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Anheuser-Busch increases investment in Super Bowl LIX and returns with the iconic brands, the star power and the memorable stories that fans crave ST. LOUIS , Jan. 16, 2025 /PRNewswire/ -- For decades, Anheuser-Busch (NYSE:BUD) brands have been in hand, on screen and raised in celebration of the most iconic moments in sports and entertainment.
ST. LOUIS--(BUSINESS WIRE)--Anheuser-Busch and 1st Phorm, a premier sports nutrition and supplements company, today announced plans to form a new partnership aimed at fueling new innovations within the rapidly growing energy drinks and related beverage segments. Brendan Whitworth, CEO of Anheuser-Busch, stated, "Building on our commitment to consistently deliver quality and innovation, Anheuser-Busch is excited to partner with 1st Phorm, a company and brand that shares our vision and passion fo.
BUD continues to face a lack of bullish support, thanks to the numerous headwinds across FX devaluation, declining alcohol volumes sold on YoY basis, and potential cancer label. The industry's secular decline may also be attributed to the growing acceptance/availability of cannabis and higher demand for zero-proof/healthier alcohol. Even so, BUD has been reporting sequentially growing volumes sold since FQ1'24, with the expanding adj EBITDA also underscoring its ongoing reversal.
AB InBev partners to brew beer for Pabst in its breweries. This marks a significant step for AB InBev to integrate a former competitor into its supply chain.
Americans consumed over 62 million cases of ready-to-drink spirits in 2023, an increase of almost 25% from 2022.
BUD stock and industry peers are falling after the Surgeon General warned that alcohol consumption is linked to seven types of cancer. The post Anheuser-Busch, Booze Stocks Hit By Surgeon General Warning On Alcohol Link To Cancer appeared first on Investor's Business Daily.
BUD stock continues its downtrend due to ongoing cost headwinds. However, its focus on premiumization and the Beyond Beer portfolio offers growth potential.
AB InBev continues to benefit from its strong brand portfolio, premiumization efforts, digital transformation and the Beyond Beer approach.
Shares of some of the nation's biggest brewers have slipped so far this year — and the months ahead don't look a whole lot better amid shakier demand in the U.S. and abroad, TD Cowen analysts said Tuesday.
AB InBev continues to be a strong company with great underlying economics and earnings power. Q2 results were fundamentally solid, with a 500bp margin boost and a $1.4 billion FCF increase thanks to improved revenue per HL. The brewer's premiumization strategy has driven said revenue per HL gains and operating margin improvements despite declining volumes.