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Anheuser-Busch admits to continued plunge in Bud Light sales, insists US still has 'favorable' view of brand

Posted on AllSides August 3rd, 2023
From The Right

Anheuser-Busch announced a steep drop in profits amid the ongoing boycott against Bud Light this week, but the company insists U.S. consumers still have a generally favorable view of the beer brand.

The company announced that its U.S. revenue dropped 10.5% in the 2nd quarter of 2023, while its earnings prior to taxes, interest and depreciation fell 28.2%, according to the Wall Street Journal.

Anheuser-Busch accompanied the grim numbers with a survey of some 170,000 consumers across the U.S., saying it found a majority remain favorable toward the Bud Light brand,...

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