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Actionable news in BUD: ANHEUSER-BUSCH INBEV SA/NV,

AB InBev Earnings Miss Analysts' Estimates as Big Brands Lag

Anheuser-Busch InBev NV’s fourth-quarter profit missed estimates as its two flagship brands both lost ground despite increased advertising and an improving U.S. beer market, underlining the need for the brewer to complete its deal for SABMiller Plc to tap new areas of growth.

Adjusted operating income rose 6.6 percent on an organic basis to $4.31 billion, the company said in a statement Thursday. Analysts expected a 9.2 percent gain. Sales to retailers in the U.S. fell 1.1 percent, which sent profits in that region plummeting 7 percent as marketing costs rose. The shares fell as much as 3.6 percent in early Brussels...


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