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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (58559)1/9/2002 3:00:11 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
"OT"

At least I am doing my part to help, and it shows.

:0)

Bud to the Rescue: Anheuser-Busch Posts Record Sales in 2001

Tuesday, January 08, 2002

foxnews.com

NEW YORK — Judging by just-released sales figures, Americans drank a record number of Budweiser brewskies to numb their worries during the recession and in the aftermath of Sept. 11.

Anheuser-Busch Inc., the U.S. beer unit of Anheuser-Busch Cos. Inc., reported Tuesday that its 2001 volume of beer sales broke records. Not only that, but its parent — the largest brewer in the world — projected growth for 2002 at 10 percent earnings per share.

The news comes amid a time of heavy U.S. beer guzzling. Sales of alcoholic beverages typically climb during economic downturns because people drink to escape their troubles. In the last few months, liquor sales have spiked even more in reaction to the Sept. 11 terrorist attacks.

Domestic beer shipments to wholesalers rose to 99.5 million barrels in 2001, up 1.2 million barrels or 1.2 percent over 2000, according to a statement released by Anheuser-Busch Chief Executive Patrick Stokes.