Anheuser-Busch InBev ended a period of declining consumption with better-than-expected revenue that jumped 5.8% year-over-year. The world's largest brewer recovered from sliding volumes as drinkers reduced consumption amid economic pressures, marking a significant turnaround for the company's performance.

AB InBev's beer volumes rose 1.2% during the quarter, driven by growth in South and Middle Americas and EMEA markets. However, the company's non-beer segments saw a decline, indicating uneven recovery across its product portfolio despite the positive overall trend.

The brewer's turnaround comes against a backdrop of high inflation and growing health consciousness that had pressured sales. Management expressed confidence that further investment can sustain growth, suggesting the company believes it has navigated through the challenging market conditions that had weighed on performance previously.