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Keyword: inbev

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  • AB InBev Stock Falls as Altria Announces Plans to Sell Shares in Bud Light Maker

    03/17/2024 7:24:08 AM PDT · by T.B. Yoits · 28 replies
    Investopedia ^ | 3/14/2024 | Bill McColl
    Altria is selling off part of its 10% stake in Anheuser-Busch InBev, valued at about $2.2 billion. The tobacco giant said it would use the proceeds to purchase its own shares. Anheuser-Busch InBev has been hurt by the loss of Bud Light sales related to the boycott over the beer maker's relationship with transgender influencer Dylan Mulvaney. American Depositary Receipts (ADRs) of Anheuser-Busch InBev (BUD) slumped more than 5% Thursday after Altria (MO) slashed part of its 10% stake in the beer maker at a discounted price. Altria announced that it would be selling 35 million of its 195 million...
  • Anheuser-Busch to Sell 8 Craft Brands to Tilray

    08/09/2023 6:57:35 AM PDT · by Subcutaneous Fishstick Blues · 4 replies
    BREWBOUND ^ | Aug. 7, 2023 | Justin Kendall and Zoe Licata
    Tilray Brands is acquiring eight craft brands from Anheuser-Busch InBev in a blockbuster all cash deal announced today. Tilray – the Canadian cannabis firm that is quickly shedding that standalone image – will acquire the following brands once the deal closes later this year: ... [Sorry, rest of the article is behind a paywall. Couldn't find this at any other site. But the 8 brands are Shock Top, Breckenridge Brewery, Red Hook, Blue/Point, hi*ball energy, Widmer Brothers, 10 Barrel Brewing and Square Mile Cider.]
  • REPORT: Distributors Giving Up On Bud Light As They No Longer Expect Beer Giant To Recover From Dylan Mulvaney Fiasco

    08/01/2023 6:38:45 AM PDT · by Red Badger · 53 replies
    Daily Caller ^ | July 31, 2023 9:05 PM ET | ANDREW POWELL
    The embarrassment is real for Bud Light. Several distributors of Anheuser-Busch beer say they have accepted the fact they’ve lost money — and a lot of it — due to consumers boycotting Bud Light. And not just that, but they’ve also given up completely on trying to win back customers who have been negatively affected by the anti-American beer’s Dylan Mulvaney campaign, according to the New York Post. Hiring freezes and layoffs have been going on for four months, while some beer truck drivers have been slammed with hecklers and other harassment while Bud Light’s sales have tanked over 25%....
  • It Just Keeps Getting Laughably Worse! Bud Light Hit Again With A Wave Of Embarrassment After Another Twitter Roasting

    07/11/2023 11:04:12 AM PDT · by Red Badger · 37 replies
    Daily Caller ^ | July 11, 2023 11:59 AM ET | ANDREW POWELL
    Seriously, man … how embarrassing can one company get? For over three months since its partnership with transgender influencer Dylan Mulvaney, beer giant Bud Light has been getting rocked with embarrassment on a daily basis. For both Bud Light and its umbrella brand Anheuser-Busch, sales have completely tanked. And speaking of that umbrella, it’s been getting slammed with heavy rain as Anheuser-Busch’s stocks have come down as well. And what’s been A-B’s plan in an attempt to get out of their Mulvaney disaster? To just simply act like nothing ever happened. Instead of just owning up to their stupidity and...
  • Budweiser Catches Flak Over ‘Disgusting’ Fourth Of July Message

    07/05/2023 12:29:57 PM PDT · by Red Badger · 36 replies
    Daily Wire ^ | By Katie Jerkovich • Jul 5, 2023
    Budweiser was criticized by social media users over a Fourth of July message the company posted Tuesday. In the 30-second ad, F-16 pilot Lt. Col. Dan Rooney provides a voiceover promoting the partnership between the beer brand and Rooney’s educational scholarship program, Folds of Honor. It comes amid a massive backlash against Bud Light, which is owned by the same parent company as Budweiser, over its partnership with transgender activist Dylan Mulvaney. “Budweiser has believed in Folds of Honor for 13 years,” Rooney said in the voice over. “Today, we honor our veterans and the 44,000 scholarships awarded to their...
  • 'I don't understand how this appeals to Bud Light's target market of transgender youth': Embattled brand is mocked again for its 'desperate' ad featuring masculine 'grunts' from Kansas City Chiefs star Travis Kelce

    07/04/2023 1:54:49 PM PDT · by Morgana · 38 replies
    Daily Mail UK ^ | July 4, 2023 | Noa Halff
    Despite Bud Light's expectations, their new advertisement, featuring Kansas City Chiefs star Travis Kelce, failed to salvage their reputation in the aftermath of the Dylan Mulvaney controversy. As sales continue to plunge, Bud Light released a 15-second commercial on Sunday showing Kelce cracking open a can of beer and aggressively grunting with several other men. The ad, titled 'Backyard Grunts with Travis Kelce,' is being labeled as another 'desperate' effort to regain support and has faced criticism online, with the majority of comments claiming the brand is attempting to save face once again. The new advert appears to be an...
  • Bud Light Posts New Ad on Twitter - Crack a cold one: we've got an epic summer ahead. Sock tans included.

