A-B Cites Weather for Q3 Shipments, Down 6.4%

Dear Client:How did Anheuser-Busch fare for Q3 results?Globally, ABI volumes were down 1.2% in 3Q17, with own beer volumes down by 1.5%. They chalked that up to "continued strong growth in Mexico, Argentina, and Africa" that was "more than offset by soft shipment volumes in the US, primarily driven by the substantial weather impact in many parts of the country, and Brazil." (Global revenue was up 3.6% in the quarter, with revenue per hectoliter growth of 5%.) SHIPMENTS DOWN MORE