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Bud Light crisis: It's unclear how U.S. volume drop will end, analysts say

The Ratings Game Last Updated: May 11, 2023 at 6:19 a.m. ET First Published: May 11, 2023 at 5:59 a.m. ET Cans of Bud Light beer are seen in Washington, Thursday Jan. 10, 2019. AP It’s unclear how Anheuser-Busch InBev will reverse eroding U.S. volume in light of the Bud Light crisis, analysts at HSBC

bud-light-crisis:-it's-unclear-how-us.-volume-drop-will-end,-analysts-say

The Ratings Game

Cans of Bud Light beer are seen in Washington, Thursday Jan. 10, 2019.

AP

It’s unclear how Anheuser-Busch InBev will reverse eroding U.S. volume in light of the Bud Light crisis, analysts at HSBC said in downgrading the stock to hold.

Sales of Bud Light have tumbled in the U.S. since Anheuser-Busch InBev BUD had a brief online marketing tie-up with transgender influencer Dylan Mulvaney.

HSBC cited data from Beer…

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