    06/22/2023 12:57:28 PM PDT · by T.B. Yoits · 28 replies
    Twitter ^ | 6/22/2023 | @budlight
    New Bud Light Ad on Twitter - Crack a cold one: we've got an epic summer ahead. Sock tans included.
  • No, Modelo and Bud Light are not owned by the same company in the U.S. Bud Light’s parent company had to give up ownership of the Modelo brand in the U.S. due to a federal settlement agreement.

    06/16/2023 4:53:19 PM PDT · by Morgana · 17 replies
    Varify This ^ | June 16, 2023 | Megan Loe, Brandon Lewis
    Some people have vowed to boycott Bud Light in recent months over the beer brand’s partnership with social media influencer Dylan Mulvaney, who is transgender and has publicly documented her experience transitioning online. Both Mulvaney and Bud Light have faced intense anti-trans backlash online since the partnership was announced in April. The controversy has also led to multiple false claims, including that Anheuser-Busch’s CEO resigned and the entire marketing team was fired. Now, after more than two decades as America’s best-selling beer, Bud Light has fallen to second place. Modelo Especial overtook Bud Light in U.S. retail dollar sales in...
  • The Culture War Moves to a New Phase

    06/08/2023 8:53:38 AM PDT · by Red Badger · 15 replies
    Daily Signal ^ | Neil Patel / June 07, 2023
    Left-wing nutballs have had the upper hand in America’s culture wars for a long time. They are hyperaggressive and focused on pushing America in a radical direction. They push their agenda on school boards, in local and national political venues, and on many corporations. To date, resistance has been isolated to a small number of dedicated conservative activists. Most Americans just want to get along whenever possible, not fight about sensitive social issues if they can help it and, most of all, not be mean to people. That’s a laudable attitude in general, but when up against radical, ideologically driven...
  • Bud Light’s Brand Is So Trashed It Can’t Even Give Beer Away For Free

    05/25/2023 5:43:32 AM PDT · by Red Badger · 89 replies
    Federalist ^ | MAY 25, 2023 | BY: SAMUEL BOEHLKE
    It’s official: Anheuser-Busch can’t even give its product away for free after its transgender publicity stunt. According to images shared on Twitter, stores in the Midwest are attempting to “sell” cases of Bud Light beer for free before they get skunky on the shelves, with the company offering up to a $15 rebate on products sold this Memorial Day weekend. Twitter user Michael Haz shared pictures of displays from two stores in beer-loving Wisconsin with the infamous brand attempting to offload 20-packs, originally priced at $15, for free after a rebate. Notice that even with the freebie, the displays are...
  • Bud Light sales continue to plunge with 24% drop in latest week since Dylan Mulvaney disaster

    05/16/2023 6:18:13 PM PDT · by CFW · 30 replies
    NYPost ^ | 5/16/23 | Lisa Fickenscher
    Bud Light suffered its fifth straight week of worsening sales drops since the Dylan Mulvaney controversy began — stoking doubts about whether the mega-brand can recover as the crucial summer beer-drinking season begins. Nationwide retail sales of Bud Light sales dropped 23.6% versus a year ago during the week ended May 6 — slightly worse than the 23.3% decline for the week ended April 29, according to data from Bump Williams Consulting and NielsenIQ data. Sales of other Anheuser-Busch brands also continued to drop, albeit at a slower rate than the week before. Those included Budweiser, down 9.7% versus an...
  • Marketing Guru Behind Iconic Bud Light Ads Blasts ‘Self-Inflicted’ Dylan Mulvaney fFasco

    05/10/2023 2:31:18 PM PDT · by nickcarraway · 33 replies
    New York Post ^ | May 10, 2023 | Lisa Fickenscher
    Anheuser-Busch’s former chief creative officer — whose iconic ads included the “I Love You, Man” commercials and the talking frogs — blasted the company’s Belgian parent InBev over Bud Light’s Dylan Mulvaney fiasco. “It took us 20 years to take Bud Light beer to the No. 1 beer in the country, and it took them one week to dismantle it,” Robert Lachky told the St. Louis Post-Dispatch this week. Anheuser-Busch has suffered from “a complete lack of corporate oversight, and it’s been that way since (InBev) took the company over,” he added in the Monday interview.
  • The 3 likely ways Bud Light disaster might end – and only one is good news

