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AB InBev Leverages Premiumization and Digital Platforms for Growth
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Key Takeaways
AB InBev is investing in megabrands like Budweiser, Corona, Stella Artois and Michelob Ultra.
Premium, no-alcohol and Beyond Beer offerings are expanding to meet evolving consumer preferences.
BEES Marketplace GMV rose 50% to $1.2 billion, strengthening BUD's digital distribution ecosystem.
Anheuser-Busch InBev SA/NV (BUD - Free Report) , also known as AB InBev, is pursuing growth through a combination of premiumization, investment in its megabrands, category expansion, innovation and digitalization. The company continues to increase investment in leading brands such as Budweiser, Corona, Stella Artois and Michelob Ultra, supported by marketing campaigns, sponsorships and consumer activations aimed at strengthening brand equity and driving international growth. Sales and marketing investment reached $4.1 billion in the first half of 2026, underscoring BUD’s commitment to supporting long-term brand growth.
The company is expanding its above-core and premium beer portfolio, particularly through Corona and Stella Artois. In the second quarter of 2026, the above-core portfolio generated 6.9% revenue growth, with these three brands delivering strong international growth. The company is expanding its Balanced Choices portfolio, including low-carb, low-calorie and no-alcohol offerings. Its no-alcohol beer portfolio continued to post strong growth in the second quarter.
With a growing focus on premium, higher-margin products and innovative offerings such as zero-sugar and no-alcohol beer, AB InBev is responding to evolving consumer preferences while supporting growth across key markets. The company is also expanding its Beyond Beer portfolio and accelerating digital transformation, with platforms such as BEES and Zé Delivery strengthening its connections with retailers and consumers. BUD’s B2B and direct-to-consumer ecosystems are becoming increasingly important growth engines, helping it better connect with retailers and consumers.
AB InBev has consistently invested in strengthening its brand portfolio while rapidly expanding its digital ecosystem through platforms such as BEES and Zé Delivery. Through BEES Marketplace, the company is digitizing its relationships with retailers, improving distribution efficiency and creating additional monetization opportunities. BEES Marketplace GMV grew 50% year over year to $1.2 billion in the second quarter, while total BEES GMV reached $15 billion, highlighting the growing scale of BUD’s digital platform.
In a nutshell, BUD is focused on driving growth by premiumizing its portfolio, expanding its presence in high-growth no-alcohol and Beyond Beer categories, and leveraging its global megabrands and digital distribution platform to broaden consumer reach and strengthen market penetration.
BUD’s Price Performance, Valuation and Estimates
AB InBev’s shares have gained 0.7% in the past six months compared with the industry’s 1.1% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, BUD trades at a forward price-to-earnings ratio of 16.77X compared with the industry’s average of 15.15X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for BUD’s 2026 and 2027 earnings per share (EPS) indicates year-over-year growth of 17.7% and 12%, respectively. The company’s EPS estimates for 2026 and 2027 have moved upward in the past 30 days.
Image Source: Zacks Investment Research
AB InBev currently carries a Zacks Rank #3 (Hold).
The Zacks Consensus Estimate for Chefs' Warehouse's current financial-year sales indicates growth of 10.6% from the prior-year level. CHEF delivered a trailing four-quarter earnings surprise of 30.4%, on average.
Darling Ingredients (DAR - Free Report) , which is a global developer and producer of sustainable natural ingredients derived from edible and inedible bio-nutrients, currently carries a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Darling Ingredients’ current financial-year sales is expected to rise 11.5% from the year-ago reported figure. DAR delivered a trailing four-quarter earnings surprise of 38.9%, on average.
Medifast, Inc. (MED - Free Report) , which is a leading manufacturer and distributor of clinically-proven healthy living products and programs, currently carries a Zacks Rank of 2. MED delivered an average earnings surprise of 58.2% in the last reported quarter.
