Homebound drinkers bought more beer online and at supermarkets, boosting organic sales at Anheuser-Busch InBev NV and cushioning the revenue lost at restaurants and bars amid Covid-19 restrictions.
The world’s largest brewer comfortably topped analysts’ expectations for the third quarter, saying consumers had “quickly adjusted to the new reality” of the pandemic era. Amid those shifts, AB InBev said it boosted market share in most regions.
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October 29, 2020 at 06:02PM
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Online Beer Sales, Drinking at Home, Boosts Budweiser Brewer - The Wall Street Journal
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