Shares of world’s largest brewer AB InBev tumble 9% on declining volumes

Shares of world’s largest brewer AB InBev tumble 9% on declining volumes


Budweiser beer cans displayed for sale in a supermarket.

Sopa Images | Lightrocket | Getty Images

Shares of AB InBev plunged as much as 11% Thursday after the world’s largest brewer posted a worse-than-feared decline in second-quarter volumes, even as revenues and profits surged ahead.

The Budweiser maker said volumes declined 1.9% year-on-year over the three-month period, well ahead of the 0.3% dip forecast by analysts on the back of weaker demand for its beer products.

Shares had pared down their losses and were last seen down 8.71% at 9:49 a.m. London time (4:49 a.m. ET).

The drop was led by China, where volumes were down 7.4% and where the company said it was “underperforming the industry.” The weakness was also driven by Brazil, where AB InBev cited high comparisons and adverse weather as prompting a 6.5% decline in the second quarter.

AB InBev's second quarter volumes decline as China and Brazil drag

Despite the volume falls, quarterly operating profit jumped 6.5% year-on-year, well above the 5.7% that analysts expected. It comes off the back of a bumper profit jump in the first quarter.

Revenues rose 3% on an organic basis to $15 billion, as sales picked up in the U.S. following a first-quarter drop.

This is a developing story. Please check back for updates.



Source

Trump signals he plans to speak to China’s Xi about Nvidia’s ‘super duper’ chips
World

Trump signals he plans to speak to China’s Xi about Nvidia’s ‘super duper’ chips

U.S. President Donald Trump speaks to members of the press as he departs the White House for Joint Base Andrews on Oct. 24, 2025 in Washington, DC. Kent Nishimura | Getty Images U.S. President Donald Trump plans to discuss Nvidia’s advanced AI chips with Chinese President Xi Jinping during their widely expected meeting on Thursday, […]

Read More
Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’ with China’s Xi
World

Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’ with China’s Xi

TOKYO, JAPAN – OCTOBER 27: U.S. President Donald Trump disembarks Air Force One as he arrives at Haneda Airport on October 27, 2025 in Tokyo, Japan. Takashi Aoyama | Getty Images News | Getty Images U.S. President Donald Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated meeting with Chinese […]

Read More
Australia’s inflation tops forecasts at 3.2%, highest in over a year
World

Australia’s inflation tops forecasts at 3.2%, highest in over a year

Tourists sit on a bollard at the Sydney Opera House. Afp Contributor | Afp | Getty Images Australia’s inflation accelerated in the third quarter, with consumer prices rising 3.2% from a year earlier — the fastest pace in more than a year — the Australian Bureau of Statistics said Wednesday. The increase topped the 2.1% […]

Read More