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Anheuser-Busch InBev (NYSE:BUD) said sales of beer brand Michelob Ultra helped the world's largest brewer offset a slump in demand for Bud Light in the US following marketing backlash. The company has increased marketing efforts for Michelob Ultra, which is sponsoring Team USA at the Olympic Games in Paris.
Anheuser-Busch InBev SA/NV (BUD) Q2 2024 Earnings Conference Call August 1, 2024 7:00 AM ET Company Participants Michel Doukeris - CEO Fernando Tennenbaum - CFO Conference Call Participants Edward Mundy - Jefferies Rob Ottenstein - Evercore ISI Sanjeet Aujla - UBS Olivier Nicolai - Goldman Sachs Andrea Pistacchi - Bank of America Chris Pitcher - Redburn Laurence Whyatt - Barclays Mitch Collett ...
BRUSSELS--(BUSINESS WIRE)--Anheuser-Busch InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD): Regulated information1 “Our global momentum continued this quarter. The strength of our diversified footprint and consumer demand for our megabrands delivered another quarter of broad-based top- and bottom-line growth. EBITDA grew by double-digits and the continued optimization of our business drove a ...
Anheuser-Busch InBev's former No. 1 beer Bud Light has continued losing market share to Modelo from Constellation Brands Inc. and Coors Light from Molson Coors Beverage Co., but has made up some ground with Michelob Extra and Busch Light, the Wall Street Journal reported Friday.
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