Budweiser Brewing Co. APAC Likely to Face Tepid China Sales Recovery

Dow Jones

07/01

0245 GMT - Budweiser Brewing Co. APAC is likely to face an earnings hit from tepid sales volume recovery in China, UOB Kay Hian's Stella Guo says in a report. Budweiser's sales volume in China is likely to stay under pressure in 2Q owing to weakness in on-trade channels and rainy weather in some regions, the analyst says. At group level, Ebitda is projected to see greater pressure than topline due to rising commercial investments and other factors. The brokerage cuts its 2026-2027 earnings forecasts for the company by 5% each. It lowers its target price on the stock to 9.30 Hong Kong dollars from HK$10.20 with an unchanged buy rating. Shares last closed at HK$6.10. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 30, 2026 22:45 ET (02:45 GMT)

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(ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 30, 2026 22:45 ET (02:45 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Budweiser Brewing Co. APAC Likely to Face Tepid China Sales Recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBudweiser Brewing Co. APAC Likely to Face Tepid China Sales Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-01 10:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0245 GMT - Budweiser Brewing Co. APAC is likely to face an earnings hit from tepid sales volume recovery in China, UOB Kay Hian's Stella Guo says in a report. Budweiser's sales volume in China is likely to stay under pressure in 2Q owing to weakness in on-trade channels and rainy weather in some regions, the analyst says. At group level, Ebitda is projected to see greater pressure than topline due to rising commercial investments and other factors. The brokerage cuts its 2026-2027 earnings forecasts for the company by 5% each. It lowers its target price on the stock to 9.30 Hong Kong dollars from HK$10.20 with an unchanged buy rating. Shares last closed at HK$6.10. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 30, 2026 22:45 ET (02:45 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"APAC","symbol_name":"Stonebridge Acquisition Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2648816591","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2648816591","pubTimestamp":1782873900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0245 GMT - Budweiser Brewing Co. APAC is likely to face an earnings hit from tepid sales volume recovery in China, UOB Kay Hian's Stella Guo says in a report. Budweiser's sales volume in China is likely to stay under pressure in 2Q owing to weakness in on-trade channels and rainy weather in some regions, the analyst says. At group level, Ebitda is projected to see greater pressure than topline due to rising commercial investments and other factors. The brokerage cuts its 2026-2027 earnings forecasts for the company by 5% each. It lowers its target price on the stock to 9.30 Hong Kong dollars from HK$10.20 with an unchanged buy rating. Shares last closed at HK$6.10.  Dow Jones NewswiresJune 30, 2026 22:45 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"APAC":"Stonebridge Acquisition Corp"},"translate_title":"百威啤酒亚太地区可能面临不温不火的中国销售复苏","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APAC":1.5},"content_text":"0245 GMT - Budweiser Brewing Co. APAC is likely to face an earnings hit from tepid sales volume recovery in China, UOB Kay Hian's Stella Guo says in a report. Budweiser's sales volume in China is likely to stay under pressure in 2Q owing to weakness in on-trade channels and rainy weather in some regions, the analyst says. At group level, Ebitda is projected to see greater pressure than topline due to rising commercial investments and other factors. The brokerage cuts its 2026-2027 earnings forecasts for the company by 5% each. 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