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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% ...
The largest decline came from North America, where volume dropped 9.9%, largely due to sales of Bud Light. Sales to retailers and wholesalers were down 13.7% and 10.7%, respectively, in the US.
Bud Light's sales are still pressured as the seemingly never-ending controversy surrounding the beer brand continues to brew. Anheuser-Busch InBev's ( BUD ) Bud Light sales tanked 26.5% for the ...
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 ...
Budweiser cans have traditionally displayed patriotic American symbols, such as eagles and the colors red, white, and blue. In 2011, there was a branding redesign that eliminated some of the traditional imagery. The new design was largely in response to a large decline in sales threatening Budweiser's status as America's best-selling beer. [44]
Bud Light sales are still lacking flavor. Anheuser-Busch InBev's Bud Light volumes crashed 28.1% year over year for the week ending Aug. 13, according to new data from Circana and Evercore ISI on ...
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.
Anheuser-Busch InBev's Bud Light sales plunged 27.9% for the week ending June 24 per new Nielsen data. That's a faster pace than the week-on-week drop of 28.5% for the period ending June 17.