Anheuser Busch Inbev – BUD cuts forecasts

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Anheuser Busch Inbev ( BUD , quote ) cuts Brazil beer forecast after profit misses estimates

[caption id="attachment_76922" align="alignright" width="300" caption="Anheuser Busch in St. Louis, Missouri"] Image courtesy Chris Yunker: http://www.flickr.com/photos/chris-yunker/ [/caption]

BUD opens down -3.4% in local market, Brussels.  Brazil is BUD's 2nd largest market behind U.S. and where the growth was coming from.

BUD did see 16% increase in sales in China through its Budweiser and Harbin products.

Forecasts on the whole are coming in lower.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , International , Stocks

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