Bud Light owner’s revenue drops by almost $400 million following backlash

By Asher Notheis

Published August 3, 2023 6:40pm ET

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Bud Light owner’s revenue drops by almost $400 million following backlash — Anheuser-Busch, the brewing company that owns Bud Light, reported a nearly $400 million loss in the second quarter following pushback from consumers over a partnership with transgender activist Dylan Mulvaney. A second-quarter report from the company revealed its revenue fell by 10% in the United States, while its sales in U.S. retailers went down by […]

Anheuser-Busch, the brewing company that owns Bud Light, reported a nearly $400 million loss in the second quarter following pushback from consumers over a partnership with transgender activist Dylan Mulvaney.

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