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.

  • @givesomefucks@lemmy.world
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    2262 years ago

    No…

    Rightwingers started making a bunch of noise. And AB immediately caved to them. Making the vast majority of everyone else not want to buy their products either.

    If they stayed on course the drop probably wouldn’t happen. Instead they managed to piss of the majority of Americans on both sides.

    • @pulaskiwasright@lemmy.ml
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      582 years ago

      I wonder what percentage of people who would be put off by Budweiser caving to bigots so quickly would actually regularly drink Budweiser in the first place?

      • @ElderWendigo@sh.itjust.works
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        682 years ago

        Have you seen the way those hipsters guzzle PBR? Do you really think it tastes any better than Budweiser? Image is EVERYTHING when you’re selling cheap beer. Budweiser could have cemented its place as a progressive all-inclusive all-american beer. Instead they gave in to the bullies, an act that no bully can respect.

        • @pulaskiwasright@lemmy.ml
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          152 years ago

          Selling hipsters on a basically dead beer like PBR would be easier than getting them to drink the most mainstream of beers.

        • @jjjalljs@ttrpg.network
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          72 years ago

          I don’t think hipsters have been into pbr for like ten years, but it’s possible I’ve just aged out of hipster circles.

          • @SheeEttin@lemmy.world
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            42 years ago

            Hipsters aren’t really A Thing any more. Sure there are people who still act like that about stuff, but I don’t really see anyone making it their whole personality any more. It’s gone back to individual niches.

          • @captainlezbian@lemmy.world
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            22 years ago

            It’s more of “if you want a dirt cheap beer and theoretically could be a hipster”. Like I drink it when I’m looking for something cheaper than a local ale/lager and not liquor. It’s ok. Light beer is rarely worth it to me though. It’s too flavorless, if I want something with that few calories I just get whiskey

          • LousyCornMuffins
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            22 years ago

            We’re all about Pliny out here. I don’t know if I can afford to be a hipster anymore tho

      • themeatbridge
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        262 years ago

        The people who drink Budweiser and Bud Light are the people who buy cheap beer. Whether it’s at a bar or stocking up for a party, it’s like buying chips or pizza, you aren’t thinking too hard about it. Miller or Busch or PBR or Coors or Old Style or Michelob or any other roughly equivalent beer (half of which are also owned by AB) works just as well. Budweiser gave people a reason to think about their beer, and didn’t give anyone a reason to think positively about their beer. If you are looking at the available options, and one of them is associated with bigotry, you’re going to pick anything else.

      • @orclev@lemmy.world
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        192 years ago

        A vanishingly small percentage. The kind of people that care about inclusivity and LGBTQ+ rights aren’t the kind of people that drink Budweiser. Their core demographic skews very heavily to the dude bro side of things. They pissed off a significant chunk of their existing customers, and then by immediately backtracking lost any potential new customers they might have picked up. They basically made the worst possible set of decisions they could have.

        • @SCB@lemmy.world
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          192 years ago

          The kind of people that care about inclusivity and LGBTQ+ rights aren’t the kind of people that drink Budweiser

          It’s so weird that people actually think this is true.

          • @orclev@lemmy.world
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            92 years ago

            I can count on one hand with fingers left over the number of people I know who drink Bud or Bud Light, and every last one of them is deeply conservative.

            • @SCB@lemmy.world
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              72 years ago

              Oh well if you’ve got such hard-hitting science behind you I guess I just look silly.

              • @orclev@lemmy.world
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                2 years ago

                I mean I’ve provided just as much data as you have. Your stance is “it’s weird people think this”, and my response is that’s because that’s what people experience. Obviously if everyone you know who drinks Bud is conservative, you’re going to associate those two. I’ve never seen anything to suggest that isn’t the case, and you’ve provided no evidence to counter that either.

                • @SCB@lemmy.world
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                  2 years ago

                  Budweiser products have a level of market share (still, even today, after a fairly big hit) that defies political leanings. Their market share was hurt by both political reactions to this complete non-issue of a marketing idea.

                  The politicization of beer is dumb, as a general rule.

