News briefs for november 2, 2026. - AB InBev posted U.S. revenues up 0.8% for the nine months through September, with revenue per hectoliter up 3%, and sales to retailers and wholesalers slipping 1.7% and 2.1% respectively. EBITDA decreased by 1.3% for the nine-month period. The company noted that its Beyond Beer portfolio, including Cutwater and Nutrl, among others, saw revenues rise in the low teens, while Michelob Ultra and Busch Light have been gaining share in the beer category. On the non-alc beer side, Michelob Ultra Zero is driving revenue growth in the high thirties, the brewer added. AB InBev remains the largest beer and FMB marketer in the U.S. at 874 million (2.25-gallon) cases annually, according to Impact Databank, and is also climbing the ranks of spirits and wine marketers owing to the robust growth of RTDs like Cutwater and Beatbox. - Riboli Family Wines has opened a new brand home for the San Simeon fine wine label in Paso Robles. Located at the western edge of Willow Creek about 15 minutes from downtown Paso Robles, it includes a tasting room featuring exclusive wines from estate vineyards in Paso Robles and Monterey, chef-led dining, estate gardens, and a modern ranch aesthetic, according to the company. In addition to San Simeon's Pinot Noir, Cabernet, and Chardonnay, the brand's Reserve tier of nine wines and a future launch called the Augustus series will also be poured at the new site. Led by its Stella Rosa brand from Italy, Riboli Family Wines has total U.S. volume of approximately 4 million cases annually, according to Impact Databank.

Three IIM Ahmedabad friends turn a college project into Gimi Michi, a rs 1.7 cr monthly Korean ramen brand. Founded in 2024 and based in Gurugram, Gimi Michi sells authentic Korean ramen, cup noodles, chilli oil, and sauces to Indian consumers at accessible prices. Korean culture has become part of everyday life for young Indians, from BTS playlists to K-drama binges, with K-pop streaming in India surging 362% between 2018 and 2023, as per IMPRI. "We used to watch cartoons and anime. Instead of Dragon Ball Z, it is now being replaced by K-dramas and Chinese dramas. That gave us the idea that this is not just a tier 1 fad phenomenon. An entire generation is being brought up on Korean dramas and Korean culture," Akhil Kumar, co-founder of Gimi Michi, told Startup Pedia in an exclusive interview. Food has followed the screen, naturally. Korean food, a regular presence in K-dramas, is now a growing habit in Indian cities. On Swiggy, orders for Korean food rose 50% year-on-year in July 2025. Ramen sits at the heart of that shift, and a group of IIM Ahmedabad students decided to build a brand around it. Founded in 2024 at IIM Ahmedabad and based in Gurugram, Gimi Michi is a food startup that sells authentic Korean ramen, cup noodles, chilli oil, and sauces to Indian consumers at accessible prices. The backstory of Gimi Michi's founders. Gimi Michi was founded by three friends: Nishank Goyal, Akhil Kumar, and Bodhi Rathor. Hailing from Roorkee, Nishank completed his undergraduate degree in chemical engineering at IIT Delhi and joined AB InBev's global capability centre. He later became the product lead at a startup founded by one of his seniors. Akhil is from Kullu in Himachal Pradesh and completed his undergraduate degree in computer engineering from NIT Kurukshetra. He worked at KPMG in the analytics department. Bodhi is from Kinnaur, also in Himachal Pradesh. He studied economics (Hons) at Shri Ram College of Commerce and then worked as a product manager at BlueStacks. Bodhi officially came on board Gimi Michi in early 2026, although he had been helping the founders since September 2025. In June 2023, all three of them joined IIM Ahmedabad to pursue their MBA. So, how did the idea for Gimi Michi come about? It started as a college project in the third term of their course. They saw that the streets of Gujarat were starting to sell Korean food, alongside litti chokha and momos. Amidst this new trend, IIMA Ventures launched a program that offered a small business grant alongside credit for the course. "At that time, we thought that this was something interesting that was going on. All of us have had a tech background or product background. So, we were kind of done with digital or technical things. We just wanted to go into FMCG and food. So, we found that this is the right opportunity," Akhil said. All groups.

Anheuser-Busch InBev: 3 key takeaways for long-term investors. Premium pricing on flagship brands is lifting margins even as volume pressures persist in key markets. Key points. * Underlying EPS increased 22% to $1.21 per share in the third quarter. * Management approved an interim dividend of 0.40 euros per share. * Third-party GMV on the BEES marketplace increased 45% to $1.4 billion. * Motley Fool Issues First-Ever 9X Buy Alert" On its third-quarter 2026 earnings call, held on Oct. 29, 2026, Anheuser-Busch InBev (BUD -1.80%) announced a 22% increase in underlying earnings per share (profit per share of stock) to $1.21 alongside an interim dividend raise to 0.40 euros per share. A brewer's long-term compounding depends on expanding into higher-margin categories while returning excess cash to shareholders. Management is doing both by scaling non-alcoholic products and repurchasing stock while navigating volume declines in China. Three things management said stand out. 1. Non-Alcoholic beer opens new customer demographics. Non-alcoholic beer carries higher price points and profit margins than traditional lagers. By attracting consumers who normally bypass beer entirely, these products generate entirely new sales rather than cannibalizing existing core volumes. With an estimated 60% of the volume coming from new occasions and new consumers, no alcohol beer is an opportunity to develop the category and drive incremental volume growth. - Michel Doukeris, Chief Executive Officer 2. Cash flow generation unlocks shareholder returns. Strong free cash flow gives management room to reward investors while keeping debt manageable. The company boosted its interim dividend from 0.15 euros to 0.40 euros per share and continues executing a $6 billion stock buyback program. Given the strength of its balance sheets and free cash flow generation, The Motley Fool, LLC has increased flexibility on its capital allocation choices. - Fernando Tennenbaum, Chief Financial Officer 3. Mega brands drive top-line expansion. Focusing marketing capital on key global brands like Corona and Michelob ULTRA allows the business to raise prices across global markets. Net revenue from these flagship brands grew nearly 8% during the quarter. Its mega brands continue to drive profitable growth across its markets, with net revenue increasing by 7.7% during the quarter. - Michel Doukeris, Chief Executive Officer Looking ahead. Global volume momentum is holding steady across emerging markets, and management isn't hiding its satisfaction with the operating trajectory. Global scale, premium pricing discipline, and proprietary distribution technology like BEES (the company's business-to-business digital ordering app) give the brewer a durable structural advantage over smaller regional rivals. Investors are watching how quickly management can stabilize sales in China while absorbing higher transportation expenses in North America. Executing on category expansion and digital distribution positions the business for durable earnings growth over the next five years. Its continued momentum reflects the resilience of its strategy and its ability to deliver reliable compounding growth across different operating environments. - Michel Doukeris, Chief Executive Officer Is Anheuser-Busch InBev/NV a smart long-term play. Before you buy stock in Anheuser-Busch InBev/NV, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Anheuser-Busch InBev/NV wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of its recommendation, you'd have $334,308!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of its recommendation, you'd have $1,323,413!* Now, it's worth noting Stock Advisor's total average return is 897% - a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. *Stock Advisor returns as of October 30, 2026.