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.
The world’s largest brewer and parent company of Bud Light said adjusted earnings for the latest quarter rose 4.1% to $5.4 billion on revenues that climbed 5% to $15.6 billion.
Revenue in the United States for the July-September period, however, tumbled 13.5%. AB InBev, based in Leuven, Belgium, noted that sales to retailers were down “primarily due to the volume decline of Bud Light.”
Bud Light sales plunged amid a conservative backlash after the brand sent a commemorative can to transgender influencer Dylan Mulvaney in early April.
American/Canadian lagers are basically fizzy rice water with a little bit of alcohol in them. It’s not beer as a European would know it. I’ve had and made plenty of lagers, lager can be tasty, bodied and still refreshing. The only thing these have going for them is the latter.
So accent is not to drink pure water, but have something going on and ability to get pissed?
Yep. Even some local lagers have been disappointing to me… your standard options are way better in Europe than anywhere here vis-a-vis. Just like Canadian healthcare, us Canucks can say at least we’re slightly better with our beers than the US.
Don’t count on my word for taste of beer though, stuff enough hops in it and I’m a happy camper…
