Beer giant Anheuser-Busch InBev’s Bud Light brand appears to still be reeling from the backlash over its controversial decision to partner with influencer Dylan Mulvaney, who identifies as transgender, last year.
In its first-quarter earnings results, published on May 8, the beverage maker—which also produces Stella Artois and Corona beer—reported a 2.6 percent increase in global revenues, largely because of sales of Corona, which grew by 15.5 percent outside of its home market of Mexico.