Andrea Felsted, Columnist

The King of Beers Is Sitting on a Throne of Debt

Megabrewer AB InBev has managed to survive the worst of the pandemic so far. Now it’s time to get a grip on its borrowings.

July 30, 2020 at 1:32 PM UTC

By Andrea Felsted

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

It’s too soon to rest easy.
Source: Bloomberg

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The pandemic hasn’t hammered the company behind Budweiser as much as many had feared.

Sales and underlying earnings at Anheuser-Busch InBev all came in better than expected. Shares rose as much as 11% after its Thursday earnings announcement.