Trending: AB InBev Revenue Growth Meets Expectations as Volumes Slowdown Eases
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Dow Jones
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.-
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