home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   alt.business      Business related discussions (no ads)      27,547 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 27,044 of 27,547   
   useapen to All   
   Anheuser-Busch is still struggling to se   
   19 Jan 24 08:32:39   
   
   XPost: alt.transgendered, talk.politics.guns, alt.politics.economics   
   XPost: alt.fan.rush-limbaugh, sac.politics   
   From: yourdime@outlook.com   
      
   Anheuser-Busch Inbev said Tuesday that revenue growth in most of its   
   global regions was offset by a drop in North American sales, in a sign of   
   continuing fallout from a promotion with a transgender influencer that   
   cost it sales.   
      
   The world's largest brewer and parent company of Bud Light said adjusted   
   earnings for the latest quarter rose 4.1% to $5.4 billion on revenues that   
   climbed 5% to $15.6 billion.   
      
   Revenue in the United States for the July-September period, however,   
   tumbled 13.5%. AB InBev, based in Leuven, Belgium, noted that sales to   
   retailers were down "primarily due to the volume decline of Bud Light."   
      
   Bud Light sales plunged amid a conservative backlash after the brand sent   
   a commemorative can to transgender influencer Dylan Mulvaney in early   
   April.   
      
   The controversy toppled Bud Light from its position as America's best-   
   selling beer for more than two decades. In June, it dropped to second   
   place in U.S. retail sales behind Modelo Especial. Modelo – which is owned   
   by InBev but imported and sold by Constellation Brands in the U.S. –   
   remains the market leader, with nearly 9% share in year-to-date retail   
   sales through Oct. 21. Bud Light has an 8% share.   
      
   U.S. dollar sales of Bud Light were down 29% in the four weeks ending Oct.   
   21 compared to same period a year ago, according to Nielsen data compiled   
   by Bump Williams Consulting. They are down nearly 19% for the year to   
   date.   
      
   https://omaha.com/news/nation-world/business/bud-light-sales-dylan-   
   mulvaney/article_61046ec4-2f04-5e83-85e2-d310d56026fe.html   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca