BUD set to make a $300-million investment to aid U.S. manufacturing operations. Pricing actions, ongoing premiumization and other initiatives have been drivers.

BUD's Q1 results highlight strong above-core brand performance, fueled by premiumization and disciplined revenue management across key markets.

Anheuser-Busch InBev's Q1 2025 earnings were roughly in line with expectations, and yet, the market reacted very positively to the news. BUD stock remains attractively priced relative to current business fundamentals as margins continue to improve. Deleveraging efforts are also bearing fruit, which would allow AB InBev management to soon increase its dividend payout.

Anheuser-Busch InBev SA/NV (BUD) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET Company Participants Michel Doukeris - Chief Executive Officer Fernando Tennenbaum - Chief Financial Officer Conference Call Participants Robert Ottenstein - Evercore ISI Sanjeet Aujla - UBS Simon Hales - Citi Edward Mundy - Jefferies Sarah Simon - Morgan Stanley Chris Pitcher - Redburn Atlantic Trevor Stirling - Bernstein Gen Cross - BNP Paribas Olivier Nicolai - Goldman Sachs Mitchell Collett - Deutsche Bank Operator Welcome to AB InBev's First Quarter 2025 Earnings Conference Call and Webcast. Hosting the call today from AB InBev are Mr.

U.S. equities advanced at midday as President Donald Trump announced a new trade deal with the United Kingdom. The Dow Jones Industrial Average, S&P 500, and Nasdaq all rose.

The headline numbers for Anheuser-Busch Inbev (BUD) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Budweiser brewer Anheuser-Busch InBev (NYSE:BUD) stock traded higher in New York after reporting a 7.9% improvement in first quarter earnings (normalized EBITDA) to $4.86 billion, Margin rose by 218 basis points, to 35.6%, and earnings per share was marked at 81 cents, up 7.1%. It comes as AB InBev's ‘mega brands' supported revenue, which was up 1.5% organically – and, in terms of revenue by volume was up 3.7% per hectolitre.

The world's largest brewer said net profit for the quarter was $2.15 billion compared with $1.09 billion a year earlier.

BRUSSELS--(BUSINESS WIRE)--Anheuser-Busch InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD): Regulated information1 “Beer is a passion point for consumers. The strength of the beer category and the continued momentum of our megabrands delivered another quarter of profitable growth. EBITDA increased at the top-end of our outlook and the ongoing optimization of our business drove Underlying EPS growth of 7.1%. The consistent execution of our strategy by our teams and partners drove a solid start.

Anheuser-Busch InBev is poised for shareholder rewards post-deleveraging, with a strong buy case at a 10x PE/FCF ratio. Despite past financial struggles from the SABMiller acquisition, BUD holds a 30% global beer market share and impressive 36% EBITDA profitability. The Company's financials show steady growth, reduced debt, and potential for increased dividends and buybacks, enhancing shareholder returns.