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Inflation hits beer sales at AB InBev as consumers push back on higher prices
Yahoo News ^ | Thursday, March 2, 2023 | Brooke DiPalma

Posted on 04/15/2023 8:27:27 PM PDT by linMcHlp

Americans are drinking less beer after Bud Light, among others, raised their prices.

In AB InBev's (BUD) latest quarterly results, the total volume of beer sold decreased by 0.9%. At the same time, total revenue grew 10.2% to $14.67 billion, with price increases a key driver of that. After price increases and "really complicated" weather in the month of December, CEO Michel Doukeris called the Q4 results in the U.S. a "one-off, complicated quarter" in a call with investors.

Last quarter, the average price of a 24-pack of 12 oz. beer went up nearly 8%, per NielsenIQ data that was cited by Bump Williams Consulting. AB InBev's brands saw some of the highest price increases.

Under its portfolio, the price of Bud Light went up 8.9% year-over-year in Q4, followed by Budweiser, up 8.7%, Stella Artois up 8.2%, and Michelob UItra, up 6.7%.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Weird Stuff
KEYWORDS: anheuserbusch; beer; buttwiper; getwokegobroke; gowokegobroke; homosexualagenda; inflation; queerbeer; sales
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To: TigersEye

And I included in my own comments that accompanied my OP, the following links, as a matter of interest, re beer sales snd distribution:

National Beer Sales & Production Data
https://www.brewersassociation.org/statistics-and-data/national-beer-stats/

National Beer Wholesalers Association - Industry Fast Facts
https://nbwa.org/resources/fast-facts/


21 posted on 04/15/2023 9:03:59 PM PDT by linMcHlp
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To: TigersEye

I have been trying to find online, beer sales data that is recent, and would interest Freepers who are searching for indications of the boycott effects.


22 posted on 04/15/2023 9:05:22 PM PDT by linMcHlp
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To: CFW

These are Fourth Quarter 2022 results which ended 12/31/22, way before the Tranny crap.

But I expect you are right. The press and leftists will ignore the fact that it was Q4 2022 results and will strongly imply the demand drop the past two weeks was due to price increases.


23 posted on 04/15/2023 9:21:53 PM PDT by ProtectOurFreedom (I don’t like to think before I say something...I want to be just as surprised as everyone els)
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To: linMcHlp

Yahoo is a bunch of liars. Anything they say, the opposite is more likely true.


24 posted on 04/15/2023 9:22:16 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: linMcHlp

Look at the 10 year chart. In USA:

https://www.wsj.com/market-data/quotes/BUD

BUD stock as been in a long-term general downward trend since September, 2016.

Elsewhere, I found that BUD Earnings per Share have been in a downward trend for the recent-most 3 year period.


25 posted on 04/15/2023 9:27:47 PM PDT by linMcHlp
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To: linMcHlp

They get their media this week to claim sales dropped b/c of high price. So...they will use that excuse in the next week or two for slashiing prices.


26 posted on 04/15/2023 9:30:36 PM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TV)
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To: linMcHlp

I should have included: Look for the “Advanced Charting” button.


27 posted on 04/15/2023 9:32:26 PM PDT by linMcHlp
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To: linMcHlp

LOL Inflation?! So that is the new story?


28 posted on 04/15/2023 9:51:10 PM PDT by madison10
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To: NWFree
I’ve been buying more than I used to.

Yep. Just not Bud.

29 posted on 04/15/2023 9:53:18 PM PDT by Allegra
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To: linMcHlp

The taste of all beers tasted like crap for me. It took awhile before I acquired a taste for it. So much so, it was becoming a problem so I quit over 20 yrs ago


30 posted on 04/15/2023 10:15:01 PM PDT by roving (👌⚓)
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To: NWFree

in general, I am not going to buy stuff that they have inflated .....I guess I don’t need a rib eye very often and I should just stop drinking soda but if I still need it, we’ll switch to store brand...same for other products....


31 posted on 04/15/2023 10:28:38 PM PDT by cherry
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To: Allegra

I have been avoidoing AB products for years. I 0refer to used Genesee products they ave a wide variety. My favs are Genesee Cream Ale and their spring Bock Beer.

https://www.geneseebeer.com/

AB should do well with their tranny market which makes up .05 % of the US population.That’s what happens when a corporation becomes consumed by it’s Corporate Social Index Number instead of profit.


32 posted on 04/16/2023 3:17:19 AM PDT by Candor7 ( ( Ask not for whom THE Trump trolls...He trolls for thee!)<img src=""width=500></img>)
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To: linMcHlp

Propaganda article written to mask the boycott.


33 posted on 04/16/2023 3:17:51 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: joma89

Publication date: Thursday, March 2, 2023


34 posted on 04/16/2023 3:31:16 AM PDT by linMcHlp
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To: CFW

https://www.linkedin.com/in/brooke-dipalma

Explains a lot.


35 posted on 04/16/2023 3:32:04 AM PDT by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
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To: linMcHlp

Bud CEO note to self: Take the freak off the can and replace with Clydesdale horses pronto


36 posted on 04/16/2023 3:36:12 AM PDT by chuckee ( )
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To: linMcHlp

Tone deaf company blames rise in price for lower beer sales, completely misses spending of “bud money” to marginalize women.


37 posted on 04/16/2023 5:14:53 AM PDT by Qwapisking ("IF the Second goes first the First goes second" L.Star )
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To: CFW

Don Jr and Trump want the protest stopped...Another Trump is a weasel moment.


38 posted on 04/16/2023 5:19:38 AM PDT by devane617 (Discipline Is Reliable, Motivation Is Fleeting..)
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To: CFW

I live deep in the Ohio Appalachian region. I stopped at my tiny local store/restaurant and asked about the Bud Light sales. They have not sold hardly any Bud Light or regular Bud lately. The people that have been buying Bud for years have switched brands.


39 posted on 04/16/2023 6:30:32 AM PDT by Doctor Congo
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To: Reno89519
their mentally ill man

I don't know if he's mentally ill, but he is an annoying little douche bag.

40 posted on 04/16/2023 6:51:37 AM PDT by Hardastarboard (Don't wish your enemy ill; plan it. )
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