What happened to Budweiser & Bud Light sales in 2024?

AB InBev, which owns Budweiser and Bud Light, said overall global sales topped $14.5 billion, but sales in the U.S. declined 9.1% during the Jan.-March 2024 period. Sales to retailers were down 13.7%, "primarily due to volume decline of Bud Light," the company said.

Why did Anheuser-Busch lose $27 billion in market value?

(Error Code: 233011) Bud Light maker Anheuser-Busch InBev has lost a whopping $27 billion in market value in the wake of its star-crossed partnership with Dylan Mulvaney — most recently slammed by a 4% stock drop this week.

Does a Bud Light boycott affect Anheuser-Busch's market capitalization?

Depending on how you cut it, Anheuser-Busch's market capitalization has decreased by around $4 billion since the Dylan Mulvaney ad was published. This figure is constantly shifting as the share price moves around. However, the drop does not prove that a boycott of Bud Light products alone has had this effect.