Budweiser brewer Anheuser-Busch InBev SA reported higher fourth-quarter sales, buoyed by drinkers returning to bars and reaching for pricier beers.
The world’s largest beer company said Thursday that organic sales grew 12.1% in the last three months of 2021, aided by strong demand for products that it classes as premium and superpremium. AB InBev said such drinks, which include Michelob Ultra Pure Gold and Goose Island, now make up about a third of its revenue, up 2 percentage points from 2020.
