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Last week, sales of Coors Light were up 22.2% year-over-year while Miller Lite sales rose 22.8%. A sign disparaging Bud Light beer is seen along a country road on April 21, 2023 in Arco, Idaho.
Budweiser Select, or Bud Select, is a light pale lager that contains 4.3% ABV and 99 calories per 12 US fl oz serving (1,170 kJ/L). [5] Anheuser-Busch has aggressively promoted Budweiser Select. Its slogan was "The Real Deal". The company hired Jay-Z as a spokesman for the brand.
Over the last four-week period, Bud Light sales are down 27.1% from a year ago, whereas Miller Lite is up 7.8% and Coors Light grew 15.3%, according to data from Bump Williams Consulting ...
In the month following the advertisement, Bud Light's sales fell between 11 and 26%, [10] [11] [12] while Anheuser-Busch's sales fell about 1%. [13] [14] In May 2023, AB InBev's stock price fell 20%, enough for it to be classified as a bear stock by Forbes. HSBC Securities downgraded its rating on the company from "Buy" to "Hold".
New data from Nielsen revealed Bud Light sales declined 24.3% year-over-year in the week ending May 20 while Budweiser sales were down 20.4% during the same period. Last week sales were down 21.6% ...
Anheuser-Busch InBev SA/NV (abbreviated as AB InBev) is the largest beer company in the world. [citation needed] It had 200 brands prior to the merger with SABMiller on October 10, 2016. [1]
The week of the campaign, America’s best-selling beer saw sales plummet by 17%, year-over-year. But numbers show Americans weren’t drinking less beer, overall.
AB InBev, the world's largest brewer, was aiming to sell as much as $9.8 billion in Budweiser stock to seek relief from its heavy debt burden. AB InBev shares ended trading in New York down 3%, as ...