Coog97 said:
200K+ views... 221 likes
Absolutely glorious!
Ha! So 221 of their management org chart then?
Coog97 said:
200K+ views... 221 likes
Absolutely glorious!
Probably going to be a **** ton of expiring beer in regional distributors warehouses.torrid said:Yeah, for when it started self-identifying as real beer.Stat Monitor Repairman said:
Does Bud Light still have a 'born on date'?
StoneCold99 said:— Anheuser-Busch (@AnheuserBusch) April 14, 2023
This is 100% confirmation that they were absolutely demolished sales-wise in the past week.
(Not that we didn't already know)
Agreed, but here is the problem. The generations after Gen X are demanding that all products take a stance on social issues including their own employees. And those stances are almost always left wing because those are the people who constantly whine and ***** about everything.Tramp96 said:This right here. It goes along with what I said earlier this week that these corporations have too much time on their hands if they can afford to get involved in politics and social engineering stuff.deddog said:StoneCold99 said:
The funniest part is their use of "heartland" and "freedom" and "hard work".
Some PR firm made millions off of that statement that says absolutely nothing but tries to say "we're sorry republicans" without actually saying it to stay woke.
This **** is why consumer businesses shouldn't get into politics. They can't apologize because that would piss off the rest of the country
Make the best product you can, workout the best distribution chain you can, do sound marketing research, and sell your product. That's all you need to do.
yes i understand, i'm just saying the earnings call will cover performance through march and this ad campaign didn't launch until 4/11. slowing manufacturing and throwing discounts is not going to cover this whole mess, not by a long shot. if you're saying they're going to have to disclose those actions on the 5/4 call and could send the stock lower at that point, i agree. but i think august is when it really hits the fan.DallasAg 94 said:Alcohol isn't a recoverable sale. If their sales in the past week are down, it is because people drank something else, not because they waited a week to buy what they were going to buy.ac04 said:
AB's next earnings call is on 5/4, but that will only cover through march. so this likely won't completely shake out in the stock price until we hit the august call. we'll check on the stock after that.
By 5/4, they'll know where their run rate is and if they will need to slow manufacturing and how much discount they have to throw to consumers to meet sales numbers.
Alcohol in general killed it during COVID. I have family and friends in the business. They cleaned up.Stat Monitor Repairman said:
Major brewers had a huge windfall during covid.
Talked to an AB driver during the lockdown and he said delivery volume was like July 4th week every week during covid.
How did they turn around and **** that up.
All they had to do to be successful is do nothing. But they just couldn't get it done.
Sometimes the best decision is to not do anything.
...and reparations.Moral High Horse said:
I want a free 24 pack with a picture of Trump on it and a seasonal commemorative Heterosexual brew released every year. Then all will be forgiven.
Old May Banker said:
Yeah... that's a major "we ****ed up" letter.
The person responsible should be terminated immediately. We all know that won't happen, and we all know why: because it's a woman.Quote:
Platitudes. I don't see any accountability in that statement.
b_rad said:
Boycott and continue to bury AB. It's too bad that there are still too many folks out there still buying nike. Would love them to feel some pain and regret too.
Redassag94 said:
Biggest take away. They are more afraid of the LGBTQIAP mafia than they are of middle America. Thing is those that might drink Bud Light short term because a dude cosplaying as a little girl drinks some Bud Light will not make up for stubborn middle America that will ditch the brand forever. I know people that STILL won't watch baseball because of the 94 players strike, or those that gave up on the NFL because of Kapernick, or won't by GM because of the bail out. This is something that could stick and be a market share they will never get back.
Space-Tech said:
Sales on the week are meaningless.
Stock is what investors care about. They are even on the week.
Notice how the CEO didn't mention that they are reevaluating their partnerships or marketing strategies.
In the end it is incredibly ironic that the "anti-cancel culture" conservative couldn't help themselves but beg for attention on tik-toc (something themselves want to ban right now) as they pour out bud light that they had bought themselves or run it over with a truck (Ford & Chevy both support lgbt+ policies) an replace it with Miller, who if anything has been pro-lgbt longer than any other brewery.
