Beer Business Daily – beer industry news and numbers

Wall Street: “Time to Move on” from Bud Light Controversy

Dear Client:  Scale matters. The proof: AB Inbev posted the worst quarterly performance in a generation in its largest and most profitable market, and Wall Street … yawns.  Turns out it's good to be the king, as the world's largest brewer was able to diffuse the North American results in a sea of global scale. After the Q2 print, the stock dipped a little (~50 cents), but investors had long ago priced-in the Bud Light controversy, and they're apparently moving

You need a subscription to access this article.Login now or subscribe to get daily industry insights!

Channels