Corona Beer Reports $170M Loss Following Coronavirus Pandemic
Anheuser-Busch In Bev, the company that owns world-famous beers like Stella Artois, Beck’s, Budweiser, Bud Light, Hoegaarden, and Corona, reported that it had suffered almost 10% drop in sales. In the first quarter of 2020, the company forecasted a loss of about $170M in earnings