Bud Light Drags Anheuser-Busch InBev’s US Business; Global Revenue Still +5%
The accelerated downturn of Bud Light led to double-digit declines in shipments, depletions and revenue for Anheuser-Busch InBev’s (A-B) U.S. business in the third quarter.
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Anheuser-Busch InBev Reports Global Revenue Growth as US Business Struggles
Anheuser-Busch InBev today reported its second-quarter and half-year earnings results, outlining global revenue growth of 5 percent in Q2 despite continued challenges in the U.S., the company’s largest individual market.