Categories Earnings, Retail

Anheuser-Busch InBev (BUD): Q4 2019 Earnings Snapshot

Budweiser Anheuser-Busch InBev
Photo by Liv Hema on Unsplash

— Anheuser-Busch InBev (NYSE: BUD) reported earnings of $0.87 per share in the fourth-quarter of 2020 vs. $1.05 per share expected.  

— Q4 revenues grew 2.5% to $13.3 billion, vs $13.93 billion expected, as total volume grew 1.6%.

— Company said Coronavirus outbreak has led to a significant decline in demand in China. For the first two months of 2020, the company sees revenue loss of about $285 million and EBITDA loss of around $170 million in China.

— Net CapEx expected to be around $5 billion in FY20

— BUD shares fell 6.8% during pre-market hours. 

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Lyft (LYFT) expects average ride volumes to improve through Q1 2021

Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of

With new strategy in place, Target looks poised to tap growing online demand

Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered

Infographic: Dollar Tree’s (DLTR) performance in Q4

Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top