Manufacturing Industry
ANHEUSER-BUSCH COMPANIES INCORPORATED - Anheuser-Busch Reports Improved Sales and Earnings.
PR Newswire UK Disclose, April, 2007
Anheuser-Busch Cos. Reports Improved Sales and Earnings for the First Quarter
2007
ST. LOUIS, April 25 -- Anheuser-Busch Cos., Inc. (NYSE: BUD) reported
improved sales and earnings for the first quarter 2007 today at its annual
meeting of shareholders held in Orlando, Fla. Consolidated net sales increased
2.7 percent in the first quarter 2007 and earnings per share increased 4.7
percent.
"We are encouraged by our progress on key initiatives during the first
quarter," said August A. Busch IV, president and chief executive officer of
the company. "We successfully implemented domestic beer price increases and
discount reductions earlier this year and the pricing environment continues to
be favorable. Our cost reduction...
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