BusinessMay 1, 2000
BUSINESS MEMO: A-B EARNINGS UP
Sales and earnings rose again for Anheuser-Busch Cos. in the first quarter as the brewing giant inched closer to possessing half the beer market share in the United States. The St. Louis-based maker of the No. 1 beer, Budweiser, the top light beer, Bud Light, and several other beverages, reported Wednesday that it had a net income of $350 million, or 76 cents per diluted share, in the quarter ending May 31, up from earnings of $319 million, or 66 cents per diluted share, in the same period a year ago.. ...
Sales and earnings rose again for Anheuser-Busch Cos. in the first quarter as the brewing giant inched closer to possessing half the beer market share in the United States.
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The St. Louis-based maker of the No. 1 beer, Budweiser, the top light beer, Bud Light, and several other beverages, reported Wednesday that it had a net income of $350 million, or 76 cents per diluted share, in the quarter ending May 31, up from earnings of $319 million, or 66 cents per diluted share, in the same period a year ago.
The company's domestic market share rose 0.8 percent to 49 percent in the first quarter.
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