Molson Coors Sales Surge From Bud Light Boycott Lags Behind Expectations

Wednesday, 24 April 2024, 18:01

Citi analysts revealed that Molson Coors, benefiting from the Bud Light boycott, is witnessing a slowdown in sales growth. While the conservative-led boycott initially boosted the company's sales, the momentum seems to be fading. This suggests that the impact of the boycott on Molson Coors' performance might have peaked, according to the latest analysis.
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Molson Coors Sales Surge From Bud Light Boycott Lags Behind Expectations

Molson Coors' Sales Slow Down Post Boycott

When a conservative-led boycott hit Bud Light's sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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