    05/09/2023 7:04:02 PM PDT · by Rummyfan · 40 replies
    Fox News ^ | 9 May 2023 | Dan Gainor
    Warning: If you work for any major woke corporation, you’d better sit down for this. What all the corporations fear is the Bud Light boycott works. Suppose rational people decide they don’t want someone mocking women as the spokesperson of the product they use. Then, all dozen or so companies that already have deals with Mulvaney are at risk. And not just them, any company that foists woke garbage on its customers suddenly might face the music or simply face customers who go to less-woke competitors. That’s why Bud Light doesn’t want anyone to remember. It can’t risk it.
  • Former Anheuser-Busch CEO arrested for trying to fly helicopter while allegedly intoxicated

    07/14/2017 10:32:25 AM PDT · by KeyLargo · 58 replies
    bizjournals.com ^ | July 11, 2017
    Former Anheuser-Busch CEO arrested for trying to fly helicopter while allegedly intoxicated Jul 11, 2017, 3:33pm CDT Updated Jul 11, 2017, 4:13pm CDT Former Anheuser-Busch CEO August Adolphus Busch IV was arrested in Swansea Monday night after police say he tried to fly a helicopter while allegedly intoxicated. According to a statement from the Swansea Police Department, officers at 12:48 p.m. were dispatched to a report of a helicopter landing, for an unknown reason, at 1 Bronze Point, Swansea. Upon their arrival the helicopter was already on the ground in a parking lot. Assessment of the area and safety of...
  • Budweiser’s 2017 Super Bowl Commercial Goes Full Social Justice Warrior

    02/01/2017 7:03:10 AM PST · by Enlightened1 · 85 replies
    Youtube ^ | 01/31/17 | Mark Dice
    Budweiser’s Super Bowl 2017 commercial is a pro-immigration propaganda piece, which will undoubtedly turn off half of their customers, who are already voicing their disapproval of the ad online. It's called "Born the Hard Way." Media analyst Mark Dice has the story.https://www.youtube.com/watch?v=oCH5ARvtPO0        
  • EU opens probe of global beer giant AB InBev

    06/30/2016 7:01:16 AM PDT · by Olog-hai · 7 replies
    Associated Press ^ | Jun 30, 2016 8:35 AM EDT
    The European Union opened an investigation Thursday into global beer giant AB InBev to determine if it has abused its dominant position in Belgium by hindering cheaper imports of its products from neighboring countries. EU officials said there are suspicions the company, based in Leuven, Belgium, may be pursuing a deliberate strategy to block imports of its beer from less expensive countries, including France and the Netherlands, to the pricier Belgian market. …
  • Budweiser maker buying Colorado's Breckenridge Brewery

    12/23/2015 4:13:15 PM PST · by Olog-hai · 22 replies
    Associated Press ^ | Dec. 23, 2015 5:58 PM EST | Colleen Slevin
    One of Colorado's largest and oldest craft breweries is promising beer lovers that nothing will change even though it's being bought by beer giant Anheuser-Busch, a brand many of them love to hate. Under a deal announced Tuesday, the maker of Budweiser said it was acquiring Breckenridge Brewery for an undisclosed amount and adding it to its craft and import brand unit, The High End. The deal comes as major beer industry players try to make inroads in a niche market that has captured more than 10 percent of beer sales in recent years. ...
  • Budweiser losing the battle with craft beers

    02/26/2015 6:53:09 PM PST · by SamAdams76 · 179 replies
    New York Post ^ | February 26, 2015
    Anheuser-Busch InBev is having a tough time getting millennials to crack open a can of Budweiser. The world’s biggest brewer said Thursday that falling unemployment and “premium” brands are boosting overall beer sales in the US, its biggest market. But the company is struggling to market Bud — the 139-year-old American brand with blue-collar roots — to younger drinkers, who prefer craft brews and bourbon.
  • Budweiser brewer AB Inbev sees sharp profit drop

    05/07/2014 4:10:36 AM PDT · by Olog-hai · 39 replies
    Associated Press ^ | May 7, 2014 4:16 AM EDT
    The maker of Budweiser and Stella Artois beer says its first quarter net profit slumped by almost 24 percent despite rising sales volumes. AB InBev SA, the largest global brewer, said Wednesday net profit fell to $1.4 billion in the January through March period from $1.8 billion in the same quarter a year earlier. …
  • Flailing Anheuser-Busch Tries New Beers, Intimidation

    03/29/2012 9:43:21 AM PDT · by B Knotts · 111 replies
    Newser ^ | 3/29/2012 | Kevin Spak
    (NEWSER) – Anheuser-Busch InBev is desperate to turn its sales around. Sure, it's still the biggest beer company in the US, but shipments have fallen for three straight years, thanks to the growing popularity of small, independent craft brewers. But this year Budweiser's got a plan, president of North American operations Luiz Edmond tells the Wall Street Journal: It's going to produce more beers, while leaning on distributors not to carry the competition. Anheuser will introduce 19 new products this year, its biggest rollout since the InBev merger. Some will aim to compete in the craft market, like additions to...