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Bud Light Sales Decline, AB InBev Beats Forecasts
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Bud Light's sales continue to decline in the United States, leading to a decline in Anheuser-Busch InBev's bottom line. The company reported a 13.5% decline in third-quarter US revenue per 100 liters due to the ongoing backlash against Bud Light. However, AB InBev beat forecasts for the third quarter, with revenue rising 5% to $15.57 billion and volumes falling 3.4%.
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How will Keurig Dr Pepper's investment in South Carolina contribute to its growth?
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