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February 27, 2013
05:56 EDTBUD, GPMCF, STZAB InBev says U.S. beer sales on the rise, WSJ reports
Anheuser-Busch InBev N.V. (BUD) said more Americans were drinking beer again as demand in its main market grew for the first time since 2008, reports the Wall Street Journal. With about 40% of the brewer's operating profit and a third of its sales, the U.S. is by far AB InBev's largest and most significant market. Higher employment amid a nascent economic recovery has got households spending again. Domestic U.S. beer shipments were up 1.5% in the three months to December, compared with a decline of 2% in the same period a year earlier, according to data from the Beer Institute, an industry body. Reference Link
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