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Bud Light Boycott Can’t Douse Anheuser-Busch InBev

Posted on AllSides August 3rd, 2023
From The Center
Business, Bud Light, Anheuser-Busch
NAM Y. HUH/ASSOCIATED PRESS

Bud Light sales might never fully regain the ground they have lost to competitors. That doesn’t mean Anheuser-Busch InBev BUD 0.55%increase; green up pointing triangle, and its stock, can’t ultimately recover from the fracas. 

The global brewer, which accounts for around one of every four beers sold worldwide, on Thursday posted surprisingly strong results despite cratering Bud Light sales. Revenue in the second quarter rose 7.2% from a year earlier—much faster than the 4.1% growth that analysts were predicting, according to consensus estimates from Visible Alpha. 

Amid the high emotion in the U.S. over the...

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https://www.wsj.com/articles/bud-light-boycott-cant-douse-anheuser-busch-inbev-6acf099a

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