Bud Light Sales Continue To Deteriorate Ab Inbev Tries To Appease Even more than a year removed from the eruption of the controversy, bud light sales are still deteriorating down 8.1% year over year in the week ending sept. 7, according to data from nielsen. Beer giant anheuser busch inbev saw its u.s. revenue decline by 9.1 percent in the first quarter of 2024, as the boycott of bud light continued to hit sales.
Bud Light U S Sales Are Down The Rest Of The World Is Buying Ab Inbev Bud light sales remain flat more than year after the brand faced a conservative boycott from consumers angered over its teaming up with influencer dylan mulvaney. ab inbev, which owns. Bud light is seeing a continuous drop in sales since it launched a marketing campaign with transgender rights advocate, actress, and tiktok star dylan mulvaney. Anheuser busch inbev's chief executive on thursday tried to minimize the controversy over bud light as the company reiterated its financial guidance for the year. Anheuser busch inbev (bud) reported record revenues for 2023 thursday but said its “full growth potential was constrained” by its us business, where sales were hurt by a boycott of bud.
Ab Inbev Owned Bud Light S Boycott May Have Cost It 1 4 Billion In Anheuser busch inbev's chief executive on thursday tried to minimize the controversy over bud light as the company reiterated its financial guidance for the year. Anheuser busch inbev (bud) reported record revenues for 2023 thursday but said its “full growth potential was constrained” by its us business, where sales were hurt by a boycott of bud. While the big brewer is doing fine globally, anheuser busch inbev continues to suffer in the u.s., apparently the motivation behind a billion dollar stock buyback program aimed to appease shareholders who have seen their stock decline by nearly 50% since july of 2019. But its bud light business has collapsed — tallying just $37,000 so far this year — in a microcosm of how the brand, owned by anheuser busch inbev, has struggled since april 2023. Global beer giant anheuser busch inbev said its us sales tumbled 13.5% in the latest quarter, as a persistent boycott of bud light continues to roil the company. Bud light sales plunged in early april amid a conservative backlash after the brand sent a commemorative can to transgender influencer dylan mulvaney. bud light also angered supporters of transgender rights who felt it abandoned mulvaney.
Ab Inbev Misses On Earnings Bud Light Sales Down Ksdk While the big brewer is doing fine globally, anheuser busch inbev continues to suffer in the u.s., apparently the motivation behind a billion dollar stock buyback program aimed to appease shareholders who have seen their stock decline by nearly 50% since july of 2019. But its bud light business has collapsed — tallying just $37,000 so far this year — in a microcosm of how the brand, owned by anheuser busch inbev, has struggled since april 2023. Global beer giant anheuser busch inbev said its us sales tumbled 13.5% in the latest quarter, as a persistent boycott of bud light continues to roil the company. Bud light sales plunged in early april amid a conservative backlash after the brand sent a commemorative can to transgender influencer dylan mulvaney. bud light also angered supporters of transgender rights who felt it abandoned mulvaney.