Bud Light brewer is still struggling to sell the beer in North America over trans promotion backlash
Anheuser-Busch Inbev says that revenue growth in most of its global regions was offset by a drop in North American sales 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 i NFL uencer 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 i NFL uencer Dylan Mulvaney in early April. The controversy toppled Bud Light from its position as America’s best-selling beer for mo...