Anheuser-Busch InBev SA/NV (BUD) , alias AB InBev, has been keen on making investments in its portfolio to drive overall growth. The company has been investing to develop a diverse portfolio of global, international, and crafts and specialty premium brands in its markets. In the latest announcement, the company unveiled a $14-million investment in its Houston brewery, a cornerstone of BUD’s U.S. operations.More on BUD’s Latest AnnouncementVia this latest investment, AB InBev looks to upgrade facilities to r ...

Leading Domestic Manufacturer and Brewer Continues Ongoing Investments in its Communities, Building on $2 Billion Spend Over Last 5 Years   HOUSTON, Nov. 20, 2024  /PRNewswire/ -- Anheuser-Busch (NYSE:BUD), a leading domestic manufacturer and brewer of Michelob ULTRA, Busch Light, Budweiser, and Bud Light, today announced a new $14 million investment in its Houston brewery. Over the last 5 years, Anheuser-Busch has invested nearly $2 billion in its facilities across the country to help create and sustain jo ...

Players in the Zacks Beverages – Alcohol industry are grappling with inflation and rising costs for commodities and logistics, leading to increased operational expenses from heightened advertising and marketing spend. These elevated costs are likely to persist and may squeeze the profit margins of alcohol producers.Despite these challenges, the industry is benefiting from the demand for premium, high-quality products and innovative spirits. Strong momentum in spirits and ready-to-drink (RTD) cocktails is dr ...

" Stockwaves is my bread and butter , and that's only catching maybe 10% of the charts they throw out! I had 7-10x+ trades with SW last year , and dozens more that were "slackers" (LOL) with "only" 3-4-5x returns. Amazing!" (Nicole)Stock Waves is a team run by Zac Mannes and Garrett Patten and includes contributing author Lyn Alden Schwartzer. Together they provide real-time Elliott Wave technical analysis on dozens of selected stocks each market session. They are the contributors for the investing group St ...

文章核心观点 - 安海斯-布什英博(Anheuser-Busch InBev)公司第三季度收入低于预期,但利润超出预期 [1] - 公司第三季度收入为150.5亿美元,同比增长2.1%,调整后每股收益为0.98美元,超出市场预期 [2] - 尽管利润超预期,但公司第三季度销量出现意外下滑,导致股价下跌约8% [1][2] 公司业务表现 - 各地区收入表现:北美收入增长1.5%,中美洲增长1.9%,南美洲增长5.6%,EMEA地区增长8.2%,亚太地区下降9.5% [2] - 整体销量下降2.4%,主要由于中国和阿根廷消费需求疲软 [2] - 公司EBITDA利润率提升110个基点至36.0% [2] - 调整后每股收益同比增长14% [2] 股票表现 - 公司股价今年下跌9%,表现弱于标普500指数20%的涨幅 [4] - 过去3年公司股票平均市盈率为20倍,我们预计其2024年每股收益为3.32美元,对应目标价68美元,较当前价格有15%的上涨空间 [3] - 但如果销量下滑持续,可能会导致公司估值倍数下降 [3] - 与标普500相比,公司股价波动性较低,但仍低于Trefis高质量投资组合的表现 [4]

Bud Light used to be the number one beer brand in the United States — but has since dropped down to third place. The decline happened due to a widespread boycott following conservative backlash against a marketing campaign that included transgender social media personality Dylan Mulvaney.The effects of the boycott were immediate and significant — in the month following the airing of the advertisement, sales plummeted by double digits, and estimates from earlier this year peg total losses at a staggering $1. ...

文章核心观点 - 公司在第三季度取得了良好的业绩表现,收入和利润均有所增长 [1][2] - 收入增长主要得益于公司多元化的业务布局和消费者对其主要品牌的需求 [1][3] - 公司持续推进数字化转型,B2B数字平台贡献了72%的收入 [6] - 公司正积极拓展非啤酒业务,非啤酒业务收入占比不断提升 [7] 财务数据总结 - 收入为150亿美元,略低于市场预期 [3] - 销量下降2.4%,但收入每公顷升4.6% [5] - 利润率提升,归母净利润增长14% [2][9] - 公司计划未来12个月内进行20亿美元的股票回购 [10] - 2024年公司预计EBITDA同比增长6-8% [10] - 预计资本支出将增加,主要用于创新和消费者导向的举措 [11]

