Bud Brewer AB Inbev to See 2Q Hit Despite World Cup

Dow Jones07-07 18:30

1029 GMT - AB InBev is likely to see some dampening trends in beer volumes over the second quarter of the year, despite uplift from the soccer world championship that kicked off last month, Bernstein analysts say. The Belgian-listed brewer of Bud and Corona will likely see a negative effect from continued weakness in U.S. beer demand, tough comparison bases, unrest in Bolivia and bad weather in some other markets, Bernstein says. The exit from the world cup of Mexico and Brazil's national teams will likely weigh on volumes in those markets, the brokerage adds. Shares are up 2.1% at 70.94 euros. (joshua.kirby@wsj.com; @joshualeokirby)

 

(END) Dow Jones Newswires

July 07, 2026 06:30 ET (10:30 GMT)

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