Anheuser-Busch InBev, the parent company of Bud Light, reached a five-year contract with workers to prevent a strike at 12 US breweries before the summer season. The company reported increased revenue but faced challenges like poor US sales, hyperinflation in Argentina, and backlash from a brief partnership with a transgender influencer. Despite beating sales estimates and raising its annual dividend by 9%, AB InBev's shares dropped 2% due to the absence of a new share buyback.
→ Bud Light continues to fall: "I like Dylan Mulvaney as performance art, and yet even I would pick Coors... dissing your core consumer at Budweiser continues to be a losing strategy, per this WSJ graphic. Long live better bad beers!" @NellieBowles #TGIF https://t.co/89QzyTgKJG https://t.co/JNhUCvyYdP
BREAKING: Anheuser-Busch lost over a BILLION in sales last year following the promotion of Dylan Mulvaney. Wokeness destroys everything it touches.
Sales at Anheuser-Busch decreased by about $1.5 billion in North America last year amid a tumultuous year for its premier product, Bud Light, the company said. https://t.co/s9Uz9Z0e8u
Budweiser plans to expand sales of more expensive beers beyond restaurants and bars in China, as weak consumer demand for regular brews amid the country’s economic downturn weighed on its earnings. https://t.co/Dh5Nluabt2
Its U.S. business was hurt by the backlash from its brief partnership with transgender influencer Dylan Mulvaney, Anheuser-Busch reported. https://t.co/GpfpHVybXL
WATCH: AB InBev beat sales estimates and raised its annual dividend by nine percent. But its shares slipped two percent as investors weighed the absence of a new share buyback, poor US sales and the impact of hyperinflation in Argentina https://t.co/glJX97gpkw https://t.co/cityXx7xyz
Anheuser-Busch reports collapse in U.S. revenue after boycott https://t.co/upnaiFPbQQ
AB InBev beat sales estimates and raised its annual dividend by nine percent. But its shares slipped two percent as investors weighed the absence of a new share buyback, poor US sales and the impact of hyperinflation in Argentina https://t.co/SXhA0XM6ru https://t.co/cmnwD6XZq2
Top brewer AB InBev hikes dividend, but no new share buyback https://t.co/zvIXqd6Kh1 https://t.co/JgnfmxetT2
Budweiser owner AB InBev's annual sales slide, revenue climbs on price hikes https://t.co/c1z4oJdQfs
⚠️ BREWER AB INBEV HIKES ANNUAL DIVIDEND AFTER Q4 SALES ESTIMATE BEAT (Reuters) The world's top brewer Anheuser-Busch InBev on Thursday beat fourth-quarter sales estimates and raised its annual dividend by 9%, a move likely to cheer investors hungry for returns after years of… https://t.co/orgN7W1wHN
Bud Light parent Anheuser-Busch InBev to report earnings as it reaches tentative agreement with union https://t.co/OyMEihQNNd by @BrookeDiPalma
Bud Light maker AB InBev struck a tentative five-year contract with workers to avoid a major strike at 12 US breweries ahead of the key summer drinking season https://t.co/MAzU1Zaa0W
Bud Light's attempts to repair its image have failed. But @ClayTravis knows a way to save the company's brand. https://t.co/q60XmU7SgC