Bud Light brewer reports sharp drop in US revenue after rightwing backlash
by Lauren Aratani from US news | The Guardian on (#6DH3S)
Anheuser-Busch InBev revenue fell 10.5% in last three months following controversy over partnership with trans influencer
The scale of the conservative backlash against Bud Light was revealed on Thursday when owner Anheuser-Busch InBev reported a sharp drop in US revenue over the last three months.
The world's largest brewer saw its second-quarter revenue in the US - its largest market - drop 10.5% after a rightwing backlash over a partnership with a transgender influencer led to a sales drop. Operating profits dropped nearly 30%.
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