Third-quarter sales flat (+0.9%) at US$15.13bnFor first nine months of 2025, top line rises 1.8% to $43.76bnMichelob Ultra 'now the #1 brand in the industry' in the USAB InBev has posted a narrowing growth rate from the most recent quarter as Michelob Ultra earned a namecheck for having performed particularly well in the US.The group, which in the first six months of 2025 saw sales rise by 2.3%, reported today that its top line in the three months to the end of September was essentially flat at 0.9%. Subsequently, the Budweiser owner's year-to-date stands at +1.8%.The performance puts AB InBev
Michelob Ultra tops tree in US for AB InBev in latest quarter – results data
‘Our beer performance [in the US] was led by Michelob Ultra, the #1 volume share gainer and now the leading brand by volume in the industry year-to-date.’

Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.



