See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Anheuser-Busch reports higher-than-expected earnings in Q3

Posted on AllSides October 31st, 2023
From The Center
AP Photo/Jeff Chiu

Anheuser-Busch saw better performance in Q3 of 2023 despite still struggling in the U.S. after controversy surrounding Bud Light’s brief partnership with a transgender influencer.

The company reported revenue growth of 5%, more than was previously forecasted. Growth in the Middle East, Africa and Asia-Pacific helped grow revenue even as the brand experienced weaker sales in the U.S.

U.S. sales of Bud Light dropped after conservatives led a boycott over the beer’s partnership with transgender influencer Dylan Mulvaney and support of LGBTQ Pride events.

Read full story

AllSides Picks

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right