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In the US, revenue declined by 0.6% as the dust settled following the Bud Light boycott from last April.. Sales to wholesalers dropped by 2.7% and sales to retailers were down by 4.1% in the US.
A boycott on Bud Light, the top beer brand in the United States, [ 1] began in April 2023. The boycott began in response to a social media promotion the company conducted with actress and TikTok personality Dylan Mulvaney, a transgender woman. [ 2][ 3] On April 1 2023, as part of a larger campaign to address Bud Light's decline in sales and ...
Bud Light sales during the week of May 6 declined 23.6% compared to the same time period last year, according to data from Bump Williams Consulting and Nielsen NIQ cited by Evercore ISI. That's a ...
June 22, 2023 at 12:50 PM. It's time to buy Bud Light's stock even if Americans aren't back to buying Bud Light just yet, according to Deutsche Bank analyst Mitch Collett. Collett upgraded Bud ...
It’s hardly a blip. A quick look at the Anheuser-Busch stock chart shows the company at its one-year high of $66.57 on April 3, 2023. By April 12, the price dropped to $63.38. However, the ...
Meanwhile, Molson Coors was riding the wave of spilled Bud Light, reporting a 9.3% growth in net sales in 2023 on Tuesday. Rubbing salt in the wounds, it partially attributed its strong earnings ...
Bud Light also surveyed 170,000 consumers through a third-party research firm to figure out where the company stands since April. According to Doukeris, customers said they want "beer without ...
Bud Light sales are still lacking flavor. Anheuser-Busch InBev's Bud Light volumes crashed 28.1% year over year for the week ending Aug. 13, according to new data from Circana and Evercore ISI on ...