Anheuser-Busch profit tops view
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Anheuser-Busch Cos Inc  posted a greater-than-expected 11 percent increase in quarterly profit on Wednesday and affirmed its full-year outlook, as the brewer's portfolio of imports helped it sell more beer at higher prices.
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SABMiller PLC, the world's second-largest brewer by volume, said Thursday that strong sales helped net profit more than double in the first half of the fiscal year.
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SABMiller, the brewing company, said Thursday that its first-half profits rose 28 percent compared with the first half of the previous year.
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Anheuser-Busch Cos. Inc.  said on Tuesday it expects its international beer operations to post lower profit this year, hurt by a U.K. shift in sales from bars and restaurants to less profitable sales through retailers.
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Pepsi Bottling Group Inc. , the largest bottler of Pepsi drinks, on Tuesday said quarterly net profit rose about 1 percent, helped by strong sales in Europe, and raised the bottom end of its full-year earnings forecast.
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Kroger Co. , the top U.S. grocer, on Tuesday said quarterly profit rose 29 percent as it kept a tight rein on expenses and sales rebounded.
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The Pepsi Bottling Group reported higher-than-expected profit yesterday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up.
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InBev SA, the world's largest brewer by volume, said Thursday its fourth-quarter profit more than doubled on increased sales of brands like Stella Artois, Beck's and Bass across all regions except its home base in Western Europe.
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Supervalu Inc  posted higher quarterly profit on Tuesday, helped by lower employee-related costs and other expenses, but said consumer spending would continue to be pressured by inflation.
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Altria Group Inc. MO.N, on Tuesday  posted higher quarterly profit, as higher income from its stake  in brewer SABMiller Plc SAB.L, a lower tax rate  and the weak  dollar offset weakness in domestic tobacco and its Kraft food  business.
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Constellation Brands Inc.  posted quarterly profit far above Wall Street estimates on Thursday, as its plan to cut the amount of wine it ships to U.S. distributors did not hurt sales as much as expected.
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Anheuser-Busch Cos Inc  said on  Wednesday quarterly profit rose nearly 11 percent as the  nation's largest brewer sold more beer at higher prices.
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Coca-Cola Co , the world's  largest maker of soft drinks, reported higher-than-expected  quarterly profit on Wednesday, helped by higher sales,  acquisitions and foreign exchange rates.
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Kroger Co. KR.N, the largest U.S.   grocery chain, posted a higher quarterly profit on Tuesday,   aided by cost cuts and sales growth.
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Molson Coors Brewing Co.   reported higher-than-expected quarterly profit on Thursday, aided by higher pricing and volume growth and an extra selling week.
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CHICAGO (CBS.MW) - Anheuser-Busch reaffirmed its 2004 hopes for double-digit earnings per share growth on Tuesday but the beer behemoth also cautioned - again -- that growth will slow next year due to higher ad spending and commodity costs.
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Anheuser-Busch Cos. Inc. , said  on Thursday that quarterly net income rose on stronger domestic  beer shipments.