Get a grip. We are not going back to the 50's.
— Mostly Peaceful Memes (@MostlyPeacefull) April 14, 2023
— Mostly Peaceful Memes (@MostlyPeacefull) April 14, 2023
— Mrs. Brassenstein (@MBrassenstein) April 14, 2023
Too late pic.twitter.com/HtqyXwIP9z
— Daniel Hernandez (@Brownmoose64) April 14, 2023
Coog97 said:
200K+ views... 221 likes
Absolutely glorious!
Seriously, that press release says absolutely nothing. Blah, blah, blah...we make beer. Blah, blah, blahStoneCold99 said:— Anheuser-Busch (@AnheuserBusch) April 14, 2023
This is 100% confirmation that they were absolutely demolished sales-wise in the past week.
(Not that we didn't already know)
Having already incurred the wrath of their core consumers, they know that apologizing for using Dylan Mulvaney as a brand ambassador will incur the wrath of "Progressive" activists.
— Clifton Duncan (@cliftonaduncan) April 14, 2023
This is a frightened CEO, cowed into addressing the issue, but saying nothing.
What a disaster. https://t.co/jiIk3gLH4k
None of my kids or their friends are demanding this. It's only the liberal freaks that are. We all know people like this are the loud minority.YouBet said:Agreed, but here is the problem. The generations after Gen X are demanding that all products take a stance on social issues including their own employees. And those stances are almost always left wing because those are the people who constantly whine and ***** about everything.Tramp96 said:This right here. It goes along with what I said earlier this week that these corporations have too much time on their hands if they can afford to get involved in politics and social engineering stuff.deddog said:StoneCold99 said:
The funniest part is their use of "heartland" and "freedom" and "hard work".
Some PR firm made millions off of that statement that says absolutely nothing but tries to say "we're sorry republicans" without actually saying it to stay woke.
This **** is why consumer businesses shouldn't get into politics. They can't apologize because that would piss off the rest of the country
Make the best product you can, workout the best distribution chain you can, do sound marketing research, and sell your product. That's all you need to do.
There is no way around it at this point.
There was no apology in thereOld May Banker said:
Yeah... that's a major "we ****ed up" letter.
All good examples. This may have long term consequencesQuote:
I know people that STILL won't watch baseball because of the 94 players strike, or those that gave up on the NFL because of Kapernick, or won't by GM because of the bail out. This is something that could stick and be a market share they will never get back.
I wonder what the Busch family thinks about this. Do they still drink Anheuser-Busch beer?StoneCold99 said:— Anheuser-Busch (@AnheuserBusch) April 14, 2023
This is 100% confirmation that they were absolutely demolished sales-wise in the past week.
(Not that we didn't already know)
An camel is a horse designed by committee.Sgt. Schultz said:Seriously, that press release says absolutely nothing. Blah, blah, blah...we make beer. Blah, blah, blahStoneCold99 said:— Anheuser-Busch (@AnheuserBusch) April 14, 2023
This is 100% confirmation that they were absolutely demolished sales-wise in the past week.
(Not that we didn't already know)
Any rational capitalist company should stay entirely out of politics and social issues. Their job is to provide a product of some kind and sell them. Their job is to make a profit for the owners, not to push any particular political viewpoint.YouBet said:Agreed, but here is the problem. The generations after Gen X are demanding that all products take a stance on social issues including their own employees. And those stances are almost always left wing because those are the people who constantly whine and ***** about everything.Tramp96 said:This right here. It goes along with what I said earlier this week that these corporations have too much time on their hands if they can afford to get involved in politics and social engineering stuff.deddog said:StoneCold99 said:
The funniest part is their use of "heartland" and "freedom" and "hard work".
Some PR firm made millions off of that statement that says absolutely nothing but tries to say "we're sorry republicans" without actually saying it to stay woke.
This **** is why consumer businesses shouldn't get into politics. They can't apologize because that would piss off the rest of the country
Make the best product you can, workout the best distribution chain you can, do sound marketing research, and sell your product. That's all you need to do.
There is no way around it at this point.