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Anheuser Busch Inbev NV is a Belgium-based company engaged in the brewering industry. The company is the largest beer producer in the world with the portfolio consisting of global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe, and local champions, such as Bud Light, Skol, Antarctica and others. The company’s soft drinks business consists of both own production and agreements with PepsiCo. related to bottling and distribution arrangements between its various subsidiaries and PepsiCo. Ambev, a subsidiary of the company, is a PepsiCo. bottler. Brands distributed under these agreements include Pepsi, 7UP and Gatorade. The company employs over 30,000 people and operates 12 breweries in the United States. Get updated on the Anheuser Busch (BUD) share price at Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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