Bud Light sales might never fully regain the ground they have lost to competitors. That doesn’t mean Anheuser-Busch InBev BUD 0.55%increase; green up pointing triangle, and its stock, can’t ultimately recover from the fracas.
The global brewer, which accounts for around one of every four beers sold worldwide, on Thursday posted surprisingly strong results despite cratering Bud Light sales. Revenue in the second quarter rose 7.2% from a year earlier—much faster…