More Color on A-B Results

Anheuser-Busch cfo Randy Baker gave more color on the brewer's Q3 results yesterday in what likely is his last analyst conference call. Randy said that the Bud family increased 4% for the quarter, and the Bud Light family was up 4% on the back of Bud Light Lime, which reached 1.5 share in IRI supermarkets (it just takes one brand). Bud Light also grew, as did Bud Chelada. Budweiser brand volume declined -3%. Michelob Ultra grew 6% in volume and