Article content
It’s not just Bud Light feeling the heat.
As the beer brand continues its spiraling free fall that has customers avoiding the signature blue cans like the plague, that contagiousness is spilling over into Anheuser-Busch’s other brands.
Article content
Anheuser-Busch, Bud Light’s parent company, also houses Budweiser, Stella Artois, Michelob Ultra and Hoegaarden, just to name a few.
Retail sales of Bud Light in the U.S. were down 23.4% year over year in the week of April 29 — declining even more from the week before when sales fell 21.4%, according to Bump Williams Consulting and NielsenIQ data obtained by the New York Post.
Advertisement 2
Article content
That same week, Budweiser took a sales hit of 11.4% while Michelob Ultra, the third-best-selling beer in the U.S. behind Bud Light and Modelo Especial, was down 4.4%.
RECOMMENDED VIDEO
Anheuser-Busch’s smaller U.S. brands also took a hit; the Natural Light brand saw a 5.2% drop and Busch Light’s sales fell 1.8%.
“It’s not just a Bud Light issue,” chief executive Bump Williams told the Post. “It’s an Anheuser-Busch portfolio problem now.”
Bud Light and Budweiser are the only Top 10 U.S. beers whose sales have dropped this year, with declines of 3% and 0.4%, respectively.
On April 1, transgender influencer Dylan Mulvaney announced her partnership with Bud Light, which almost immediately kick-started the brand’s woes.
Advertisement 3
Article content
“If Bud Light doesn’t fix its trend by the end of this month, it will continue to lose market share because it will lose Memorial Day. That kicks off the summer season,” Williams told the paper.
“There has to be a sense of urgency for InBev (Belgium-based giant that bought out Anheuser-Busch) to correct these trends.”
-
‘UNMITIGATED DISASTER:’ People don’t want Bud Light, even if it’s free
-
Bud Light could lose top dog status to Modelo after trans flap: Beer expert
-
‘SHOCKING:’ Bud Light sales take 26% nosedive from last year
Instead, drinkers are turning to other beers like Coors Light and Miller Light, both of which saw their sales increase by more than 20% sales year over year in the week ended April 29, according to the data.
Pabst Blue Ribbon and Keystone Light were also up 18.9% and 15%, respectively, over the same period.
Meanwhile, Pennsylvania brewer Yuengling has launched limited-edition cans to support vets in what is being perceived as a savvy marketing move that could appeal to former Bud Light customers.
America’s oldest brewery announced the release of the patriotic can that “help raise awareness and support services for America’s veterans,” The Mercury reported.
The cans feature a unique desert camouflage print and the logo of its partner, military nonprofit Team Red, White & Blue.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest For Top Stories News Click Here
Comments
Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.
Join the Conversation