Anheuser-Busch InBev

Open: 55.22 Close: 55.75 Change: 0.53

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Stock Summary

Anheuser-Busch InBev SA/NV produces, distributes, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Ar.

Today's Summary

Billy Busch, heir to the Anheuser-Busch dynasty, says InBev should sell Bud Light back to his family. Busch slammed InBeva for hiring woke marketing students.

Today's News

Billy Busch, heir to the Anheuser-Busch dynasty, says InBev should sell the ailing brand back to his family. InBeva reportedly believes sales of the beer will never come back. Anheuser-Busch InBev SA/NVs recent earnings report released on August 2nd demonstrates strong performance that exceeded analyst expectations. US Bancorp DE revealed a notable increase of 2.0%. Billy Busch, the heir to the Anheuser-Busch dynasty, said Bud Light must do something “drastic” to turn its brand around. Busch slammed InBev for hiring woke marketing students. Bud Light drinkers who say they are unlikely to buy the brand in the next three to six months fell from 18% to just 3% in July. Billy Busch, whose family sold Anheuser-Busch to InBev 15 years ago, expressed his desire to buy back company. Anheuser-Busch heir Billy Busch said he would consider buying back Bud Light owner Anheusers-Budch if AB InBev was looking to sell it. Senate Commerce Committee Ranking Member Ted Cruz (R-Texas) this week sent a letter to Anheuses-Bev SA/NV CEO Michel Doukeris.

Stock Profile

"Anheuser-Busch InBev SA/NV produces, distributes, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands. The company was founded in 1366 and is headquartered in Leuven, Belgium."

Keywords

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