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Shares of Bud Light parent company Anheuser-Busch InBev are down 7.6% since the company reported earnings May 4 as the Dylan Mulvaney controversy continues to weigh on the beer giant's sales.Bud ...
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 ...
ABInBev's stock has stumbled amid the declining sales reports and Modelo surpassing Bud Light as the top-selling beer in America. Shares are down roughly 13% since the beginning of April when the ...
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% ...
Bud Light soon lost its crown as America’s top-sold beer, and sales have continued lower since, costing AB InBev valuable market share in the U.S. “I think that we are making progress.
Investors don't always think about social issues impacting stock prices. But it can happen, even when a brand tries to do the right thing and support under-represented and often ostracized...
That's a faster pace than the week-on-week drop of 25.9% for the period ending June 17. Bud Light volumes crashed 29.7%, accelerating from the week earlier's plunge of 29.3%.
Bud Light is also set to be featured in a Super ... Trump's reversal is the highest-profile pivot the company could have hoped for and comes after the beer-maker saw its stock drop for much of ...