Shares of AB InBev dropped by 11% after the brewer reported a 1.9% decline in second-quarter volumes, worse than analysts predicted. China and Brazil were key areas of weakness, but quarterly operating profit still rose by 6.5%. Revenues increased by 3% to $15 billion, with sales in the U.S. picking up.

Despite a surge in profits, AB InBev’s shares plunged due to a larger-than-expected decline in second-quarter volumes. China and Brazil were cited as underperforming markets, leading to a 1.9% drop in volumes. However, the company’s quarterly operating profit jumped by 6.5% and revenues increased by 3% to $15 billion.

AB InBev saw a sharp decline in shares after reporting a 1.9% drop in second-quarter volumes, driven by weaker demand in key markets like China and Brazil. Despite this, quarterly operating profit rose by 6.5% and revenues increased by 3% to $15 billion, with sales in the U.S. rebounding.

Read more at CNBC: AB InBev (ABI) earnings Q2 2025