Posted on 05/10/2023 12:42:13 PM PDT by Red Badger
The stock of Bud Light parent company Anheuser-Busch has been downgraded by analysts at HSBC who say the brand is in the midst of a “crisis” following the outcry over its ties to transgender social media influencer Dylan Mulvaney.
Carlos Laboy, a managing director at HSBC’s global beverage sector, downgraded the stock of Anheuser-Busch InBev to a hold status — meaning that investors should neither buy or sell shares of the company.
Laboy said that the backlash to the Mulvaney branding partnership is a sign that there are “deeper problems than ABI admits,” according to a note that was first reported by CNBC.
“Is ABI’s leadership getting the brand culture transformation right? It’s mixed,” Laboy wrote in a note that was published on Wednesday.
“At Ambev, we think the answer is ‘yes;’ in the US, we think it’s ‘no’,” Laboy wrote.
“The way this Bud Light crisis came about a month ago, management’s response to it and the loss of unprecedented volume and brand relevance raises many questions.”
“Why did its US leadership underestimate the risk of pushback given the recent experience of other firms?” Laboy wrote.
“Is A-B hiring the best people to grow the brands and gauge risk?”
“If Budweiser and Bud Light are iconic American ideas that have long brought consumers together, why did these marketers fail to invite new consumers without alienating the core base of the firm’s largest brand?” Laboy asked.
(Excerpt) Read more at nypost.com ...
Otherwise,who thought a tranny in a bubble bath would appeal to bud light drinkers?
Otherwise,who thought a tranny in a bubble bath would appeal to bud light drinkers?
Too bad, there’s Miller Lite and there must be some local brews that are just as good.....................
If I was in Wisconsin I’d be drinking Spotted Cow for walking around beer. Followed by Hamm’s, Grainbelt, getting thirsty just thinking about it :-)
Daily Mail goes into fine detail on the debacle.
Maybelline, L’oreal, and more. https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fwww.nebeep.com%2Fcontent%2Fuploads%2F2017%2F01%2Fmaxresdefault-11-scaled.jpg&f=1&nofb=1&ipt=ed9b0f5d72f5e0951138fcd79e2a5c4ea5ec8f988d627e809edebb1f1ede30cb&ipo=images
I never drink light beer. Unless it’s the only beer provided at someone else’s party. So I can’t actively participate in the Bud Light boycott.
However, I do like a few of the other products in their portfolio. I have stopped buying anything produced by AB. There are other choices. I’m doing what I can to let them know that this madness must stop.
One of the funny things about his tub video is that he only takes a sip of the BL a time or two at most. He dances and prances and shimmies and blows the bubbles instead of swigging the beer. He’s a complete dolt and totally self-absorbed. BL chose poorly!
Exactly. More than just beer.
Tampax, too. Where the hell is Dylan gonna stick that thing?
Thank you. We gotta keep up the heat. Make sure they hear us LOUD and CLEAR.
It’s so easy to make your own...better beer at a fraction of the cost.
That’s awesome! My store looks the same way.
Totally agree. It’s piss water.
How about a good Russian Imperial Stout? I support the homemade Ruskies.
I couldn’t find the parent company. But it’s among the big 10.
Is that the same Hamm’s beer that was a joke back in the 90s in Florida? It was even cheaper than Milwaukee’s Worst or Keystone. It was $6.99 for a case of 24 beers.
I don’t know anyone who actually LIKED that ber other than minors looking to get someone buy the cheapest beer possible.
The elitist mind set of woke culture is finally pi##ing off enuf people. These Ivy League butthole graduates think we’re second tier citizens and they rejoice, they’re eager to stomp us underfoot. They hate America and our revered traditions. They spit on us. We common folk know this.
Link doesn’t work for me. Says it’s missing something.
I should start drinking again so I can boycott them too!.................
You have to do the Free trial thing, Since I contribute to his research, I got on his email list.
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