Anheuser-Busch InBev SA/NV (NYSE:BUD) reported Q2 FY23 sales growth of 7.2% year-on-year to $15.12 billion, missing the analyst consensus of $15.37 billion. Total volumes declined by 1.4%, with own beer volumes down by 1.8% and non-beer volumes up by 0.5%. The company generated about 64% of revenue through B2B digital platforms and over $115 million revenue from the digital direct-to-consumer ecosystem. Gross profit expanded 5.5% to $8.1 billion, and gross margin contracted 86 basis points to 53.6%. The company expects FY23 EBITDA to grow in line with its medium-term outlook of 4%-8% and revenue to grow ahead of EBITDA.