Anheuser-Busch InBev - Momentum
Anheuser-Busch InBev - Momentum
Mar 26, 2012 6
(Nasdaq) - After pounding a couple pints of your favorite beer, the stresses of modern day society may seem just a little bit less severe. Based on Anheuser-Busch InBev's most recent earnings report and outlook, it seems that the world might be doing just that. It's also the choice of much of the middle class and beer is, after all, the original social network. (That's what Anheuser-Busch InBev claims anyway).
According to the Beer Institute, (yes there is such a thing) sales of the hoppy beverage rose more than 2% globally in 2011. Total sales for the year came in at $98 billion here in the US. Americans are the global kings of beer consumption compared to wine and hard liquor.
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