Anheuser-Busch InBev SA/NV produces and sells beer, near-beer products, ready-to-drink cocktails, and soft drinks worldwide. The company, whose origins date back more than 600 years, has well over 400 beer brands, including Budweiser, Stella Artois, Beck's, Leffe, and Michelob Ultra. Through a range of M&A deals, it has become the world's largest brewer by volume and one of the world's largest consumer products companies by revenue. It employs approximately 137,000 people across more than 40 countries.

Stock indices are mixed at midday, with the S&P 500 and Dow Jones Industrial Average higher and the Nasdaq and Russell 2000 lower. But either way, the moves are not substantial. Meanwhile, earnings report continue to hit the tape at an accelerated pace, and those updates generally are driving the action in individual names.

Anheuser-Busch InBev is the largest brewer in the world and one of the top five consumer product companies by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, an 87% stake in Budweiser APAC, and in 2016 acquired SABMiller.

Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, an 87% stake in Budweiser APAC, and in 2016 acquired SABMiller.