                  Gays and straights, rich and poor, people just drink beer they like (and, often, can afford to drink in bulk)

            • @Trainguyrom@reddthat.com
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              22 years ago

              My anecdata is similar. The only people I know who drink budd/miller/any other cheap crap beers also happen to be trump voters

      • @SCB@lemmy.world
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        142 years ago

        Bud Light sells at gay bars the same as any other beer lol

        Gay people are just normal people.

        • @captainlezbian@lemmy.world
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          42 years ago

          Yeah I think a lot of people think of us as more urbane and refined, and yes, I do definitely feel that our community and culture encourages that. But also I’ve met plenty of dudebro gay guys that would reach for a bud same as their friends. Hell I’ve met nonbinary folks who are as hick as it gets.

      • @captainlezbian@lemmy.world
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        62 years ago

        Yeah that’s the question. Like I’d’ve stopped buying their beer over them caving if I hadn’t stopped buying their beer over it tasting eerily similar to some nonalcoholic beers.

        If you cave to conservative backlash and stop supporting me then I stop supporting you.

      • Unaware7013
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        32 years ago

        I generally won’t drink Bud, but I used to tolerate it at shows just to get something alcoholic that wouldn’t break the bank. As is, I’d rather spend more than have two shitty tastes in my mouth…

    • @Masterchief117@lemmy.world
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      192 years ago

      Worst part was they hung Dylan out to dry. She didn’t ask for the partnership, they wanted to use her for her demo. Then, when bigots started losing their minds, they threw her under the bus. They offered zero guidance or support of any kind. After unleashing the hate and vitriol of assholes across the country, silence. Fuck everyone involved at InBev.

    • @Ensign_Crab@lemmy.world
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      62 years ago

      This is gonna be in PR textbooks one day, if it isn’t already. It’s a shining example of what not to do in the face of a moral panic.

      • @RGB3x3@lemmy.world
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        42 years ago

        I’m almost certain the best move in the face of moral panic is to stay the course.

        Acquiesce to the bigots and you piss off your supporters too.

      • @Asafum@feddit.nl
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        22 years ago

        Manipulator&Sons PR Advice for major corporations:

        Step 1) (mostly applies to Americans) Hire a propaganda specialist to monitor current news propaganda cycles that will inform marketing on current minefields.

        Step 2) Don’t step in political minefields created by said propagandists.

        Step 3) Profit.

  • Flying Squid
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    1242 years ago

    Note that they still gained revenue. The idiots not buying Bud Light just bought another of the bajillion beers AB Inbev owns.

    • @rockSlayer@lemmy.world
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      672 years ago

      And not just gained revenue, but 5.4 god damn billion dollars. “Hurting” my ass. They can give me some of that so they can keep milking this bs

      • FuglyDuck
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        92 years ago

        Hey, if they wanna give me some of that billions, I’ll let myself get dehydrated and give them my piss.

        I mean, it tastes the same, probably.

    • @foggy@lemmy.world
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      262 years ago

      Reminds me of when the US was in some soccer related match against Belgium, and AB In-Bev decked their Budweiser cans out in American flags.

      Idiots everywhere. ‘yeah gimme an America beer to support team USA!!’

      …Those sales went to a Belgian owned conglomerate.

      • bioemerl
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        122 years ago

        Nothing is more American than global trade and purchasing shit from our allies, nothing wrong with that

    • @givesomefucks@lemmy.world
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      192 years ago

      What I don’t get is all the people pointing out Bud Light doesn’t taste good like it’s a recent discover or new change…

      Like, do you all really think people are out their drinking shitty light beer because they like the taste?

      They’re drinking it because it’s cheap and they can drink a case a day by themselves.

      Hell, back in college if someone showed up with Budweiser, they got shit for wasting money on “expensive” beer. Normally everyone just bought whatever was the cheapest option, because how it tasted was the absolute lowest priority when getting enough booze for 50-100 broke college kids to binge drink.

      • @ki77erb@lemmy.world
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        2 years ago

        What’s funny is that you can spend less money on some cheap ass bottom shelf wine that has a higher alcohol content. You get drunk faster, for less money and you don’t have to drink as much if that’s your goal. You just won’t look cool being the kid showing up to the rager with bottles of Bare Foot or Yellow Tail.

