08:06 AM EDT, 07/18/2024 (MT Newswires) -- Anheuser-Busch InBev's ( BUD ) Bud Light slipped to the number 3 spot of beer dollar sales in US stores in the four weeks ended July 6, The Wall Street Journal reported Thursday, citing a NielsenIQ data analysis by the consulting firm Bump Williams.

Constellation Brands' ( STZ ) Mexican import, Modelo Especial, held the top spot representing 9.7% of beer dollar sales in US stores, followed by 7.3% for Michelob Ultra and 6.5% for Bud Light, the report added.

Modelo Especial also outsold Bud Light in dollar sales and sales volume, the report said. Anheuser-Busch InBev ( BUD ) also makes Michelob Ultra.

Sales of Bud Light have declined since April of last year amid a backlash over a social media promotion with the transgender influencer Dylan Mulvaney, according to multiple media reports.

Neither Anheuser-Busch InBev ( BUD ) nor Constellation Brands ( STZ ) immediately responded to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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