For steely-nerved investors, an opportunity awaits to buy shares of Bud Light's battered parent AB Inbev.
The backlash against Bud Light continues to sink the beer brand's sales following the Dylan Mulvaney controversy, as sales were down by nearly a quarter for the week ending June 3.
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 tr
“The majority of Anheuser-Busch InBev brands showed an improvement in trend declines versus the prior week,” said Bump Williams, head of the eponymous consulting firm, in a statement. “Perhaps t
Anheuser-Busch's next move must involve clear communication about Bud Light's purpose and what customers the brand will serve moving forward, says former Anheuser-Busch exec
In recent weeks, a growing number of companies found themselves at the receiving end of a widening wave of criticism.
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Bud Light, continuing to face backlash, saw another seven-day period of declining U.S. sales in the last full week of May. Bump Williams Consulting provided NielsenIQ data.
We have been following the palpable situation with Anheuser-Busch InBev SA/NV stock, and the massive impact on sales in recent weeks following consumer backlash. Sales ending May 27th showed yet anoth
The boycott of Bud Light over its partnership with a trans influencer has endured long enough to help one of its parent company's main rivals, Molson Coors Beverage Co., analysts at BofA said on Tuesd
Shares of the American beer giant are down 18% since Bud Light partnered with transgender influencer Dylan Mulvaney.
Amid a high-cost environment, AB InBev (BUD) looks poised for growth on relentless execution, investment in its brands and accelerated digital transformation.
Roughly two months after Bud Light endured a self-induced injury that torpedoed sales, the brand continues to lose ground to its competition. But there are signs the worst might be over.
While it's too early to say how damaging boycott threats will be, damage has been done to the stocks of companies drawn into the latest culture war battle.
The stock is headed towards an official bear market -- a 20% drop -- as the boycott continues.
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