Tag: BUD
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Bud Light sales are still falling, but here’s what Morgan Stanley says investors might be missing
[ad_1] Bud Light sales are still falling, as the impact of a boycott against the beer continues to stick. But Morgan Stanley analysts on Thursday said that impact was already reflected into shares of its parent company, Anheuser-Busch InBev, and that AB-InBev’s global footprint and the falling costs of beer ingredients would help sales and…
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Bud Light dethroned as top-selling beer by Modelo, as boycott cuts into sales
[ad_1] Bud Light has been dethroned by Modelo Especial as the best-selling beer in the U.S., according to a report, following a boycott of Bud Light that began in April in response to its partnership with trans influencer Dylan Mulvaney. Modelo accounted for 8.4% of U.S. retail beer sales in the four weeks ending June…
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Bud Light sales declines are now affecting Anheuser-Busch’s other big brands, says new data
[ad_1] Bud Light’s downward spiral has accelerated in the wake of the Dylan Mulvaney debacle — and the carnage has begun to spill into Anheuser-Busch’s other mega-buck brands, The Post has learned. Nationwide retail sales of Bud Light were down 23.4% versus a year ago in the week of April 29 — worse than the 21.4% decline…
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Bud Light backlash doesn’t help already struggling beer sales.
[ad_1] Beer sales were already flat. Now a right-wing backlash against one of the leading U.S. brands is adding to the industry’s problems. As slowing craft-beer sales continue to drag on the market, a number of politicians and celebrities are boycotting Bud Light. They’re in a lather because of a sponsored partnership between the beer…