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Keyword: profitdrop

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  • Budweiser brewer AB Inbev sees sharp profit drop

    05/07/2014 4:10:36 AM PDT · by Olog-hai · 39 replies
    Associated Press ^ | May 7, 2014 4:16 AM EDT
    The maker of Budweiser and Stella Artois beer says its first quarter net profit slumped by almost 24 percent despite rising sales volumes. AB InBev SA, the largest global brewer, said Wednesday net profit fell to $1.4 billion in the January through March period from $1.8 billion in the same quarter a year earlier. …