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The Latest Breaking News from AB InBev

Bubbling Profits For AB InBev Despite Bud Light Boycott

The world's largest brewer AB InBev on Wednesday toasted a jump in profits in the first quarter, despite a drop in beer sales driven by a Bud Light boycott in the United States.

International Business Times

Olympic Deal Shows Bubbling Market For Zero-alcohol Beers

For the first time this summer, as sportswomen and men strive for victory in Paris, spectators will be able to sip the official beer of an Olympic Games.

International Business Times

Despite $1 Billion Sales Hit, Bud Light Reports Profit Surge

Despite suffering a significant sales loss of over $1 billion due to the Bud Light boycott, AB InBev still experienced profit growth.

International Business Times

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AB Inbev Increases Dividend, No New Share Buyback

AB InBev increases dividends to reward investors amidst industry challenges. Share buybacks not announced.

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Olympics brings on its first beer brand as a global sponsor — Budweiser's AB InBev

The International Olympic Committee has signed the first beer brand in the 40-year history of a sponsorship program that earns billions of dollars for the organization and international sports

The Independent UK

Investment billionaire hands son his $6.1 billion stake in the world’s biggest brewer

Not only did Max Telles inherit billions over the festive break, but also his father’s voting powers at the world’s largest beer maker.

Fortune

It wasn't just you—beers have had a challenging 2023 as well, from consumer boycotts and sobering volumes to 'stolen' breweries

The beer business was impacted by softer consumer demand and other unexpected tumult—but an up-and-coming beer category has offered some solace.

Fortune

European brewing giant's CEO on Russia stealing its flagship beer business: 'A very, very sad and unfortunate turn of events'

Jacob Aarup-Andersen says the loss will be reflected in year-end results: "We have taken the full hit of losing the ownership of the Russian business."

Fortune

AB InBev earnings climb but Bud Light backlash still weighs on North American sales

Anheuser-Busch Inbev says that revenue growth in most of its global regions was offset by a drop in North American sales

The Independent UK

Bud Light inks sponsorship with Dana White’s UFC as it struggles to find a way to impress American beer drinkers after trans-ad debacle

Bud Light to sponsor Dana White's popular combatants for the next six-years in bid to regain favor among American male consumers.

Fortune

The trolling of corporate America

Even companies making mild gestures of social responsibility are getting slammed with boycotts and lawsuits. Their hollow do-gooder rhetoric hasn't helped.

Fortune

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Fortune

Bill Gates is backing Bud Light: He's betting nearly $100 million on embattled AB InBev

The brewer has taken a huge financial hit from a boycott of Bud Light following a promotion with transgender influencer Dylan Mulvaney.

Fortune

CEOs can't succeed if U.S. politics are broken

Companies need to identify the issues on which they'll take a stand. Waiting for a crisis will be too late.

Fortune

Companies will need a 'cold risk-reward calculus' when it comes to social issues, Edelman's CEO says. Here's what they should consider

In a polarized world, companies will need to be more cautious about their public stances, says Edelman CEO Richard Edelman.

Fortune

Bud Light has started to win over Americans again, according to a Deutsche Bank survey

Bud Light was caught in a heated controversy in April over a collaboration with transgender influencer Dylan Mulvaney which gutted sales.

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Kiplinger

AB InBev Delivers Mixed Q2 Results As Bud Light Controversy Continues

The world’s largest brewer beat net income expectations but came in light on revenue.

Fortune

Bud Light parent AB InBev sees sales plunge $400 million in the U.S. following boycott

AB InBev, the world's largest brewer, has faced heat for an ad featuring a transgender influencer. Now, it's seeing the impact on Bud Light sales.

Fortune

Heineken CEO says businesses need to ‘stand for your values’ in wake of rival Bud Light’s transgender row

The Heineken CEO said that in an increasingly polarized world, it was important for companies to be "thoughtful" and "balanced."

Salon

Can DeSantis, Cruz take down Bud Light?

Both politicians are targeting the brand because of its partnership with transgender influencer Dylan Mulvaney

Zenger

DeSantis Targets AB InBev In Shareholder Lawsuit Amid Bud Light Controversy

Florida Governor DeSantis hints at shareholder lawsuit against AB InBev over Bud Light controversy.

Reason

Ron DeSantis Bullies Bud Light Like Elizabeth Warren Bullies Amazon

DeSantis talks a lot about freedom but increasingly only applies it to those who agree with him.

Fortune

Ron DeSantis says Florida could sue Bud Light's parent AB InBev

In a bid to revive his struggling campaign, the culture wars governor shifts his aim from Bob Iger’s Disney to Anheuser-Busch.

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