Beer giant AB InBev meets Q1 revenue forecasts

Reuters - 08/05
Anheuser-Busch InBev reported on Wednesday a rise of 2.6% in first-quarter sales, in line with forecasts, but the impact of a roughly year-old U.S boycott of key brand Bud Light continued to hurt the brewer.
LONDON, May 8 (Reuters) - Anheuser-Busch InBev (ABI.BR)New Tab, opens new tab reported on Wednesday a rise of 2.6% in first-quarter sales, in line with forecasts, but the impact of a roughly year-old U.S boycott of key brand Bud Light continued to hurt the brewer.
AB InBev also sold slightly more beer than anticipated, with volumes falling 0.6% versus the 1% anticipated by analysts.
The company, which makes Stella Artois and Corona beer, said growth in the Middle Americas, South America, Africa and Europe was offset by a worse performance in the Asia...
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