The scale of the conservative backlash against Bud Light was revealed on Thursday when owner Anheuser-Busch InBev reported a sharp drop in US revenue over the past three months.
The world’s largest brewer saw its second-quarter revenue in the US – its largest market – drop 10.5% after a rightwing backlash over a partnership with a transgender influencer led to a sales drop. Operating profits dropped nearly 30%.