ABEV / Brazilian brewer Ambev's profit slumps in sector-wide decline

Ambev S.A. (NYSE:ABEV ) Q3 2023 Earnings Conference Call October 31, 2023 11:30 AM ET Company Participants Jean Jereissati – Chief Executive Officer more_horizontal

Ambev has been operating profitably for the past two decades with an annual gross profit margin (TTM) of 49.95%. Ambev's BEES digital marketplace ente more_horizontal

Ambev faced a shrinking bottom line during the past year and a half as higher commodity prices squeezed gross margins. Trends have improved in Brazil more_horizontal

Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Ambev (ABEV) or Diageo (DEO). But which of these two stoc more_horizontal

Brown-Forman's (BF.B) Q1 results reflect the impacts of difficult shipment comparisons from last year's inventory rebuild to overcome the glass supply more_horizontal

Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Ambev (ABEV) and Diageo (DEO). But which of these tw more_horizontal

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in more_horizontal

Investors interested in Beverages - Alcohol stocks are likely familiar with Ambev (ABEV) and Diageo (DEO). But which of these two stocks is more attra more_horizontal