BUD Stock Recent News
BUD LATEST HEADLINES
Anheuser-Busch InBev NYSE: BUD is down about 4.25% a few days after it reported its fourth quarter and full-year 2023 earnings report on February 29, 2024. The downward move may be nothing more than a company delivering a so-so report at a time when investors were in a selling mood.
What's Next For Anheuser-Busch InBev (BUD) Stock After A 7% Fall This Year Despite Q4 Earnings Beat?
Anheuser-Busch InBev stock (NYSE: BUD) recently reported its Q4 results, with revenues falling short but earnings beating the street estimates. The company reported revenue of $14.5 billion and an adjusted profit of $0.82 per share compared to the consensus estimates of $15.3 billion and $0.76, respectively.
The Teamsters union said on Tuesday its members approved a five-year agreement with Anheuser-Busch Inbev , ratifying a deal that includes pay hikes and improved healthcare for workers at the brewer's U.S. facilities.
The stock market keeps hitting new record highs almost every week. With sectors like semiconductors and AI taking off, the sky is the limit.
While the market continues to climb a wall of worries, it's not a bad idea to consider diversifying into consumer staples stocks to buy. No, the idea here isn't necessarily to get rich off the ideas (though that would be nice).
Bud Light-parent Anheuser-Busch InBev may have lost more than $1 billion in sales because of its ill-fated advertisement featuring transgender influencer Dylan Mulvaney. In North America, organic revenue — seen as the best measure of operating performance — nosedived a staggering $1.
Experts weigh whether backlash against Google over its "woke" artificial intelligence tool, Gemini, can be likened to the revolt against Anheuser-Busch's Bud Light brand.
Anheuser-Busch InBev continues to suffer from the boycott against its Bud Light brand nearly a year after its controversial partnership with transgender influencer Dylan Mulvaney.
Anheuser-Busch Inbev SA (BUD) Q4 2023 Earnings Call Transcript
Bud Light brewer Anheuser-Busch InBev (NYSE:BUD) managed to grow profits last year despite grappling with the effects of a boycott on its staple brand in the US. Reporting on Thursday, the world's largest brewer reported a 7% rise in core profit to US$20 billion for the year, on the back of a 7.8% jump in revenue to US$59.38 billion.