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Bud Light Sales Decline, Starbucks Reports Strong Earnings, Anheuser-Busch InBev Beats Forecasts
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Overview
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Bud Light's sales continue to decline due to backlash from a transgender influencer promotion and a marketing partnership with the UFC. Starbucks reports better-than-expected quarterly earnings and revenue driven by pricier drinks. Anheuser-Busch InBev, the parent company of Bud Light, beats forecasts for the third quarter but faces challenges in the U.S. market.
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How can Bud Light recover from the backlash and partnerships?
What impact does the decline in Bud Light's sales have on Anheuser-Busch InBev's bottom line?
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