Current:Home > InvestBud Light slips again, falling behind Modelo and Michelob Ultra after boycott -Summit Capital Strategies
Bud Light slips again, falling behind Modelo and Michelob Ultra after boycott
View
Date:2025-04-12 03:33:24
More than a year after a consumer boycott drained the sales of what was once the nation’s most popular beer, Bud Light still has a hangover.
New sales data show Bud Light has slipped in the rankings behind Modelo Especial and Michelob Ultra.
Modelo Especial – a Mexican import sold by Constellation Brands that is the official beer sponsor for Team USA in the Olympics – stole Bud Light’s crown as the No. 1 selling beer at grocery and convenience stores across the country in May 2023 amid fallout over a promotional campaign with a transgender influencer. Now Michelob Ultra – also brewed by Anheuser-Busch – has overtaken Bud Light in the No. 2 spot.
Bud Light represented 6.5% of beer dollar sales in U.S. stores in the four weeks ended July 6, behind 9.7% for Modelo Especial and 7.3% for Michelob Ultra and, according to an analysis of NielsenIQ data from Bump Williams.
Modelo’s rise was accelerated by a conservative backlash when Dylan Mulvaney posted an Instagram video about a personalized beer can that Bud Light had sent her as a gift.
“While dollar sales aren’t quite back into the ‘positive’ yet, the declines for the brand have improved dramatically and retailer support continues to improve week after week,” the consulting firm’s CEO Bump Williams told USA TODAY.
He also said that "retailer support" continued to improve "week after week."
Target Bud Light backlashExpect fewer rainbow logos for LGBTQ Pride Month
Anheuser-Busch issued a statement that Bud Light “will always be a mainstay of our iconic portfolio.”
“Millions of consumers choose Bud Light every day and we continue to invest in partnerships with the NFL, UFC, and renowned musicians,” the company said.
Major brands such as Bud Light and Target came under attack during Pride Month that year for marketing and merchandise celebrating the LGBTQ community. Sales tumbled and Bud Light lost its status as the nation’s top-selling beer. It remained a target of online attacks for the rest of the year.
The strategy to crush so-called rainbow capitalism by branding companies as “woke” became known as Bud Lighting.
In February, former president Donald Trump urged his supporters to give Bud Light a “second chance” because Anheuser-Busch is not “a Woke company.”
veryGood! (83841)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- $1.2 billion Powerball drawing nears after 11 weeks without a winner
- Small plane spirals out of sky and crashes into Oregon home, killing two
- Fatal shooting by police draws protests and raises questions in north Alabama
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- 'The Exorcist: Believer' review: Sequel is plenty demonic but lacks horror classic's soul
- Mining company employee killed in western Pennsylvania mine accident
- Shooting survivor brought to tears by Kim Kardashian after Skims shapewear saves her life
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Costco is seeing a gold rush. What’s behind the demand for its 1-ounce gold bars?
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- The flight attendants of CHAOS
- The Masked Singer Reveals This Vanderpump Rules Scandoval Star as The Diver
- Taco Bell's Lover's Pass offers 30 back to back days of free tacos for just $10
- Small twin
- Inside Cameron Diaz and Nicole Richie's Double Date With Their Husbands Benji Madden and Joel Madden
- Pope Francis: ‘Irresponsible’ Western Lifestyles Push the World to ‘the Breaking Point’ on Climate
- With an audacious title and Bowen Yang playing God, ‘Dicks: The Musical’ dares to be gonzo
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Stealing the show: Acuña leads speedsters seeking October impact in pitch clock era
Uganda briefly detains opposition figure and foils planned street demonstration, his supporters say
Arizona is canceling leases that allow Saudi-owned farm unlimited access to state's groundwater
South Korean president's party divided over defiant martial law speech
Taco Bell's Lover's Pass offers 30 back to back days of free tacos for just $10
A Texas official faces criminal charge after accidentally shooting his grandson at Nebraska wedding
Ciara Shares Pivotal Moment of Ending Relationship With Ex Future