AB InBev beats Q3 revenue and profit expectations on premium brands
Anheuser-Busch InBev reported stronger than anticipated third-quarter profits and revenue for 2026, buoyed by premium pricing and product upgrades. Despite higher costs related to production, distribution, and marketing, the company's underlying earnings per share surpassed expectations. Revenue grew by 4.9% to $16.51 billion, while organic sales expanded slightly, despite a notable decline in China.
The company's management highlighted the positive reception of premium brands as a key driver of growth. However, profitability margins contracted due to increased marketing and commodity expenses. The CEO emphasized the company's commitment to shareholder returns, including an interim dividend increase and a share buyback initiative.
For the full year, the company anticipates continued EBITDA growth and capital expenditure investment.
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