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Home » The Bud Light boycott may be running out of steam, Deutsche Bank analysts say after commissioning survey
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The Bud Light boycott may be running out of steam, Deutsche Bank analysts say after commissioning survey

News RoomBy News RoomAugust 16, 20230 Views0
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The boycott of Bud Light is by no means over — but an end may be in sight.

Sales have fallen sharply since transgender star Dylan Mulvaney made a social-media post about a personalized can of Bud Light, triggering anger as well as confusion from the brand’s customers. That’s hit the company’s bottom line: in the second quarter, Anheuser-Busch InBev’s operating profit in North America on a comparable basis fell 27% to $1 billion, as revenue declined by 9% to $3.95 billion and volumes skidded by 14%.

Deutsche…

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