BUDFF News and Press, Anheuser-Busch InBev SA/NV From 02/26/23

Summary Bill Gates bought 3.8% of Heineken Holding for $902 million. Heineken is controlling the bear case narrative favoring price over volumes. Guidance reiterated and so is our valuation. For further details see: Bill Gates Loves Beer And Heineken Is Sti...

Summary Altria Group, Inc. grew its operating income by 2% in 2022 despite reporting a cigarette volume decline of 9.5%, its worst since 2009. The traditional tobacco earnings model of price hikes that exceed excise increases has produced earnings growth despite weak volumes. Manage...

Summary Altria Group, Inc. reported solid profits despite nearly double-digit volume declines. The company is feeling the pinch from lower disposable income, which is hardly surprising, but of course benefits discount brands. Altria's discount segment nonetheless underperformed. In ...

Summary Altria Group, Inc. reported Q4 2022 results that beat earnings estimates, though revenues fell a bit short. The stock appears cheap with a low P/E and big yield, and Altria Group, Inc. has a distinguished history. The Altria Group, Inc. results, though, look extremely poor f...

Summary Altria offers an enormous 8.5% current yield, and has increased its dividend for 53 years in a row. It also faces massive risks. We explain why it's a top 20 dividend-growth stock (despite the huge risks), then conclude with our opinion on who should invest and who should av...

Summary Anheuser-Busch InBev is the market leader in the beer market, with a market share of above 30% and higher profitability than its peers. BUD's balance sheet is inflated with long-term debt and goodwill, as it must acquire new companies to maintain its market share in a rapidly sh...

Summary Fisher’s 13F portfolio value decreased from ~$141B to ~$133B in Q3 2022. They added Charles Schwab and increased Nvidia, Morgan Stanley, and Goldman Sachs while decreasing Salesforce, Visa, Alibaba Group Holdings, Novartis, Verizon, and Tencent Holdings. The top...

The following slide deck was published by Anheuser-Busch InBev SA/NV in conjunction with their 2022 Q3 earnings call. For further details see: Anheuser-Busch InBev SA/NV 2022 Q3 - Results - Earnings Call Presentation

Anheuser-Busch InBev SA/NV (BUD) Q3 2022 Earnings Conference Call October 27, 2022 09:00 AM ET Company Participants Michel Doukeris - Chief Executive Officer Fernando Tennenbaum - Chief Financial Officer Conference Call Participants James Edwardes Jones -...

Summary The Federal Reserve is behind the curve yet again in its war on inflation, causing it to swing for the fences and leading to a brutal reversal from this Summer's stock rally. I believe the Fed has risked swinging the pendulum too far in the opposite direction and may be fo...