Bud Light Gets the Worst News as Competitor Threatens to Overtake Woke Company on Charts
Bud Light may stand to lose its first-place position among beers amid a conservative boycott of the brand.
Data obtained by the New York Post shows that a competitor to the brand may be zeroing in on its place as the most popular beer in the world.
Modelo Especial is nearing Bud Light’s place in sales, according to data from the marketing research firms Bump Williams Consulting and NielsonIQ, the Post reported.
Modelo isn’t owned by Anheuser-Busch, Bud Light’s parent company.
Constellation Brands brews the beer under license of Grupo Modelo, a Mexican company.
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Bud Light suffered a 25.7 percent drop in sales the week of May 20, the Post reported.
In contrast, Modelo Especial sales increased 9.2 percent.
JUST IN: Modelo is on pace to surpass Bud Light as the world’s number 1 beer brand after Bud Lig …