        • @hightrix@lemmy.world
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          32 years ago

          You can’t use wine in a beer bong. Or, maybe better said, you shouldn’t. Nor can you do a keg stand with bottles of wine. Wine beer pong sucks, a lot, I’ve played it. I’d rather put whiskey in the cups.

          While I agree with you in terms of efficiency, wine just doesn’t work for drinking games the same as beer.

  • @negativeyoda@lemmy.world
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    2 years ago

    I didn’t understand that campaign… Bud Light has always been the wilfully shitty and boring beer that appeals to (and I’m trying to be diplomatic here… ) blue collar types or those that don’t really have a discerning palate.

    Millennials and Zoomers by and large don’t drink that much beer. Gender neutral/accepting club kids don’t drink beer. If they’re drinking anything, it’s likely cocktails or white claw. In the odd event they went for beer it would be something quirky or higher quality than Bud fucking Light. Presumably Bud was trying to appeal to that crowd since their chief demographic is stagnant, but Bud Light was silly to not go after a group adjacent to their core audience but instead court a fickle segment of the population who doesn’t give half a fuck about what they’re selling and moreover is full on HATED by who already consumed their beer. Bud has decades of cultural weight about being a conservative, blue collar beer… that matters for better or worse

    For the record: I’m glad a brand like Bud (who I have zero love for) made overtures to the trans community… even if it was crass commercialization. From a purely capitalist perspective, it made zero sense for a brand like Bud. What’s worse, due to Bud’s misstep, bigots now feel emboldened and other brands might make the decision to not be inclusive after watching this play out

    Trans allies (and open minded folks in general) by and large moved on from tasteless American adjunct lagers a decade ago and drink completely different beer. Bud is a relic. Trying to give it a hurried makeover won’t suddenly make it cool. Jumping into the culture war fray and folding the instant bigots complained just fucked things up Bud’s appeal for anyone whose attention they had

    • @SCB@lemmy.world
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      2 years ago

      Beer is the preferred alcoholic beverage of 69% of men aged 18 to 29, 65% of men aged 30 to 49, 52% of men aged 50 to 64, and 39% of men aged 65 and older

      Millennials and Gen Z drink beer at higher rates than other generations

      Trans allies (and open minded folks in general) by and large moved on from tasteless American adjunct lagers a decade ago and drink completely different beer. Bud is a relic.

      This does not hold up, mathematically.

    • @Drivebyhaiku@lemmy.world
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      22 years ago

      I will say that the trans community where I am definitely are beer drinkers but overwhelmingly the vibe is locally produced stuff. I know at least two trans folk who run breweries. Maybe folk who conquer the lows of discontentment with one’s body and place in society to finally live as their most authentic self despite the cultural blowback are gunna be a little more aspirational in their self care than Bud Lite?

      Just sayin…

  • Discoslugs
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    402 years ago

    My mom drinks bud light because she can drink all day and still use power tools with relative safety.

  • @Burn_The_Right@lemmy.world
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    392 years ago

    Conservatism is a plague of oppression. If you are not with them, you are against them.

    The disease of conservatism is long overdue for a cure. Do your part by teaching your children why it is inappropriate to keep relationships with conservatives

  • @mctoasterson@reddthat.com
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    352 years ago

    InBev is anus and their generic beers are mostly horrible. People should have already been boycotting them long ago for being a soulless international conglomerate.

    Chances are there is a local or regional brew that corresponds to whatever mass market swill they produce, and people should drink those small local brewery offerings instead.

    • @Beetschnapps@lemmy.world
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      2 years ago

      No no, tasting like piss is not the issue here. They never once complained about drinking the worst made beer ever.

      Clearly the issue was someone once gave 6 beers to someone they don’t like.

      I mean, once that person posted on social media… well bigotry requires that they must shout about people “shoving this issues down my throat” and act like an asshole.

      I mean that person who got 6 free beers posted a fucking picture about in the internet… can you believe that? From now on you gotta buy piss from someone else. I bet they’re not “woke” in South Africa…

      /s

    • I want bud light to die because it’s shitty beer. I don’t want bud light to die like this because homophobes will think they won something.

