Anheuser-Busch reports higher-than-expected earnings in Q3

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Anheuser-Busch reports higher-than-expected earnings in Q3
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Anheuser-Busch saw better performance in Q3 of 2023 despite still struggling in the U.S. after controversy surrounding Bud Light’s brief partne...

Anheuser-Busch saw better performance in Q3 of 2023 despite still struggling in the U.S. after controversy surrounding Bud Light’s brief partnership with a transgender influencer.

The company reported revenue growth of 5%, more than was previously forecasted. Growth in the Middle East, Africa and Asia-Pacific helped grow revenue even as the brand experienced weaker sales in the U.S. U.S. sales of Bud Light dropped after conservatives led a boycott over the beer’s partnership with transgender influencer Dylan Mulvaney and support of LGBTQ Pride events.

Judge at Trump’s NY civil fraud trial slams hand on bench, loses his cool during testimony: ‘This is ridiculous!’

 

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Anheuser-Busch InBev S.A. ADR outperforms market on strong trading dayAnheuser-Busch InBev S.A. ADR outperforms market on strong trading daySupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
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