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Anheuser-Busch InBev SA/NV (AB InBev) is a leading multinational drink and brewing company headquartered in Leuven, Belgium. Known by its stock symbol BUD, AB InBev stands as the largest brewer globally, with functional management offices in New York City and regional headquarters spread across São Paulo, London, St. Louis, Mexico City, Bremen, Johannesburg, among others. The company was established through the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch and has since expanded its influence by acquiring SABMiller in 2016.
AB InBev boasts an impressive portfolio featuring six of the top 10 beer brands by volume, according to Euromonitor. With a stronghold in the beverage industry, the firm holds a 62% economic interest in Ambev and continues to expand its product range and market reach. The company distributes 23 brands with retail sales exceeding $1 billion each, making it one of the top five consumer product companies globally, as measured by EBITDA.
The company’s product line includes iconic beers such as Budweiser, Corona, and Stella Artois, as well as local champions like Aguila, Brahma, and Cass. AB InBev’s focus on innovation and quality has also led to recent ventures in diverse product categories, including non-alcoholic beverages and the burgeoning cannabis beverage market.
AB InBev's commitment to growth and sustainability can be seen in its recent collaborations and projects. For instance, its strategic investment in Blaze Life Holdings (BLH) has allowed AB InBev to enter the cannabis beverage segment, with DeltaBev being a notable player under BLH. DeltaBev recently secured production and distribution agreements with multiple brands, such as Mary Jones Soda and CANN, further solidifying AB InBev's footprint in this niche market.
Financially, AB InBev has shown robust performance, driven by its diverse portfolio and strategic acquisitions. The company continues to prioritize sustainability and innovation, with a focus on reducing its environmental impact and enhancing its supply chain efficiency. By leveraging its global presence and extensive experience in beverage production, AB InBev is well-positioned to continue its growth trajectory in the years to come.
With a keen eye on market trends and consumer preferences, AB InBev remains a formidable force in the global beverage industry, constantly adapting and evolving to meet the changing demands of its consumers.
Altria Group, Inc. (NYSE:MO) announced the retirement of Director Dinyar S. Devitre from its Board of Directors after nearly 50 years of service. Mr. Devitre will not seek re-election during the upcoming 2022 Annual Meeting, scheduled for May 19, 2022. His contributions included serving as the Senior Vice President and CFO, and he currently chairs the Finance Committee. Altria aims to transition adult smokers to smoke-free alternatives, supported by its diverse portfolio of tobacco and smoke-free products, including significant investments in Anheuser-Busch InBev (NYSE:BUD).
Altria Group reported its Q4 2021 and full-year results, highlighting strong financial performance with a net revenue of $26 billion, down 0.5% year-over-year. The company returned over $8.1 billion to shareholders via dividends and share repurchases, marking its largest annual return since 2002. For 2022, Altria expects adjusted diluted EPS between $4.79 and $4.93, indicating a growth rate of 4% to 7%. Notably, challenges remain with the IQOS device following ITC orders and pending PMTA applications for JUUL and on! products.
The Kraft Heinz Company (KHC) has appointed Dafne Hefner as the Chief Strategy & Transformation Officer for the North America Zone, effective January 18, 2022. Hefner, previously with Anheuser-Busch InBev, will accelerate Kraft Heinz's growth strategy focusing on digital initiatives and Agile team deployment. The company has been transforming its operations since 2020, emphasizing a consumer-first approach and restructuring its U.S. and Canada businesses into a North America Zone for improved operational efficiency. This transition marks a significant strategic step for the company.
MSG Sports and Anheuser-Busch have renewed their multi-year marketing sponsorship, enhancing brand visibility across MSG assets, including the New York Knicks and New York Rangers. The deal features the launch of the “Michelob ULTRA Courtside” experience, allowing fans to win exclusive game tickets. Furthermore, Anheuser-Busch will be the Presenting Partner of the historic Blue Seats Section at Madison Square Garden and will collaborate with esports properties, enhancing engagement with fans through Twitch livestreams. In-game LED messaging and other marketing integrations are included.
Altria Group, Inc. (NYSE:MO) has received a double ‘A’ rating from CDP for the second consecutive year, recognizing its efforts in combating climate change and ensuring water security. This rating reflects Altria's commitment to reducing its environmental impact with ambitious targets, including a 55% reduction in Scope 1 & 2 emissions by 2030, achieving 100% renewable electricity, and maintaining water neutrality. The company also published its first standalone TCFD report, becoming the first U.S. tobacco company to support the TCFD.
Altria Group, Inc. (NYSE:MO) has released its inaugural Task Force on Climate-related Financial Disclosures (TCFD) report, becoming the first U.S. tobacco company to join TCFD's 2,700 supporters. The report aims to provide insights on climate-related risks and opportunities, aligning with Altria's commitment to transparency. Sal Mancuso, CFO, emphasizes a science-based approach for both the tobacco industry and climate action. Altria continues to focus on reducing its environmental impact across its operations and value chain.
Altria Group, Inc. (NYSE: MO) reported its Q3 2021 results, with net revenues declining 4.7% to $6,786 million and adjusted diluted EPS at $1.22, marking a 2.5% increase. The company expanded its share repurchase program to $3.5 billion and narrowed its full-year adjusted diluted EPS guidance to $4.58-$4.62, up 5-6% from 2020. Despite challenges from difficult year-over-year comparisons, retail share growth from its smokeless products is encouraging. Altria also faced a significant pre-tax impairment charge of $6.2 billion related to its ABI investment, impacted by COVID-19 and ongoing market conditions.
Altria Group, Inc. (NYSE: MO) has appointed Marjorie M. Connelly and R. Matt Davis to its Board of Directors as of October 27, 2021. Connelly, with a robust background in operations and strategy from her tenure at Convergys, will serve on multiple committees, enhancing the board's oversight. Davis, formerly of Dow Inc., brings significant corporate affairs experience. The board also announces the retirement of John T. Casteen III, effective after his term, acknowledging his decade-long contributions. Altria aims to lead the transition to a smoke-free future, focusing on reduced-risk products for adult consumers.
On April 30, 2021, together with Together for Safer Roads (TSR), Anheuser-Busch InBev (BUD) announced the Focus on Fleet Safety program. This initiative targets improving road safety in small- to mid-size fleets, which represent 88% of commercial vehicles. The program provides guidelines and tools to enhance fleet safety practices, aiming to reduce the annual 1.35 million road fatalities. Support comes from major companies like PepsiCo and UPS, making this initiative accessible for smaller businesses.
Anheuser-Busch InBev has partnered with The Coca-Cola Company, Colgate-Palmolive, and Unilever to enhance the 100+ Accelerator, a program aimed at driving sustainable supply chain innovations. Launched in 2018, the initiative has accelerated 36 startups globally, raising over $200 million. The collaboration aims to address sustainability challenges by providing startups with funding and practical support. Key innovations from the program include eco-friendly brewing solutions, agricultural traceability, and waste collection initiatives. Applications for the next cohort open from April 22 to May 31.