Bud Light Brewer AB InBev Beats Forecasts on Strong Pricing
- Company doesn’t mention marketing controversy over Bud Light
- Ebitda beats analyst forecasts as beer volume rebounds
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Anheuser-Busch InBev NV, the world’s largest brewer, reported profit growth that beat analysts’ estimates on the strongest pricing in at least a decade.
First-quarter adjusted earnings climbed 14% to $4.8 billion, said the brewer, whose Bud Light brand got caught up in a marketing controversy last month. Volumes returned to growth after a dip in the fourth quarter of 2022.