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Carlsberg and AB InBev, two global brewers, have been facing challenges in their beer sales. Carlsberg warns that weak consumer sentiment may hurt beer sales in Europe and Southeast Asia. Meanwhile, AB InBev's shares rise on a $1 billion buyback, but the Bud Light boycott continues to impact its U.S. revenues. AB InBev posts mixed Q3 results, with revenue of $15.57B, beating expectations, but experiencing a volume growth decline of -3.4%. The company announces a $1 billion buyback program. Bud Light's sales plunge more than 13% in the U.S., leading AB InBev to seek a deal with the UFC to win back customers. Despite concerns about weight-loss drugs affecting beer drinking, global brewers AB InBev and Carlsberg downplay these concerns.
Why brewers aren't worried about Wegovy users drinking less beer https://t.co/8ZH9cCFQik https://t.co/JxU67kWsl7
Global brewers AB InBev and Carlsberg this week played down concerns among some investors that demand for weight-loss drugs may lead to a sharp drop in beer drinking https://t.co/OPIYiOEdRh
Global brewers AB InBev and Carlsberg this week played down concerns among some investors that demand for weight-loss drugs may lead to a sharp drop in beer drinking. More here: https://t.co/1GIejdLibl
Non-alcoholic beers are a 'breeding ground for E.coli and salmonella' https://t.co/KxxECyN1Hj https://t.co/NtOHwT8cr8
Boycott is trending https://t.co/CE9Oj6CUZD
Anheuser-Busch CEO has a new message on Bud Light boycott https://t.co/kPpbef1wJH
AB InBev's latest sales data is brutal as the Bud Light disaster continues to hammer the beer brand. However, there's one Hail Mary plan underway: a deal with the UFC to win back customers. Will it work? READ: https://t.co/ViRLDbaS0g https://t.co/wkRgFPqgKx
The Danish multinational brewer Carlsberg has “cut all ties with its Russian business and refuses to enter a deal with Russia’s government that would make its seizure of the assets look legitimate,” the company’s new CEO told Reuters on Tuesday. https://t.co/oYJTOOOfY4
Bud Light tries for a comeback with a focus on sports and concerts $BUD https://t.co/QxdRjo64n6
This headline from @WelbornBeege made me laugh out loud. Her post is just as fun. Nothing Says 'Halloween' Like Bud Light Trying to Claw Its Way Out of the Grave https://t.co/iwqXWJAZji
Bud Light Continues To Tumble In The Latest Data: REPORT https://t.co/qsAUFPRcHd
The world's largest brewer, Anheuser-Busch, is still feeling the fallout of its Bud Light controversy from earlier this year. https://t.co/br3Hub7gkC
Beer 13. https://t.co/sbQjsT3KlH
Bud Light tries for a comeback with a focus on sports and concerts https://t.co/TTqMHoD3cX
UFC might be the only company capable of saving Bud Light light and AB InBev at this point. Bud Light went from being the most popular beer brand in America to being a complete joke following a partnership with Dylan Mulvaney at the start of April, and it’s never recovered. The… https://t.co/rHQ410BWIK https://t.co/iPCQG0BczV
AB InBev's latest sales data is brutal as the Bud Light disaster continues to hammer the beer brand. However, there's one Hail Mary plan underway: a deal with the UFC to win back customers. Will it work? READ: https://t.co/ViRLDbakaI https://t.co/BlrI3QqkMV
Bud Light parent AB InBev posts mixed Q3 results, announces a $1 billion buyback program https://t.co/YFSb3VmPqu by @BrookeDiPalma
AB InBev: buybacks are a stronger signal than advertising noise https://t.co/MJ8I9ILKqP | opinion
Bud Light boycotts continue to hurt sales https://t.co/rpnKUom0vx
Beer giant AB InBev’s US sales plunge more than 13% on Bud Light fiasco https://t.co/xXe2Dt8t1f https://t.co/n91g7C0pDu
Bud Light faces a new scandal Anheuser-Busch could have seen coming https://t.co/ESiUnvigfr
AB InBev posts mixed Q3 results, announces a $1 billion buyback program https://t.co/7f9BBPdnMx by @BrookeDiPalma 💵 Revenue: $15.57B vs $15.84B expected 💲 Adj. EPS: $0.86 vs $0.85 expected 🍻 Volume Growth: -3.4% vs -2.29% expected 📈 Price Growth: 8.40% vs 6.94%
$BUD (+4.2% pre) AB InBev Stock Rises. Sales Grow Despite Bud Light Hit in U.S. https://t.co/1t2pKMGTBu
Beer giant AB InBev beats forecasts, but Bud Light boycott continues to hit U.S. revenues https://t.co/9dzqO5Slro
Brewer AB InBev's shares rise on $1 billion buyback https://t.co/87iFteI8bu https://t.co/HzjwTBbXhM
Carlsberg warns weak consumer sentiment may hurt beer sales in Europe, Southeast Asia https://t.co/Gm6TadJtCa https://t.co/YnDniWossC