Budviizer Beer at a IGA grocery store in Montreal, Cubek, Canada, on Tuesday, February 4, 2025.
Bloomberg | Getty images
World’s largest alcohol AB inbave The fourth quarter performed better than expected the fourth quarter despite the annual decline in the volume on Wednesday.
Drink maker, whose brands include Budvizer, Corona and Stella Artois, predicted an increase of 3.4% in the fourth quarter revenue by $ 14.84 billion, a decline of $ 14.05 billion by LSEG analysts by LSEG analysts.
The entire year sales increased by 2.7% to $ 59.77 billion compared to a performance of $ 59.3 billion expected by analysts.
The total amount of quantity declined by 1.9% in the quarter and 1.4% in full year’s stretch, which the company was largely attributed to weak demand in China and Argentina. Except for those two countries, the volume increased by 0.9%.
This is a braking news story and will be updated soon.
