Please ensure Javascript is enabled for purposes of website accessibility

Diplomacy or Submission? The Zionist Grip on US Political Power and Trump’s Uneasy Alliance With Netanyahu

16 hours ago

Fresno Suspect Caught After Jumping Out of Second-Floor Window, 2 Others Arrested

2 days ago

Tesla Has Applied to Arizona for Robotaxi Service Certification, State Transport Department Says

2 days ago

Evacuations Ongoing as San Luis Obispo’s Madre Fire Scorches Tens of Thousands of Acres

2 days ago

US Senate to Vote on Trump Aid, Broadcasting Cuts as Deadline Looms

2 days ago

US Health Department Widens Immigrant Benefit Restrictions

2 days ago

Fresno Police Arrest Suspect in Stabbing That Left Man Critically Injured

2 days ago

Madera County Authorities Seek Next of Kin for North Fork Man

2 days ago

Froot Loops Maker WK Kellogg Agrees to $3.1 Billion Deal From Italy’s Ferrero

2 days ago

China Signals Willingness to Sell Fighter Jets as Iran Eyes J-10 Aircraft

2 days ago
Bud Light Brewer Is Still Struggling to Sell the Beer in North America Over Trans Promotion Backlash
gvw_ap_news
By Associated Press
Published 2 years ago on
October 31, 2023

Share

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.

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Frazier Defends $894K Pay as Nonprofit Loses $1.1M, Blames City for Financial Struggles

DON'T MISS

Key Events in the Air India Crash Investigation

DON'T MISS

Fresno Police to Target Speeding in Saturday Traffic Operation

DON'T MISS

Tulare County Man Sentenced for Fatal DUI Crash That Took Mother, Daughter’s Lives

DON'T MISS

US Judge Grants Trump Admin Request to Scrap Biden-Era Medical Debt Rule

DON'T MISS

Madera County Authorities Searching for Felony Theft Suspect

DON'T MISS

Fallout Over Handling of Epstein Case Erupts Into the Open

DON'T MISS

Valley Crime Stoppers’ Most Wanted Person of the Day: Billy Ray Maldonaldo

DON'T MISS

One California Worker Dead, Hundreds Arrested After Cannabis Farm Raid

DON'T MISS

Musk’s xAI Seeks up to $200 Billion Valuation in Next Fundraising, FT Reports

UP NEXT

Kraft Heinz Is Planning a Breakup, WSJ Reports

UP NEXT

Goldman Sachs Appoints Ben Wallace as M&A Co-Head for Americas

UP NEXT

Indeed, Glassdoor to Cut 1,300 Jobs Amid AI Integration, Memo Shows

UP NEXT

Froot Loops Maker WK Kellogg Agrees to $3.1 Billion Deal From Italy’s Ferrero

UP NEXT

Walmart Recalls Ozark Trail Bottles After Three Reported Injuries, US Agency Says

UP NEXT

Blackstone Businesses Demand Fresno Homeless Orgs Stop Drop-Offs on Private Property

UP NEXT

Uber Named Official Rideshare, Delivery Partner for Los Angeles Games

UP NEXT

iPhones Now Eligible for Starlink Satellite Texting

UP NEXT

Nvidia-Backed Perplexity Launches AI-Powered Browser to Take on Google Chrome

UP NEXT

X CEO Yaccarino to Step Down in Surprise Move

Tulare County Man Sentenced for Fatal DUI Crash That Took Mother, Daughter’s Lives

9 hours ago

US Judge Grants Trump Admin Request to Scrap Biden-Era Medical Debt Rule

9 hours ago

Madera County Authorities Searching for Felony Theft Suspect

10 hours ago

Fallout Over Handling of Epstein Case Erupts Into the Open

10 hours ago

Valley Crime Stoppers’ Most Wanted Person of the Day: Billy Ray Maldonaldo

11 hours ago

One California Worker Dead, Hundreds Arrested After Cannabis Farm Raid

11 hours ago

Musk’s xAI Seeks up to $200 Billion Valuation in Next Fundraising, FT Reports

11 hours ago

Divided US Appeals Court Rejects Plea Deal for Accused September 11 Attacks Mastermind

12 hours ago

Skydance in Early Talks to Acquire The Free Press, NYT Reports

12 hours ago

Madera Hospital in Full Swing With New Permanent CEO

12 hours ago

Frazier Defends $894K Pay as Nonprofit Loses $1.1M, Blames City for Financial Struggles

The leader of a Fresno nonprofit said his one-time compensation of $894,409 is justified, even though the organization posted a $1.1 million...

9 hours ago

9 hours ago

Frazier Defends $894K Pay as Nonprofit Loses $1.1M, Blames City for Financial Struggles

People gather near a damaged building and trees as firefighters work at the site where an Air India plane crashed in Ahmedabad, India, June 12, 2025. (Reuters File)
9 hours ago

Key Events in the Air India Crash Investigation

Fresno police will hold a traffic enforcement operation Saturday, July 12, 2025, focused on speeding and other violations, which could lead to DUI arrests. (Fresno PD)
9 hours ago

Fresno Police to Target Speeding in Saturday Traffic Operation

Blake Benham was sentenced to 23 years and 8 months in prison for a 2023 DUI crash in Dinuba that killed two women and seriously injured two others. (Tulare County SO)
9 hours ago

Tulare County Man Sentenced for Fatal DUI Crash That Took Mother, Daughter’s Lives

Solar panels at the background as U.S. President Joe Biden speaks during a visit to Vernon Electric Cooperative in Westby, Wisconsin, U.S., September 5, 2024. (Reuters File)
9 hours ago

US Judge Grants Trump Admin Request to Scrap Biden-Era Medical Debt Rule

The Madera County Sheriff’s Office is searching for Tyler Joseph Norris, 28, wanted for felony burglary and grand theft, who may be traveling with Teresa Marie Torres, 40, also wanted on a misdemeanor warrant. (Madera County SO)
10 hours ago

Madera County Authorities Searching for Felony Theft Suspect

U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services' sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. New York State Division of Criminal Justice Services/Handout via REUTERS/File Photo
10 hours ago

Fallout Over Handling of Epstein Case Erupts Into the Open

Billy Ray Maldonaldo is Valley Crime Stoppers' Most Wanted Person of the Day for July 11, 2025. (Valley Crimes Stoppers)
11 hours ago

Valley Crime Stoppers’ Most Wanted Person of the Day: Billy Ray Maldonaldo

Help continue the work that gets you the news that matters most.

Search

Send this to a friend