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