Americans aren’t drinking beer like they used to



Posted by Ed 8 mths ago
AB InBev, Heineken, and Molson Coors have all reported significant drops in beer volume in the U.S. in the first quarter of this year. According to The Wall Street Journal, AB InBev (BUD, +0.38%) saw a 4.1% drop, Molson Coors (TAP-A) a 3.8% drop, and Heineken (HKHHF, +0.59%) saw a “high-single-digit percentage” drop.

The decline in sales is brought on both by consumers increasingly turning to other alcoholic beverages like whiskey and wine, and an overall falloff in alcohol consumption.

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