Bud Light boycott takes fizz out of brewer's earnings
The company lost big sales in the U.S. after the boycotts over its collaboration with a transgender influencer. CEO says things have now stabilized "with signals of improvement" for the brand.
by Alina Selyukh
Aug 03, 2023
2 minutes
Bud Light's parent company is confirming big losses in U.S. sales and profits from this spring's boycott and backlash as executives now assert that the drain has been stabilized.
Anheuser-Busch InBev says it lost $395 million in North American revenue between April and June as the beer maker's revenue in the U.S
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