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A-B STRs Down 2.2% in Q1

May 4, 2011A-B STRs Down 2.2% in Q1Dear Client:Globally, ABI delivered strong revenue growth in the quarter of 5.6%, with revenue per hl up 6.1% "driven by a continued focus on premiumization of the portfolio and our revenue management initiatives." EBITDA grew 6.5% organically. In the US, shipments were down 3.3% while STRs declined by 2.2%. So at least they're going in the right direction on distributor inventories. MillerCoors Q1 STRs were down 1.4% (see below).A-B estimates that Bud Light

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