Brewer AB InBev beats Q4 sales estimates

Anheuser-Busch InBev (AB InBev) is the world's largest brewer, producing and distributing a wide range of beer brands across the globe. On Thursday, the company reported its fourth quarter sales results for the period ended December 31, 2023.

According to the company's press release, AB InBev achieved a 6.2% increase in fourth quarter sales, just ahead of analyst expectations of 6.1%. This growth was driven by strong demand for its beer brands in emerging markets, particularly in Latin America and Asia Pacific.

In addition to its core beer business, AB InBev also has a significant presence in the non-alcoholic beverages market through its acquisition of Keurig Dr Pepper in 2019. The company's diversified portfolio of brands and products continues to drive growth and generate strong financial results.

Overall, AB InBev's fourth quarter sales performance was a positive sign for the company and the beer industry as a whole. With its strong brand presence, global reach, and diverse product offerings, AB InBev remains well-positioned to continue driving growth and delivering value to its stakeholders.