Anheuser-Busch said its earnings rose 2% in...
- Share via
From Times Wire Services
Anheuser-Busch said its earnings rose 2% in the second quarter and that it will boost its dividend 10% to 44 cents a share.
The St. Louis company also said it will spin off its baking subsidiary, which makes Rainbo and Earth Grains breads.
Net earnings for the quarter ended June 30 were $329 million, or $1.26 a share. That compares to net earnings of $323 million, or $1.20 a share, a year ago.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
