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AB InBev (BUD) earnings Q4 2024

Budweiser beer in an IGA grocery store in Montreal, Quebec, Canada, on Tuesday, Feb. 4, 2025. 

Bloomberg | Getty Images

The world’s largest brewer AB InBev on Wednesday posted better-than-expected fourth-quarter sales despite an annual decline in volumes.

The drinks maker, whose brands include Budweiser, Corona and Stella Artois, reported an 3.4% increase in fourth-quarter revenue to $14.84 billion, versus the 2.9% decline to $14.05 billion forecast by LSEG analysts.

Full-year sales rose by 2.7% to $59.77 billion, compared to the $59.3 billion performance expected by analysts.

Total volumes declined 1.9% in the quarter and 1.4% over the full-year stretch, which the company largely attributed to weak demand in China and Argentina. Excluding those two countries, volumes rose 0.9%.

This is a breaking news story and will be updated shortly.



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#InBev #BUD #earnings

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