|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||56.00 - 56.81|
|52-week range||44.55 - 67.84|
|Beta (5Y monthly)||1.13|
|PE ratio (TTM)||22.87|
|Forward dividend & yield||0.53 (0.94%)|
|Ex-dividend date||05 May 2022|
|1y target est||N/A|
After controversy over Qatar's decision to ban the sale of beer at World Cup games, Budweiser will instead ship its unsold beer to the winning country of the World Cup.
BRUSSELS (Reuters) -A last-minute decision to ban the sale of alcohol at Qatar's World Cup stadiums will seriously limit Budweiser sales in the Gulf state, but will not derail its owner's global campaign during the tournament, industry analysts said. Soccer world governing body FIFA's announcement of the ban on Friday, just two days before the event kicks off, leaves the world's largest brewer Anheuser-Busch InBev with at least a headache. Budweiser, the major World Cup sponsor it owns, had been set to exclusively sell alcoholic beer within the ticketed perimeter surrounding each of the eight stadiums three hours before and one hour after each game during the four-week event.
Yahoo Finance sports reporter Josh Schafer joins the Live show to break down FIFA officials' decision to ban beer sales at soccer stadiums during the 2022 World Cup in Qatar, despite sponsorship by Anheuser-Busch.