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From a modest brewery that produced 8,000 barrels a year, Anheuser-Busch has evolved into an enormous conglomerate whose breweries now produce over 100 million barrels a year. Currently the largest brewer in the world, it owns over 50% of the market in the United States. Anheuser-Busch also owns amusement parks around the United States (Busch Gardens and Sea World), bottling companies, metal stamping companies, shipping companies, and a variety of packaging companies...
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Anheuser-Bush has consistently outperformed the S&P 500, as can be seen in Chart 4. Its return on equity in 2003 was 78.7% while the industry and the S&P 500 were 24.2 and 13.7 respectively.3 Anheuser-Busch outperforms the industry and the S&P 500 on many other levels as well. Anheuser-Busch currently enjoys a net income growth rate of 10...
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