They need to fall much more than the 8% mentioned inthe article.
They have, and it will only get worse. If I drink beer it was Budweiser. Never again! Hope InBev finds a good home for the horses, the last real studs in the company profile.
“Bud Light Maker Offers Distributors Free Beer, More Ad Spending After Dylan Mulvaney Backlash”
“Anheuser-Busch the country’s largest brewer, has pledged to boost its marketing spending on Bud Light, accelerate production of a new slate of ads, and give a case of Bud Light to every employee of an Anheuser-Busch wholesaler, distributors said.”
AB is reduced to giving away Bud Light to their distributors’ employees!
https://finance.yahoo.com/m/bbae8651-8942-32c4-9d56-d5d78f3c35b1/bud-light-maker-offers.html