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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.
Anheuser-Busch InBev stock (NYSE: BUD) has barely seen a 10% rise in value since early January 2023 – rising from levels of $58 then to $63 now – vs. an increase of 50% for the S&P 500 over this period.
Sales of low-alcohol beer in the UK surged in 2023, showing the highest growth globally, largely due to post-Brexit reforms in alcohol duties. Brewers capitalised on new tax rates, launching or reformulating products under 3.5% ABV to benefit from reduced charges.
Anheuser-Busch's stock has shown a strong basing pattern, suggesting a potential breakout, with a price target of $80 by year-end. Investor sentiment is extremely bearish, often a precursor to price increases, indicating a potential intermediate-term price rise for BUD. Decreasing volatility, as shown by Bollinger bands, supports a gradual and sustainable price increase for Anheuser-Busch.
BUD's focus on brand investments, premiumization, digital transformation, Beyond Beer expansion and revenue-management initiatives bolsters its performance.
The Zacks Beverages - Alcohol industry is navigating a tough landscape marked by inflation and rising costs for commodities and logistics. Key players like BUD, STZ, TAP and NAPA are positioned to leverage investments in innovation, premiumization and advanced technology platforms.
LOS ANGELES , Sept. 4, 2024 /PRNewswire/ -- Los Angeles-based Blaze Mota is releasing a hemp-derived THC version of its Mota'lada, a non-alcoholic ready-to-drink michelada, next month.
Anheuser-Busch InBev BUD continues to recover from a boycott in 2023 when it infuriated conservative consumers by partnering with trans activist and influencer Dylan Mulvaney on a marketing campaign.