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BUD / AB InBev manages to top earnings estimates despite Bud Light boycott

Anheuser-Busch parent company AB InBev reported mixed second-quarter earnings, beating on adjusted EPS while revenue fell short by $290 million. While consumer boycotts of Bud Light over an ad featuring trans personality Dylan Mulvaney tanked revenue and sales in the U.S., operating profits ticked up and sales volumes in foreign markets grew. Read More

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Posted: Aug 3 2023, 10:15

Author Name: Yahoo Finance

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