The most recent trading session ended with Anheuser-Busch Inbev (BUD) standing at $64.78, reflecting a +0.42% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.3%.Shares of the brewer have depreciated by 0.86% over the course of the past month, underperforming the Consumer Staples sector's gain of 0.2% and the S&P 500's gain of 5.78%.The investment commun ...

While the Bud Light "genie" offered to grant any wish during the beer maker’s Super Bowl commercial, one former Anheuser-Busch executive cautioned the high-dollar advertising attempt didn’t win back customers. "They haven't done a good job of climbing out of this ditch at all. You still have sales that are down 30% week over week, and that's despite them last summer spending three times their planned marketing budget on Bud Light," Anson Frericks said on "Cavuto: Coast to Coast," Monday."The biggest problem ...

A conservative CEO says that Republican beer drinkers want a beverage that “truly supports their values” after former President Donald Trump defended rival brand Bud Light.In 2023, Bud Light launched a controversial partnership with transgender activist Dylan Mulvaney that sparked an immediate, months-long boycott from the beer-drinking community.Trump, however, tried to soothe things over with the beer brand earlier this week by saying that Bud Light’s parent company Anheuser-Busch “is not a woke company” ...

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Republican presidential candidate and former U.S. President Donald Trump attends a Nevada caucus night party at Treasure Island Resort & Casino in Las Vegas, Nevada, U.S. February 8, 2024.Former President Donald Trump wrote a social media post earlier in the week asking his supporters to give Anheuser-Busch a "second chance" after UFC president Dana White personally asked him to back the beer company, a source told CNBC.Anheuser-Busch last year suffered a major backlash over its Bud Light marketing prom ...

Budweiser has brought back its iconic Clydesdale horses in the company’s Super Bowl ad, as Anheuser-Busch touts a more traditional branding message after last year’s Bud Light controversy.The ad, entitled “Old-School Delivery,” marks the Clydesdale’s 46th Super Bowl appearance. A Labrador also features prominently in the ad, which Anheuser-Busch InBev ABI, -1.14% BUD, -1.67% describes as “a timeless message of resilience and determination that defines both the Budweiser brand and the American spirit.”“I thi ...

Caitlyn Jenner endorsed Donald Trump’s hot take on Bud Light, calling it an “incredible American company” despite continued backlash over the beer giant’s controversial ad campaign starring transgender influencer Dylan Mulvaney.“They made a huge mistake and have paid a large price,” the conservative reality TV star shared to X on Tuesday, referencing Mulvaney’s April 2023 social media posts cracking open a Bud Light — which have since been attributed to beer sales’ decline to their lowest level since 1999. ...

After nearly a year of suffering sales since Bud Light's fateful partnership with transgender activist Dylan Mulvaney, the beleaguered brand is still looking to make a comeback.  Parent company Anheuser-Busch InBev is spending big on Super Bowl ads and forming new partnerships in an effort to rekindle Americans' affinity for the beer that reigned as top-seller in the U.S. for more than two decades before its fall. While Bud Light may not be restored to its former glory any time soon, one expert believes it ...

Anheuser-Busch InBev shares saw their best one-day rise in three months on Wednesday after getting an endorsement from former President Donald Trump, who said people should give the brewer a second chance. In Brussels trade, the stock ABI, +3.96% BUD, +2.94% rose 4%, its best single day of gains since a 5% rise on Oct. 31. Trump took to his Truth Social social-media service to author a post about declining Bud Light sales. Sales in the U.S. have tumbled since transgender star Dylan Mulvaney made a social ...