Article 6DH3S Bud Light brewer reports sharp drop in US revenue after rightwing backlash

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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