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Excerpt from www.stltoday.com
ST. LOUIS — Beer sales in North America are still down for Anheuser-Busch InBev while its spirits brands are growing, the Belgium-based brewer shared with investors during its most recent earnings call Wednesday.
The first quarter report of 2024 comes over a year after A-B sent transgender influencer Dylan Mulvaney a can featuring her face, which she shared in a video, leading to public outcries by some conservatives for a boycott.
A-B revenue was down almost 9% in the U.S. and Canada, due to a volume decline of nearly 10%, A-B InBev CEO Michel Doukeris said Wednesday morning.
Yet, Doukeris called A-B’s beer sector in the U.S. resilient, with “beer volumes improving sequentially through the quarter and dollar sales continuing to grow versus last year.”
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