Reported 12 days ago
Anheuser-Busch InBev's CEO Michel Doukeris affirmed that Bud Light sales have stabilized following a tumultuous year marked by a backlash over a marketing partnership with a transgender influencer. While the beer market as a whole is experiencing declines, Doukeris highlighted the company's commitment to its American roots and workforce. He announced a new stock buyback plan and reported an improvement in operating profit margins, indicating a cautiously optimistic outlook for the brand moving forward.
Source: YAHOO