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Stock impact report

Has Bud Light survived the boycott? Year after influencer backlash, positive signs emerge [Yahoo! Finance]

Constellation Brands, Inc. (STZ) 
Last constellation brands, inc. earnings: 4/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
Company Research Source: Yahoo! Finance
AB InBev, which owns Budweiser and Bud Light, said overall global sales topped $14.5 billion, but sales in the U.S. declined 9.1% during the Jan.-March 2024 period. Sales to retailers were down 13.7%, "primarily due to volume decline of Bud Light," the company said However, the world's largest beer maker says its revenue rose 2.6% during the first three months of 2024, in its quarterly financial report released Wednesday. Sales of higher-priced products helped revenue increase as total worldwide volume of beer sold fell 1.3%. A sauceless summer?: Huy Fong pepper supplier problem stalls Sriracha production Bud Light sales decline continues AB InBev has seen U.S. sales decline since the boycott, which arose after Mulvaney posted a video on Instagram about the company's $15,000 March Madness giveaway contest and showed a promotional Bud Light can with her face on it. Criticism followed with conservatives calling for a boycott of Bud Light and Kid Rock releasing a video in wh Show less Read more
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