Bud Light continues to face severe challenges and shows no signs of recovery.

Since the ill-advised collaboration with Dylan Mulvaney and the March Madness promotion, the beer brand under Anheuser-Busch has been enduring a series of setbacks.

Now, the latest sales data paints a grim picture for the once-popular brand, OutKick reported.

According to data from Bump Williams Consulting and Nielsen IQ, sales by volume have plummeted by 29.5% for the week ending May 20 compared to the previous year.

In terms of revenue, sales have dropped by 25.7% during the same period.

The numbers speak for themselves: Bud Light is experiencing a devastating decline in sales. The situation is dire, and the repercussions are being felt across the board.

Anheuser-Busch Inbev’s stock has taken a significant hit since the beginning of April, with beers being sold for minimal prices. Unfortunately, there seems to be no relief in sight, as the downward trend persists.

Written by staff