Budweiser Maker AB InBev Credits FIFA World Cup for Volume Lift, Sees Bigger Payoff Ahead
Anheuser-Busch InBev (BUD) stock gains after beating Q2 earnings with $1.21 EPS and $16.66B in revenue. Full details here.
Budweiser's parent company did better than expected last quarter and says the World Cup soccer tournament helped sell more beer. When a big company beats its numbers and talks about future growth, that's a hint investors feel more confident about what's ahead.
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