AB InBev Volume Slump Ends: Beer Sales Rise Again

Anheuser-Busch InBev reported a significant turnaround in its first-quarter performance, marking the first rise in drink volumes since 2023. The global brewer experienced a 0.8% increase in volumes, surpassing expectations and aligning with recent positive trends from its competitors. This rebound was largely attributed to the resilience of its premium global brands, including Corona and Stella Artois, which contributed to a notable rise in revenue.

The company also saw substantial growth in its non-beer offerings, with revenues from brands like Cutwater, a canned cocktail label, jumping by an impressive 37%. CEO Michel Doukeris highlighted the category's resilience despite market challenges. AB InBev maintained its full-year guidance, indicating confidence in continued performance despite macroeconomic pressures and supply chain cost increases.