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MarketWatch reported that May was the single worst month in AB InBev's history, correlating to the single largest selloff of AB InBev stock due to a 17% overall drop in sales, with Bud Light dropping in sales by 28%, Budweiser by 16%, Busch by 12%, and Michelob Ultra by 10%. MarketWatch also noted that AB InBev's rival, Molson Coors, had seen ...
To try and stem the sales weakness, Budweiser offered US consumers in most states a rebate of up to $15 on a 15-pack or larger for July 4. And industry experts have pointed to additional discounts ...
Budweiser is offering Americans in most states a rebate of up to $15 on a 15-pack or larger through July 8. For some locations with excess inventories of Bud Light, that may mean a free 15-pack.
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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.
The company was founded in January 1955 by Arizona businessman Jim Hensley [5] on a $10,000 loan. [6] [7] It originally had 12 workers, sold 73,000 cases of beer a year (a case typically being twenty-four 12-oz. bottles or cans), and had a 6 percent market share. [5]
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August Adolphus Busch IV (born June 15, 1964) is an American businessman and former CEO of Anheuser-Busch.He was the last of the family to control the company, which was purchased in a hostile takeover in 2008 by InBev.