Anheuser-Busch InBev Notches Sales Growth in Q3
Anheuser-Busch InBev (NYSE: BUD) is back in growth mode. The global beer conglomerate, which owns hundreds of brands including Bud Light and Stella Artois, on Thursday revealed improving sales and volume trends as it recovers from the huge COVID-19 hit that the business took in the spring and summer months.
Sales rose 4% and global volume rose 1.9% to mark the first increase on those metrics since volumes collapsed 10% in the fiscal first quarter of 2020. Standout brands included Stella Artois, Corona, and Budweiser.
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Source Fool.com
