Anheuser-Busch InBev Remains a Buy Despite Declining Global Alcohol Consumption
Despite declining global alcohol consumption, Anheuser-Busch InBev (BUD) reported strong first-quarter earnings with revenue up 5.8% year-over-year and underlying EPS growth exceeding 20%. The company is capitalizing on the shift toward premium products and non-alcoholic beer categories.
Tickers: $BUD
Topics: alcohol consumption trends premiumization strategy Q1 earnings