Anheuser-Busch Statement Slammed Amid Bud Light Boycott: 'No Apology'
Bud Light's parent company, Anheuser-Busch, came under fire for its statement outlining plans to support frontline workers and wholesalers as conservatives continue to boycott the brand.The beer brand earned the ire of conservatives when it collaborated with transgender influencer Dylan Mulvaney.
In April, Bud Light sent the TikTok star a commemorative series of beer cans with her face on it to mark the one year since she started her gender transition.But conservatives did not like the partnership and called for a nationwide boycott which saw Anheuser-Busch's stock price take a massive hit for weeks on end, until the week ending Friday, June 16.
The company had been trading at about $55.16, but in the past week, its shares rose to $58.86.On the same Friday, Anheuser-Busch's CEO, Brendan Whitworth, issued a statement outlining "three important actions" to "move the company forward" after weeks of the boycott campaign.
He told the beer's consumers that "we hear you."Whitworth explained the company would first invest in protecting the jobs of its frontline employees and would also provide "financial assistance to our independent wholesalers to help them support their employees."The company is also launching its summer advertising campaign next week which would be "reinforcing what you've always loved about our brand—that it's easy to drink and easy to enjoy.""As we move forward, we will focus on what we do best—brewing great beer and earning our place in moments that matter to you.
