Bud Light Sales Decline as Backlash and Criticism Continue

Bud Light's sales continue to decline due to backlash from a promotion with a transgender influencer, leading to a decline in revenue and earnings for Anheuser-Busch. The company's partnership with the Ultimate Fighting Championship (UFC) has also faced criticism. Despite the decline, Anheuser-Busch reported better-than-expected quarterly results, beating forecasts for revenue and volumes. However, Bud Light's loss of its top-selling position in the U.S. due to a conservative-led boycott continues to impact U.S. revenues.