes declined by 1.9% year-over-year, significantly worse than the 0.3% decline forecasted by analysts [5]. - The decline in volumes was primarily driven by significant drops in China (7.4%) and Brazil (6.5%), with the company acknowledging underperformance in China and attributing Brazil's decline to tough comparisons and adverse weather conditions [6]. Market Outlook - The average target price for BUD stock is $82.67 for the next 12 months, with optimistic predictions reaching as high as $91.00 and bearish outlooks at $72.00 [7]. - All six analysts covering the stock maintain Strong Buy ratings, with no Hold or Sell recommendations [9].
ANHEUSER-BUSCH ANNOUNCES NEW $300 MILLION INVESTMENT IN MANUFACTURING OPERATIONS ACROSS THE U.S.
Prnewswire· 2025-05-12 11:00
Core Viewpoint - Anheuser-Busch announces a $300 million investment in U.S. manufacturing facilities, reinforcing its commitment to job creation and economic prosperity [1][5][12] Group 1: Investment and Economic Impact - The company has invested nearly $2 billion over the past five years and plans to invest an additional $300 million in 2025 [6][7] - This investment aims to create and sustain manufacturing jobs, enhance operations, and meet evolving consumer demand [7][12] Group 2: Workforce Development - Anheuser-Busch is expanding its Technical Excellence Center model, which has benefited over 1,200 employees since 2022, with a new facility in Columbus, OH [8][9] - The company is partnering with local trade schools to provide access to technical training for students and educators, thereby developing a talent pipeline for manufacturing careers [9][10] Group 3: Support for Veterans - Anheuser-Busch is leading the industry by adopting a new digital credentialing system to help veterans transition into manufacturing careers [10][11] - More than 10% of the company's workforce consists of veterans, with a nearly 100% retention rate [11]
Anheuser-Busch Produces 100 Millionth Can of Emergency Drinking Water for Communities in Need
Prnewswire· 2025-04-30 13:00
Core Insights - Anheuser-Busch has produced its 100 millionth can of emergency drinking water, highlighting its commitment to disaster relief efforts since 1988 [1][4] - The company is investing over $6 million to enhance capabilities at its Fort Collins brewery, which will improve the production of both beer and emergency drinking water [3][4] Investment and Production - The $6 million investment aims to strengthen Anheuser-Busch's brewing and packaging capabilities, further supporting its disaster relief initiatives [3] - Anheuser-Busch's breweries in Fort Collins, Colorado, and Cartersville, Georgia, are dedicated to producing emergency drinking water year-round to ensure availability during disasters [4] Partnerships and Community Impact - Anheuser-Busch collaborates with the American Red Cross and the National Volunteer Fire Council (NVFC) to deliver emergency drinking water to communities in need [5][6] - The company plans to deliver 1.5 million cans of emergency drinking water to over 630 volunteer fire departments across 45 states as part of its annual campaign [5] Historical Context - Anheuser-Busch has paused beer production at all 12 of its U.S. breweries at various times to produce emergency drinking water, demonstrating its long-standing commitment to community support [4] - More than 10% of the 100 million cans produced have been distributed to fire departments, providing essential resources and cost savings for these organizations [6]