AB InBev Reports 22% Underlying EPS Growth Amidst Regional Volatility
Anheuser-Busch InBev (BUD) reported third-quarter underlying earnings per share of $1.21, a 22.4% increase, driven largely by lower financing costs and favorable currency translation rather than pure organic volume growth. While total revenue rose 4.9% organically to $16.5 billion, beer volumes actually slipped by 0.1%, with growth being supported by pricing strategies and a shift toward premium brands like Corona and Michelob Ultra. The company faced significant regional headwinds, particularly in China where revenue and volumes fell 16.8%. The U.S. market also struggled with declining revenue and EBITDA despite reported market-share gains. Conversely, Middle Americas emerged as a strong performer with organic revenue up 12.1%. Despite margin compression from rising commodity and marketing costs, the board increased the interim dividend to 0.40 euros per share.
Tickers: $BUD
Topics: earnings report EBITDA margin operating performance premium beer sales revenue growth
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Part of the story Anheuser-Busch InBev Reports 22% EPS Growth and Dividend Increase in Q3 2026 (6 articles)