AB InBev earnings climb but Bud Light backlash still weighs on North American sales

Anheuser-Busch Inbev said Tuesday that revenue growth in most of its global regions was offset by a drop in North American sales, in a sign of continuing fallout from a promotion with a transgender influencer that cost it sales.

U.S. dollar sales of Bud Light were down 29% in the four weeks ending Oct. 21 compared to same period a year ago, according to Nielsen data compiled by Bump Williams Consulting. They are down nearly 19% for the year to date. Shakedown or smart business? Quebec restaurants balk at hefty penalty for using competitor's payment machines

Warren Buffett's Japan trade felt like a gift from God, Charlie Munger says: 'It was awfully easy money'

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market movers: Stocks seeing action on MondayA survey of North American equities heading in both directions
Source: globeandmail - 🏆 5. / 92 Read more »

AB InBev to report Q3 earnings Tuesday: What to watch forBeer maker Anheuser-Busch InBev (BUD) will report third-quarter earnings on Tuesday, October 31. Analysts expect volume growth to decline for another...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stellantis & AB InBev earnings, home prices: What to WatchYahoo Finance Live's Julie Hyman sets up what investors should be watching for on Tuesday, October 31, including earnings out from Anheuser-Busch InBev (BUD)...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »