Bud Light sales down nearly 30% compared to 2022 after partnership with transgender influencer
Bud Light sales are down nearly 30% compared to last year after a boycott in response to its partnership with a transgender influencer, according to a report
The sales volume of Bud Light dropped 29.5% in the week ending May 20 as compared to the same period last year, according to data provided to Newsweek by Bump Williams Consulting and Nielsen IQ. This data showed the sales revenue drop 25.7% in the same period.
Anheuser-Busch, Bud Light's parent company, has struggled financially amid boycotts after it partnered with Dylan Mulvaney, a transgender influencer, to celebrate "365 days of girlhood." Bud Light sent customized Bud Light cans to Mulvaney that portrayed the influencer's face.
The nearly 30% drop marks another increase in losses week to week since the boycott gained traction in April. Bud Light sales dropped 28.4% from last year for the week ending May 13.
Anheuser-Busch has struggled with losses from its other products as well, such as Michelob Ultra, which fell 6.8% for the week ending May 13.
Its competitors, such as Coors Light and Miller Lite, have seen sales increases of 16.9% and 15.1% over the same period.
Bud Light attempted to boost sales ahead of Memorial Day weekend as it launched a promotional rebate that included an amount "equivalent to the purchase price of one (1) 15-pack or larger, up to $15" of Bud Light or other products, essentially making them free.....
https://www.foxbusiness.com/politics...der-influencer
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Wow giving free beer away and still down 30%. Is Bush ever going to recover. Looks like InBev's other products are suffering losses also. Looks like Bud light may never recover.
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