BUDFF - Anheuser-Busch InBev: Beer Sales Are Up 18.9% Since The Pandemic For Off-Premise Consumption
The alcohol beverage market has seen massive changes since the pandemic and lockdowns have started, and its impact to the various companies in the industry has varied quite a bit. For one, you have varying degrees of companies which carry brands that perform stronger in either off-premise or on-premise. Then you have varying degrees of lockdown regulations, rules, and consumer behaviors in different countries and regions -- each is different as is their impact to the companies involved.
For Anheuser-Busch InBev (BUD), volumes and revenues were down in 2020 Q2 (-17.1% and -17.7%),