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.

  • QuinceDaPence@kbin.social
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    1 year ago

    The beer I hate the most is Michelob Ultra. It’s not even that it’s gross, it’s not that notable, I’ve had beers that made me want to vomit. MU is just so boring, it’s so bland it’s not even refreshing. If it was disgusting I could dismiss it at just “not my thing” but there was just nothing notable. If beer was body language, MU would be a shrug.

    The most disgusting beer I’ve had was St Arnolds 5 O’clock Pills.