A top analyst argues that there are two main factors to blame for Bud Light's fall being Modelo's gain.
How Modelo Especial became America's No. 1 beer amid Bud Light's rapid decline
Modelo Tops Bud Light as America's Number One Beer, St. Louis
Now we know Sniper's Hide Forum
Bud Light Officially Dethroned
Now we know Sniper's Hide Forum
Modelo named top-selling beer in US for second consecutive month
Modelo Dethrones Bud Light as Top Beer in US
Bud Light sales plunge nearly 25% in latest week
Mexico's Modelo dethrones Bud Light as top-selling U.S. beer