      • ChaoticNeutralCzech
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        12 years ago

        It shines bad light on Budweis (České Budějovice), home of the best beer in the world (second only to another Czech town Plzeň/Pilsen)

    • @broface@lemm.ee
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      2 years ago

      for being a soulless international conglomerate.

      I think this rhetoric would hit harder if the alternatives were willing to sacrifice profit to give us a better deal.

  • @kttnpunk@lemmy.world
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    2 years ago

    Really doubt it was because of this one incident, conservatives just sensationalize anything to do with trans people. Like… Budwieser is a trash product. Everyone knows it. Anybody with taste buds who wants to drink will grab anything else.
    But ofc it makes business sense to blame it on us trans people, like this was anything, like Budweiser ever did shit for us in the first place…

    • DrMango
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      282 years ago

      Iirc they backed a trans influencer drawing conservative outrage, then, after realizing that the conservatives were a large part of their customer base, they did a 180 and publicly cut ties with the influencer thereby also alienating the customers they hoped to gain in the first place while also not gaining back much of their conservative customers.

      Someone feel free to fact check me I’m drawing on memory here.

    • But ofc it makes business sense to blame it on us trans people, like this was anything, like Budweiser ever did shit for us in the first place…

      You realize it’s just more rage bait right? The parent company here complaining has seen increased growth in subsidiaries like Corona because the lot getting bent out of shape over bud light just bought other bear made by the same parent company. They didn’t lose money it’s just coming from different beers now. Fuck the wall street noise here

    • @books@lemmy.world
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      82 years ago

      I mean, I don’t drink it, but to say. It’s awful isn’t accurate. It’s just not for you. As nature cat said, “don’t yuck someone else’s yum”

      As an amateur home brewer I’ve always been amazed by the consistency of these large lager producers. I brewed a couple lagers and they were neither good nor consistent.

      • @alienanimals@lemmy.world
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        82 years ago

        “Have you ever tried to set up your own internet service provider? It’s actually really difficult and we should be thanking Comcast for all the hard work they do.”

        • @dogslayeggs@lemmy.world
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          32 years ago

          Did the person ever say you should thank Budweiser for what they do? Did they ever say you should like Budweiser? Your extremely stretched analogy is terrible.

          What they did praise was Budweiser’s consistency. Does Comcast have good consistency? No. What they did say was it’s very difficult to achieve that consistency, and that is an impressive thing to do. They never said you should like the product, nor did they say they like the product. But clearly a lot of people do like the product, unlike Comcast.

            • @dogslayeggs@lemmy.world
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              22 years ago

              Yes, you didn’t say that, but you implied it with your analogy. If you didn’t think that the person was saying those things, then what point were you making with your analogy? Your analogy was Bud = Comcast and How Much I Like Bud’s Beer = How Much I Like Comcast’s Service… but the person never said they like Bud’s Beer and never said you should. So if you don’t think the person was saying those things, then what point WERE you trying to make?

    • FaceDeer
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      32 years ago

      The article’s talking about a drop in beer sales this year. Did its awfulness increase significantly in that period?

    • @Poutinetown@lemmy.ca
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      12 years ago

      Honestly their Belgian beers (Leffe and Hoegaarden) are not bad for commercial beers. Probably not as good as local low volume brewery, but definitely better than Bud/Corona

  • @corroded@lemmy.world
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    I’m only familiar with the “controversy” from the headlines, but I don’t quite understand what pissed off the conservatives so much. Budweiser just sent this person a custom-branded 6-pack or something, right?

    Every company sells their product to people from all walks of life, it’s just not always publicized. The fact that they choose to rage against Budweiser of all brands is just ridiculous to me. Now if they were complaining about the quality of the beer, that I might understand.

    • Guy Ingonito
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      162 years ago

      Rightwing influencers need content just like every other influencer. They found out about the promotion and then went to work making the videos that would drive their audiences absolutely insane over this nonsense.

    • Lizzy Wizzy
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      42 years ago

      To them, simply recognizing a trans person as their name or gender they present as is enough to mean that you want to groom children. So because Busch didn’t call Dylan a “he” or whatever her dead name was, suddenly Busch is supporting the indefinite rape of children. Their minds only go to the absolute extremes, and the only way to make them back down from their ingrained views is to be a family member or friend who knows them personally.