Yes, they will be fine even if they shut the Bud Light division down. They are more than Bud Light.
Something to consider is how they dominate markets with swill that anyone with any respect for their body would not ingest!
the point is to send a message, 6-7 Billion is a message to shareholder that they best start yanking some chains.
Nice post keep it up
I don't think that's how tax write-offs work. And are you saying that every company would benefit from losing $7 billion in expected sales?
They may be fine in the long run but be assured this is a lesson the industry won’t soon forget. I doubt we will be seeing more breweries positioning themselves with trannies.
Buy the Dip.
Faggot beer….
That’s where fascism comes in. To prevent little competition
One thing I have seen in 40 years in the markets - stocks may not react as you expect them to, certainly not in the short-term.
Right now, because of banks failing and fears of recession, it seems stock pickers are flocking to consumer brands - “recession-proof, reliable cash-flows, etc”. InBev may benefit from that trend.
But that doesn’t matter. Bud is certainly in the corporate lime-light now, and their CEO and management are, without a doubt, on the hot seat, both publicly, and in the board room.
Moreover, even if I was the only person in the world “boycotting” - I would still do it. I don’t need Bud Light to survive, and I have lots of other choices.
You don’t get to write off business that doesn’t come in. If a burger joint has a show month and can’t attract customers… think that gets a write off ?
Fagggt beer.
there have been a lot of articles
last one i read was the dailymail
i think the articles
remind everyone
i for one am really looking forward to the 2q report
The company’s latest quarterly reporting was for the period ending March 31st, prior to the Mulvaney advertising campaign. That reporting doesn’t take into account the current drop in sales and orders that have occurred since then. I suspect when this quarter’s numbers are released sometime in July we will see a drop in the share price.
Also, who is currently buying stock and keeping the price close to the 52 weeks high? Is it institutional buyers? Buyers such as Vanguard, Fisher Asset, Edge Capital, Morgan Stanley etc.? Or, is it individual retail investors? That makes a difference when it comes to perceived customer support and actual customer support. When this quarter’s earnings reports are released this summer, that will tell the true story.
For me it is not a boycott. Not sending a message or making a statement.
A-B has made it clear they do not want my business so they will no longer get it. The success or failure of AB in the long run is not my problem. Other people can do what they want.
On the other hand, A-B has made it easy for trans-curious to signal their interests.
The day to day stock price is nothing more than noise. It’s meaningless. See what happens when they continually lose sales.
An opinion piece does can never be a bombshell. There has to be significant actual news.
Of course, they’ll be fine. But a message was sent and appears to have been received.
I don’t drink much beer and, when I do, it’s nothing from their portfolio.
Lately, I’ve been sipping vodka, Ukranian vodka actually
It’s not about the beer company, per se.
Annheuser-Busch is doing all it can to change the narrative. Wonder if anyone was paid to write and disseminate this article. Much of the Bud Light on retail shelves will not be sold prior to the expiration dates. The losses are continuing. Decent rational people don’t want to be associated with a beer linked to perversion or even associate with people who buy it or drink it.
Since you don’t know what a tax write-off is, the rest of your article is useless to even read.