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Stock impact report

‘Mega brands' Michelob Ultra, Busch Light boost AB InBev amid economic uncertainty [Yahoo! Finance]

Molson Coors Beverage Company Class B (TAP) 
Last molson coors beverage company class b earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.molsoncoors.com/overview/default.aspx
Company Research Source: Yahoo! Finance
AB InBev's “mega brands” Michelob Ultra and Busch Light helped the brewer achieve sales growth in the U.S. even as the beer category overall declines, CEO Michel Doukeris said on the brewer's earnings call this week The two brands recorded the highest market share growth in the beer category during the last quarter of 2024, Doukeris said. However, the beer executive signaled caution about sales trends in 2025, noting that economic pressure on consumers and weather events are impacting the industry. As the beer category experiences sluggish demand, major brewers are increasingly reliant on their premium, highly distributed brands to deliver growth. Dive Insight: Two years after a boycott of Bud Light roiled AB InBev's business, the brewer has been able to turn around sales and said its growth strategy is paying off. This comes amid ongoing headwinds in domestic beer, a category that posted a 4.2% decline in sales last year, according to a TD Cowen report. Doukeris told analy Show less Read more
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