Beer is defying the economic slowdown, AB-InBev CEO says

Beer is defying the economic slowdown, AB-InBev CEO says

Economic slowdowns around the world hasn’t yet led to beer sales going flat for mega-brewer AB-InBev.

“I think that demand is holding,” AB-InBev CEO Michel Doukeris said on Yahoo Finance Live (video above). “Beer as a category is very resilient.”

AB-InBev produces everything from good old affordable Bud Light to more premium priced non-beers such as CutWater.

Doukeris says not only haven’t beer sales waned this year, consumers don’t appear to be trading down to cheaper alternatives.

“Not yet —…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *