AB InBev shares rise as analysts flag easing impact of U.S. Bud Light boycott
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AB InBev shares rise as analysts expect the impact of the U.S. boycott of Bud Light to ease. Revenues in the U.S. dropped by 9.1% in the first quarter, primarily due to slipping Bud Light volumes. However, analysts believe that future figures will include the boycott's impact, potentially making comparative numbers easier. AB InBev expects full-year earnings before interest, tax, depreciation, and amortization to grow in line with its medium-term outlook of between 4% to 8%. The company's shares rose in early trading on Wednesday.

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https://www.investing.com/news/stock-market-news/ab-inbev-shares-rise-as-analysts-flag-easing-impact-of-us-bud-light-boycott-3427444