Anheuser-Busch Reports Strong Earnings, Avoids Mention of Bud Light Boycott

Anheuser-Busch InBev reported higher quarterly sales and profit as consumers bought more of its premium beers.
The company's earnings report made no mention of a boycott of Bud Light prompted by a marketing campaign with a transgender social media influencer.
Bud Light sales plunged after the company partnered with influencer Dylan Mulvaney, triggering threats against wholesalers and calls to dump the brand.
Anheuser-Busch said it would step up marketing spending for Bud Light and speed up new ad production.
Analysts estimate Anheuser-Busch will earn $3.23 per share in 2023 on $62.2 billion in revenue.