AB InBev shares rise on first volume growth since 2023
AB InBev reported a surprise 0.8 percent rise in first quarter volumes. Sales of brands like Corona helped the brewer beat profit forecasts as its shares rose.
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ANHEUSER-BUSCH INBEV SA/NV reported a 0.8% rise in beverage volumes for the first quarter, sending shares up nearly 7% on May 5 morning. The volume increase marks the first growth for the Belgium-based brewer since 2023, surpassing analyst expectations of a decline. Investors are viewing the recovery in core brands like Corona as a sign of category resilience despite rising macroeconomic pressures.
