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AB InBev below expectations on lower U.S. retailer sales
October 31, 2012 / 6:21 AM / 5 years ago

AB InBev below expectations on lower U.S. retailer sales

BRUSSELS, Oct 31 (Reuters) - Anheuser-Busch InBev, the world’s largest brewer, reported third-quarter profits below analysts estimates on Wednesday as sales to United States retailers declined in the quarter.

Core profit in the third quarter rose 10.6 percent on a like-for-like basis to $3.977 billion, below the $4.075 billion consensus forecast in a Reuters poll of nine analysts.

AB InBev said that beer sales to U.S. retailers fell 0.4 percent in the quarter. (Reporting By Robert-Jan Bartunek)

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