Trending: AB InBev Revenue Growth Meets Expectations as Volumes Slowdown Eases
0814 GMT - Anheuser-Busch InBev is the most mentioned company across news items over the past four hours, according to Factiva data. The company shares rise 4.4% after reporting organic revenue growth for the first quarter of 2.6%, in line with the company-compiled market consensus, and a volume drop of 0.6% while market expected a 1.0% fall. AB InBev's U.S. performance slowdown due to the Bud Light controversy last year also eased more than expected, suggesting early signs of recovery. Dow Jones & Co. owns Factiva. (michael.susin@wsj.com)
(END) Dow Jones Newswires
May 08, 2024 04:34 ET (08:34 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What Does Nvidia’s Stock Split Mean for Investors?
-
5 Undervalued Stocks to Buy as Their Stories Play Out
-
Markets Brief: Return of the Meme Stocks
-
What’s Happening In the Markets This Week
-
It’s Been a Terrible Time for Bonds. Here’s Why You Should Own Them
-
Which AI Stocks Are Turning Hype Into Revenue?
-
Best- and Worst-Performing Stocks of May 2024
-
3 Stocks to Buy and 3 Stocks to Sell in June
-
After Earnings, Is Nio Stock a Buy, a Sell, or Fairly Valued?
-
After Earnings, Is Lululemon Stock a Buy, a Sell, or Fairly Valued?
-
The 10 Best Dividend Stocks
-
The Most Attractive Investment Opportunities in Oil & Gas
-
Apple: Generative AI Strategy Should Drive Sales and Upgrades
-
2 Undervalued Stocks That Just Raised Dividends
-
2 Popular Stocks That Top Managers Are Selling
-
The Best REITs to Buy