AB InBev Invests $14M in Houston Brewery to Boost Beer Production

Zacks11-22

Anheuser-Busch InBev SA/NV BUD, alias AB InBev, has been keen on making investments in its portfolio to drive overall growth. The company has been investing to develop a diverse portfolio of global, ...

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The company has been investing to develop a diverse portfolio of global, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ab-inbev-invests-14m-houston-184000174.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0128526141.USD","symbol_name":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/ab-inbev-invests-14m-houston-184000174.html","article_id":"2485428917","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/e09gIC5IemFCK4rchgCiYA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ff29824cdbaaaee7a69916aa301a5f6a"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485428917","pubTimestamp":1732214400,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Anheuser-Busch InBev SA/NV BUD, alias AB InBev, has been keen on making investments in its portfolio to drive overall growth. The company has been investing to develop a diverse portfolio of global, international, and crafts and specialty premium brands in its markets. In the latest announcement, the company unveiled a $14-million investment in its Houston brewery, a cornerstone of BUD’s U.S. operations.Year to date, BUD’s shares have lost 14.1% versus the industry’s decline of 15.4%. AB InBev has been witnessing increased costs, including commodity cost inflation and business investments. Also, the company is prone to the headwinds related to the beverage industry and other macroeconomic challenges.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0128526141.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" ACC","AB":"联博控股","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","BK4135":"资产管理与托管银行","BK4590":"PTP","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","LU1941712348.USD":"ALLIANZ PET AND ANIMAL WELLBEING \"AT\" (USD) ACC","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","LU1989763690.USD":"东方汇理世代食品基金A2 Acc","BK4598":"佩洛西持仓","BUD":"百威英博","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU1989763427.SGD":"CPR Invest - Food For Generations A2 Acc SGD-H","LU1941712264.USD":"ALLIANZ PET AND ANIMAL WELLBEING \"A\" (USD) INC","LU2211817866.USD":"Allianz Food Security AT Acc USD","BUDFF":"Anheuser Busch Inbev SA NV","BK4212":"包装食品与肉类","BK4158":"啤酒酿造商","NOMD":"Nomad Foods Limited","BK4585":"ETF&股票定投概念","LU0029874061.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" YDIS INC","FRPT":"Freshpet","VITL":"Vital Farms, Inc."},"translate_title":"百威英博向休斯顿啤酒厂投资1400万美元以提高啤酒产量","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VITL":1,"NOMD":1,"FRPT":1,"AB":1,"BUD":0.9,"BUDFF":0.9},"content_text":"Anheuser-Busch InBev SA/NV BUD, alias AB InBev, has been keen on making investments in its portfolio to drive overall growth. The company has been investing to develop a diverse portfolio of global, international, and crafts and specialty premium brands in its markets. In the latest announcement, the company unveiled a $14-million investment in its Houston brewery, a cornerstone of BUD’s U.S. operations.\nMore on BUD’s Latest Announcement\nVia this latest investment, AB InBev looks to upgrade facilities to retain industry-leading quality standards and drive efficiency; update the critical manufacturing equipment to make beer production possible; install air rinsers on can lines to lower water usage; replace plant infrastructure with the roof of the warehouse, elevators and doors; and update wireless, fiber and copper network connectivity.This aforesaid investment, along with the prior investments in the Houston brewery and the $22.5 million investment made last year, looks to make advancements to the facility's internal systems in order to enrich workplace safety and boost brewery efficiency. With nearly 1,000 employees in its four facilities in Texas, the company boasts a leading position in the American brewing industry.To date, the Houston brewery has a crucial role in the $2.3 billion capital investments in Texas. The company operates over 120 facilities across the country and, along with its distributor partners, has 65,000 staff.In the last five years, the company has invested about $2 billion in its facilities in the country to create and sustain jobs to boost the communities’ economic prosperity.\nWhat’s More About BUD?\nYear to date, BUD’s shares have lost 14.1% versus the industry’s decline of 15.4%. AB InBev has been witnessing increased costs, including commodity cost inflation and business investments. Also, the company is prone to the headwinds related to the beverage industry and other macroeconomic challenges.\nImage Source: Zacks Investment Research\nNevertheless, BUD’s pricing actions, ongoing premiumization and other revenue-management initiatives have been growth drivers. The company’s relentless executions, investment in brands and accelerated digital transformation have been bolstering sales. The expansion of the Beyond Beer portfolio, and investments in B2B platforms, e-commerce and digital marketing bode well.This Zacks Rank #3 (Hold) company’s digital transformation initiatives have been on track, with B2B digital platforms contributing about 72% to its revenues in the third quarter of 2024. The company noted that the monthly active user base of BEES reached 3.9 million users in the third quarter. Its omni-channel, direct-to-consumer ecosystem of digital and physical products generated $350 million in revenues in the same quarter.\nStocks to Consider\nFreshpet, Inc. FRPT, a pet food company, has a trailing four-quarter average earnings surprise of 132.9%. FRPT currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Freshpet’s current financial-year sales and earnings per share (EPS) indicates growth of 23.4% and 193.3%, respectively, from the prior-year levels.Vital Farms VITL, which provides pasture-raised products, currently flaunts a Zacks Rank of 1. The consensus estimate for Vital Farms’ current financial-year sales and EPS indicates growth of 31% and 40%, respectively, from the prior-year levels.VITL has a trailing four-quarter average earnings surprise of 82.5%.Nomad Foods Limited NOMD, manufacturer and distributor of frozen foods, currently carries a Zacks Rank #2 (Buy). NOMD has a trailing four-quarter average earnings surprise of 3.1%.The Zacks Consensus Estimate for NOMD’s current financial-year sales and EPS indicates growth of 4.9% and 25.5%, respectively, from the year-ago figures.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nFreshpet, Inc. (FRPT) : Free Stock Analysis Report\nAnheuser-Busch InBev SA/NV (BUD) : Free Stock Analysis Report\nNomad Foods Limited (NOMD) : Free Stock Analysis Report\nVital Farms, Inc. (VITL) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485428917"}