randylahey wrote: ↑Thu Nov 30, 2023 5:30 pm
This one sure didn't pan out for you. Anheuser-busch's revenue is still wah down and AB's chief marketing officer has stepped down claiming "those consumers are never coming back" in reference to all the customers who left over the Dylan Mulvaney partnership
https://whiskeyraiders.com/article/bud- ... -mulvaney/
"...pan out for" me? Me?
I don't now nor have I ever been an owner of InBev stock. But, based on the due diligence your post motivated me to do, I'm now considering it. One of the basic tenets of value investing, i.e., "buying low and selling high", is to purchase stocks
"when there's blood in the streets". And there's no question the hissy fit US bigots have thrown has resulted in a quality stock that was, but apparently won't continue to be, on sale. I've also never been an InBev brand beer drinker, because I prefer beers that taste good.
Your linked article only refers to US sales. InBev, stock symbol
BUD, is not a US co. whose business is dependent on domestic US beer sales, it's the largest brewing co. in the world. That means that even when delicate, snowflake, right-wing US bigots like yourself start clutching their pearls because they feel threatened by men wearing women's clothes, it doesn't mean that much in the grand scheme of things to
BUD.
In fact, despite US sale declines, shares of Anheuser-Busch InBev
BUD have shot up 18% over the last six weeks off strong global results.
Just look how well
BUD has increased revenues and earnings per share in both the 2nd and 3rd fiscal quarters of '23:
From Seeking Alpha, Nov 19, 2023 (I'd include a link, but that would give you access to my account, and I don't like you like that.)
...BUD has reported an excellent FQ3'23 earnings call, with revenues of $15.57B (+2.9% QoQ/ +3.1% YoY) and adj EPS of $0.86 (+19.4% QoQ/ +6.1% YoY).
This further builds upon the great results reported in FQ2'23, with revenues of $15.12B (+6.4% QoQ/ +2.2% YoY) and adj EPS of $0.69 (+11.2% QoQ/ -13.8% YoY), implying that the management's strategic pricing actions have more than balanced the moderate decline in its sold volumes.
BUD already reports a notable improvement on a QoQ basis in AB InBev own beer volumes sold to 132.32M hls (+2.7% QoQ/ -3.9% YoY) and non-beer volumes to 18.58M hls (+5.3% QoQ/ +1.3% YoY) globally...
But, you be you and declare yourself a winner, just like your cult leader Trump has even when he lost.