However, volume declines in key markets such as China and Argentina weighed on overall sales. AB InBev remains optimistic ...
AB InBev blamed weak performances in China and Argentina for holding back volumes. The brewer said its Chinese business underperformed in a soft beer market as budget-conscious consumers in the ...
Despite a slowdown in the Chinese beer market and weak demand in Argentina, the company saw strong growth in key markets. AB InBev's cost management drove profit margins up, contributing to ...
AB InBev stock rose close to 9% in Brussels on ... company attributed lower sales volumes to weak demand in China and Argentina, which CEO Michel Doukeris told CNBC was "very abnormal." ...
Next up, AB InBev shares jumping on better-than-expected ... You had mid-to-high teen negative volume growth in both Argentina, as well as China. And China specifically, the CFO alluded that ...
Michel Doukeris, CEO, AB InBev The 2024 Full Year Financial Report ... constrained by the soft consumer environments in China and Argentina, the global beer category remains vibrant with our ...
AB InBev reported an underlying EPS (normalized ... Growth was partially offset by a soft consumer backdrop in China and Argentina, leading to an overall volume dip of 1.9%. Shares of this Zacks ...
LONDON, Feb 26 (Reuters) - Anheuser-Busch InBev (ABI.BR), opens new tab on Wednesday reported forecast-beating fourth-quarter profits and progress in cutting debts that have hung over the company ...
Budweiser brewer Anheuser-Busch InBev (BUD) denied on Thursday a report suggesting it was planning to make thousands of job cuts at its ...
AB InBev's stock jumped nearly 8% in afternoon ... Overall volume fell 1.9%, dragged lower by a 1.4% decline in China and Argentina. Tennenbaum said the industry is experiencing softness in ...