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AB InBev below expectations on lower U.S. retailer sales
date:Oct 31, 2012
Anheuser-Busch InBev, the world's largest brewer, reported third-quarter profits below analysts estimates on Wednesday as sales to United States retailers declined in the quarter.

Core profit in the third quarter rose 10.6 percent on a like-for-like basis to $3.977 billion, below the $4.075 billion consensus forecast in a Reuters poll of nine analysts.

The maker of Budweiser, Stella Artois and Beck's said that beer sales to U.S. retailers fell 0.4 percent in the quarter, led by a 7 percent dec

12/23 07:56