ABI Down Slightly in Quarterly Earnings Report
Anheuser-Busch InBev announced in its quarterly earnings report yesterday that U.S. depletions were down 2.1% while overall shipments to wholesalers was up 1.2%. For the nine month period, depletions were down just about 2% and shipments were down a similar amount.
The company had revenue of $11376.00 million for the quarter which is down -7.1% compared to the same quarter last year.
The company reported that global volumes were up 1.5% in the quarter.
