Earnings rose 5% to $4.91 billion in the second quarter on an adjusted basis.
- Profit gained more than 20% in key markets including Brazil, China, and Colombia.
- Global sales rose 7.2%, just ahead of estimates.
- AB InBev maintained its full-year profit outlook.
- The brewer increased sales of its global brands Budweiser, Stella Artois, and Corona by 18% outside their home markets in the second quarter.
- AB InBev’s volumes fell by 1.4% globally, with North America plunging 14%.
- The company put marketing executives involved in the Bud Light matter on leave and is cutting several hundred jobs in the US.