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0 0.00130250732660368 0.00146532074242923 0.00179094757408009 0.00325626831650933 -0.00651253663301854 -0.0110713122761315 -0.0193747964832302
Stock impact report

AB InBev (BUD) Stays on Growth Track on Ongoing Initiatives [Yahoo! Finance]

The Vita Coco Company, Inc. (COCO) 
Company Research Source: Yahoo! Finance
Continued business momentum due to relentless execution, investment in its brands and accelerated digital transformation have been the key drivers. Additionally, the company looks well-poised to gain from the expansion of the Beyond Beer portfolio and investments in B2B platforms, e-commerce and digital marketing in the near term. The premiumization of the beer industry has been a key growth opportunity for AB InBev. These have been aiding the company's top line over the past few quarters. However, BUD has been witnessing higher costs, owing to commodity cost inflation, increased supply-chain costs in some markets, investments in business and elevated operating costs. These have been weighing on the company's bottom-line results. The Zacks Consensus Estimate for AB InBev's 2024 sales and earnings per share suggests growth of 3.7% and 12.1% year over year, respectively, from the year-ago period's reported numbers. The Zacks Rank #3 (Hold) stock has gained 8.4% in the past year Show less Read more
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