The Bud Light controversy continued to weigh on Anheuser-Busch InBev, which nonetheless managed a small improvement in third-quarter profit on cost control as well as revenue growth in 80% of its worldwide markets.
Anheuser-Busch InBev said Tuesday that third-quarter net profit rose to $1.47 billion from $1.43 billion, with revenue up to $15.57 billion from $15.09 billion. Its underlying earnings per share rose to 86 cents from 84 cents.
Analysts…
Read the full article here