Tomahawk, WI 10/14/2011 (PennyPayDay) – Three things come to mind when I think of St. Louis: the St. Louis Cardinals (especially now playing in the NLCS series with the Milwaukee Brewers), the Arch and Budweiser… Last night the Brewers were victorious over the Cardinals with a hard-fought game four battle to tie the series at two games apiece. My father, more commonly known as “Catfish” to his friends, was lucky enough to be in attendance for the game with a cold Budweiser in hand with a great view of Busch Stadium and the historic gateway to the west…It was a euphoric scene in the river city last night, and especially when the beloved Clydesdales made their popular pre-game trip around the field… That euphoria was promptly ended though when the Brewers dynamic duo of Francisco Rodriguez allowed a hit in the eighth and John Axford finished for his second save of the series and third this postseason.
Now back to the business of Budweiser and more importantly its parent company Anheuser Busch (NYSE:BUD) that makes and sells numerous other popular adult beverages. With its $128 billion enterprise value and $38 billion in annual sales, BUD dominate the adult beverage market much like the old St. Louis Rams “Greatest Show on Turf” used to dominate opponents defenses during their Superbowl run in 1999.
Advertising and marketing are vital cogs with maintaining and growing market share, and BUD is no stranger to this with their popular and witty commercials that have helped fend off stiff competition and criticism of late after the American icon sold out to a Belgium company 3 years ago. I think shareholders of BUD are more concerned with fundamentals and quarterly growth instead of who signs the 8-K’s and 10-Q’s though.
BUD has shown quarterly earnings growth of more than 26 percent and a solid profit margin of 13 percent, which should keep shareholders happy, both foreign and domestic…
As I write, shares of BUD were up 2 percent at $55.63 on volume of 450,000 shares.
PennyPayDay Disclaimer
PennyPayDay Disclaimer
No comments:
Post a Comment