Manufacturing Industry
ANHEUSER-BUSCH COMPANIES INCORPORATED - Anheuser-Busch Reports 1st Qtr Domestic Beer Volume.
PR Newswire UK Disclose, April, 2005
Anheuser-Busch Reports First Quarter Domestic Beer Sales Volume Below Previous
Expectations
ST. LOUIS, April 6 -- Anheuser-Busch Cos., Inc. (NYSE: BUD), announced today
that first quarter 2005 domestic beer volume was below previous expectations.
"The company has stepped up its new product, packaging and marketing efforts,
but it will take time for these new initiatives to gain traction," said
Anheuser-Busch Cos., Inc., President and Chief Executive Officer, Patrick T.
Stokes. "Given Anheuser-Busch's substantial competitive strengths in the U.S.
beer market, we are confident the company will successfully restore its volume
momentum."
Domestic beer sales-to-wholesalers decreased 2.7 percent for the first
quarter 2005 vs. the...
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