Dear Client: After a lackluster Q3 with shipments and depletions both down nearly 5%, Anheuser-Busch improved its results in Q4, turning in slight shipment growth (+0.6%) and depletions down only 1.8%, which it said was “driven by a weaker industry in the segments where we over-index, particularly mainstream and value," per earnings released in the … Continue reading "A-B Depletions Improved, But Still Dragging from Mainstream and Value Exposure"