The Zacks Consensus Estimate for Medifast’s current financial-year sales indicates a decline of 25.9% from the year-ago number.
View the Zacks #1 Rank List
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AB InBev Leverages Premiumization and Digital Platforms for Growth
Key Takeaways
Anheuser-Busch InBev SA/NV (BUD - Free Report) , also known as AB InBev, is pursuing growth through a combination of premiumization, investment in its megabrands, category expansion, innovation and digitalization. The company continues to increase investment in leading brands such as Budweiser, Corona, Stella Artois and Michelob Ultra, supported by marketing campaigns, sponsorships and consumer activations aimed at strengthening brand equity and driving international growth. Sales and marketing investment reached $4.1 billion in the first half of 2026, underscoring BUD’s commitment to supporting long-term brand growth.
The company is expanding its above-core and premium beer portfolio, particularly through Corona and Stella Artois. In the second quarter of 2026, the above-core portfolio generated 6.9% revenue growth, with these three brands delivering strong international growth. The company is expanding its Balanced Choices portfolio, including low-carb, low-calorie and no-alcohol offerings. Its no-alcohol beer portfolio continued to post strong growth in the second quarter.
With a growing focus on premium, higher-margin products and innovative offerings such as zero-sugar and no-alcohol beer, AB InBev is responding to evolving consumer preferences while supporting growth across key markets. The company is also expanding its Beyond Beer portfolio and accelerating digital transformation, with platforms such as BEES and Zé Delivery strengthening its connections with retailers and consumers. BUD’s B2B and direct-to-consumer ecosystems are becoming increasingly important growth engines, helping it better connect with retailers and consumers.
AB InBev has consistently invested in strengthening its brand portfolio while rapidly expanding its digital ecosystem through platforms such as BEES and Zé Delivery. Through BEES Marketplace, the company is digitizing its relationships with retailers, improving distribution efficiency and creating additional monetization opportunities. BEES Marketplace GMV grew 50% year over year to $1.2 billion in the second quarter, while total BEES GMV reached $15 billion, highlighting the growing scale of BUD’s digital platform.
In a nutshell, BUD is focused on driving growth by premiumizing its portfolio, expanding its presence in high-growth no-alcohol and Beyond Beer categories, and leveraging its global megabrands and digital distribution platform to broaden consumer reach and strengthen market penetration.
BUD’s Price Performance, Valuation and Estimates
AB InBev’s shares have gained 0.7% in the past six months compared with the industry’s 1.1% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, BUD trades at a forward price-to-earnings ratio of 16.77X compared with the industry’s average of 15.15X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for BUD’s 2026 and 2027 earnings per share (EPS) indicates year-over-year growth of 17.7% and 12%, respectively. The company’s EPS estimates for 2026 and 2027 have moved upward in the past 30 days.
Image Source: Zacks Investment Research
AB InBev currently carries a Zacks Rank #3 (Hold).
Stocks to Consider in the Consumer Staples Space
The Chefs' Warehouse, Inc. (CHEF - Free Report) , which is a distributor of specialty food products in the United States, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Chefs' Warehouse's current financial-year sales indicates growth of 10.6% from the prior-year level. CHEF delivered a trailing four-quarter earnings surprise of 30.4%, on average.
Darling Ingredients (DAR - Free Report) , which is a global developer and producer of sustainable natural ingredients derived from edible and inedible bio-nutrients, currently carries a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Darling Ingredients’ current financial-year sales is expected to rise 11.5% from the year-ago reported figure. DAR delivered a trailing four-quarter earnings surprise of 38.9%, on average.
Medifast, Inc. (MED - Free Report) , which is a leading manufacturer and distributor of clinically-proven healthy living products and programs, currently carries a Zacks Rank of 2. MED delivered an average earnings surprise of 58.2% in the last reported quarter.
The Zacks Consensus Estimate for Medifast’s current financial-year sales indicates a decline of 25.9% from the year-ago number.