Anheuser-Busch's chief US marketing officer steps down as sales continue to plunge in the wake of Dylan Mulvaney and Bud Light fiasco: World's biggest brewer reports 13.5% slump in revenue in the third quarter

Daily Mail UK ^ | November 15, 2023 | Will Potter

[Clutch Martin]

Dud AB fire that woke Havard grad yet?

[zeugma]

Stunning that their share prices went from $52 at the end of October to $61 as of today.... I sure don’t get it.

Institutional investors trying to cover for the wokesters.

[Macoozie]

. . .but Bud Lite tastes like shiiite.

Why does ANYBODY even drink it?

[butlerweave]

All they had to do was sell beer and STAY out of politics ,LOL

[cgbg]

“embark on a new chapter in his career”

Hopefully they still have openings in Russian nuclear power plants....

;-)

[cgbg]

In theory (in an efficient market with perfect information) the stock price represents the present value of future discounted cash flows.

Because of economies of scale (i.e., the factories are still open and costing money to operate even though some are running at well below production capacity) loss of revenue is disproportionately harmful to profitability.

In English what that means is if you flush a bunch of cash down the toilet (because you were a stupid pervert company) month after month forever the stock price will subtract the toilet cash from the other cash before multiplying by the cost of capital (equity portion) to get the stock price.

[navymom1]

That woman in marketing took down a giant. And she wasn’t even trying.

[Zathras]

This should have been done on Day One.
It won’t save AB

[newfreep]

[Morgana]

“Hopefully they still have openings in Russian nuclear power plants....”

How about the local sewer that would be more fitting.

[SunkenCiv]

Miscellany.

• Kid Rock Backs Off Bud Light: 'As a God-Fearing Man, as a Christian, I Have to Believe in Forgiveness' [11/16/2023]
• wokeism [11/16/2023]
• Atlanta Megachurch Pastor Brings Porno and Vibrator for Wild, Wild Sermon Illustration [11/16/2023]

  ---

• Nebraska Gov. Jim Pillen Warns Against 'Vague and Deceptive' Abortion Ballot Initiative [11/16/2023]
• Marjorie Taylor Greene Calls To Defund Rachel Levine's Salary To $1 Using The Word 'Castrate' [11/16/2023]

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• Goodbye: Barbara Streisand Pledges (Again) to Leave America if Trump Wins Again [11/16/2023]
• Paul Pelosi's Attacker Found Guilty of Attempted Kidnapping, Assault [11/16/2023]
• Santa Cruz Cannabis Business Owner Cases Thieves, Arrested for Attempted Murder [11/16/2023]
• 'Dumb' Caitlyn Jenner Proudly Uses the R-Word on Twitter -- But Misspells It [11/16/2023]

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• ECONOMY U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected [11/16/2023]
• The Fall of Minneapolis [11/16/2023]
• Smells Like Fed Spirit! Homebuilder Confidence Fall To 34 In November Due To High Interest Rates ... But 2024 Should See A Decline In Mortgage Rates [11/16/2023]

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• Pulse-pounding video shows NYC man flung to his death from hood of BMW while trying to stop carjackers [11/16/2023]

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• Eye drops recall: Throw away these products sold at CVS, Target, Walmart and Rite Aid [11/16/2023]

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• Kris Newby: Lyme Disease and America's Secret Bioweapons Programs [11/16/2023]
• Bloomberg Addresses if It Is 'Safe to Dine Indoors' Because 'Covid Is Back' [11/16/2023]
• Funeral party of 20 dines and dashes after racking up $500 bill [11/16/2023]
• Clyde's Restaurant Group Sued Over Alleged "Junk Fees" [11/16/2023]

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• Oregon State Professor Accused of Falsely Claiming Native Ancestry [11/16/2023]

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• Viva Las Vegas: MLB owners unanimously approve A's move from Oakland [11/16/2023]
• MLB Rumors: Oakland A's Move to Las Vegas Approved by MLB Owners After Fans' Protests [11/16/2023]

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• Sweden plans new nuclear reactors by 2035, will share costs [11/16/2023]
• France is cheesed off with EU camembert packaging rule: Fury as traditional round boxes are 'banned' by recycling law [11/16/2023]

[lgjhn23]

“..It would be caving to the narrow minded Neanderthals who were offended by the creep on the can...”

Oh, you mean their core customer base...lol...classic example of “go woke, go broke”.
They’re just like those big-time UniParty DC politicians that have reached to the point in their arrogance to where they think they can just ignore their constituencies without consequence, That’s why they hate their constituencies so much.

[CFW]

https://redstate.com/bonchie/2023/11/16/new-uncovered-documents-show-bud-light-lied-about-relationship-with-dylan-mulvaney-n2166433

“Uncovered Documents Show Bud Light Misled About Relationship With Dylan Mulvaney”

[linMcHlp]

Similar problems with "too late":

TOO LATE: US Army Removes COVID Vaccine Requirement for Recruits Following Historic Low in Recruitment Since 1973

The US Army discovers woke doesn’t win wars — but is it too late?

[GOPJ]

Bud Light sucks.

[Enlightened1]

BTTT