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What does close Anheuser-Busch InBev SA/NV do?

CLOSE Anheuser-Busch InBev SA/NV manufactures alcoholic beverages. The Company produces and distributes beers. Anheuser-Busch InBev serves customers worldwide. Stock analysis for Anheuser-Busch InBev SA/NV (BUD:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

Will a Bud Light boycott affect Anheuser-Busch InBev?

Anheuser-Busch InBev reported stronger-than-forecast first-quarter profits in what was the final period where the consumer boycott of Bud Light will impact growth. Anheuser-Busch Inbev shares rose more than 5% on Wednesday, in response to a strong first-quarter performance and anticipated relief from the impact of an ongoing U.S. Bud Light boycott.

How did Anheuser-Busch InBev perform in first-quarter 2024?

Wide-moat Anheuser-Busch InBev reported better-than-expected results for first-quarter 2024 with EBITDA of $4.9 billion, up 5.4% and considerably above company-compiled consensus estimates. The company also delivered a 90-basis-point margin expansion. Investors reacted positively, with shares up 5%.

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