公司营收与每股收益情况 - 公司在截至2024年9月的季度营收为150.5亿美元同比下降3.4% [1] - 同期每股收益为0.98美元去年为0.86美元 [1] - 营收较Zacks共识预期的156.5亿美元低3.84%每股收益较预期的0.9美元高8.89% [1] 公司各地区业务量与营收情况 - 中美洲业务量为37107千升低于四位分析师平均预期的38559.78千升营收为41亿美元低于四位分析师平均预期的44.6亿美元 [3] - 南美洲业务量为39502千升低于四位分析师平均预期的40328.32千升营收为29.3亿美元低于四位分析师平均预期的3.04亿美元 [3] - 欧洲中东非洲地区业务量为24039千升高于四位分析师平均预期的23985.25千升 [3] - 亚太地区业务量为24514千升低于四位分析师平均预期的25853.54千升营收为16.9亿美元低于四位分析师平均预期的18.2亿美元 [3] - 北美洲业务量为22764千升略低于四位分析师平均预期的22782.81千升营收为38.7亿美元略低于四位分析师平均预期的38.9亿美元 [3] - 全球出口与控股公司业务量为112千升低于三位分析师平均预期的136.07千升营收为1.02亿美元低于三位分析师平均预期的127.34百万美元 [3] - 公司全球总业务量为148039千升低于四位分析师平均预期的151636.8千升 [3] 公司股票表现 - 公司股票过去一个月回报率为 -10.4%而Zacks标准普尔500指数为 -1% [4] - 公司股票目前Zacks评级为3级（持有）表明近期可能与大盘表现一致 [4]

财务数据和关键指标变化 - 公司第三季度总收入同比增长2.1%，EBITDA增长7.1%，EBITDA利润率提升169个基点 [8][11][28] - 公司将2024年EBITDA预期上调至6%至8% [9] - 每股收益（EPS）为0.98美元，同比增长14% [29] 各条业务线数据和关键指标变化 - 北美市场，EBITDA增长13.7%，利润率提升约375个基点，主要得益于Michelob ULTRA和Busch Light的销量增长 [14] - 中美洲市场，墨西哥销量小幅下降，EBITDA中位数增长，利润率有所提升 [15] - 南美市场，巴西实现中位数收入增长和双位数EBITDA增长，销量增长1.3% [17] - 欧洲市场，EBITDA小幅增长，销量下降，Corona品牌实现双位数销量增长 [18] - 南非市场，EBITDA和收入均实现双位数增长，销量小幅增长 [19] - 亚太市场，中国市场受消费环境疲软影响，收入下降16.1% [20] 各个市场数据和关键指标变化 - 在美国，啤酒行业表现出韧性，销量和收入均有所改善 [13] - 中国市场，消费者在外出就餐方面的消费减少，整体市场环境仍然疲软 [20][44] - 中美洲和南美洲市场表现良好，整体需求强劲 [54] 公司战略和发展方向和行业竞争 - 公司战略包括领导和增长品类、数字化和货币化生态系统、优化业务 [21][25][27] - 公司在非酒精啤酒领域看到增长机会，Corona Cero品牌销量和收入均实现翻倍增长 [24] - 公司在数字化平台上实现了121亿美元的总商品价值，月活跃用户达到390万 [25] 管理层对经营环境和未来前景的评论 - 管理层对未来增长机会持乐观态度，尤其是在高端品牌的需求上 [20][21] - 管理层认为中国市场的长期基本面依然良好，尽管短期内面临挑战 [44][49] 其他重要信息 - 公司宣布将在未来12个月内进行20亿美元的股票回购计划 [9][30] - 公司在可持续发展方面取得进展，温室气体排放量较2017年基准减少46% [27] 问答环节所有提问和回答 问题: 关于美国市场的进展 - 管理层表示美国市场的行业韧性在增强，品牌如Michelob ULTRA和Busch Light在销量增长方面表现突出 [36][39] 问题: 关于中国市场的情况 - 管理层指出中国市场的消费环境疲软，消费者在外出就餐方面的消费减少，但品牌的长期基本面依然良好 [44][49] 问题: 关于中美洲市场的宏观环境 - 管理层认为中美洲市场的基本面良好，尽管短期内受到天气和政府支出的影响 [54] 问题: 关于资本配置和股票回购 - 管理层强调资本配置的灵活性，20亿美元的股票回购计划反映了公司对未来现金流的信心 [30][66] 问题: 关于欧洲市场的消费者行为 - 管理层认为欧洲市场的消费者行为受到天气影响，但整体市场表现良好，品牌在高端市场的需求依然强劲 [68][70]

Key TakeawaysAB InBev missed third-quarter revenue expectations as the brewer posted a surprise drop in beer volumes.U.S. sales were positive for the first time since before the controversy over the company's relationship with transgender influencer Dylan Mulvaney led to a Bud Light boycott.AB InBev announced a $2 billion share repurchase. American depositary receipts (ADRs) of AB InBev (BUD) slumped 5% Thursday morning as the world's biggest beermaker missed sales estimates on a surprise drop in beer volum ...