Subverted.
Posted on 05/27/2023 9:39:54 AM PDT by Rummyfan
Target and Bud Light have lost a whopping $28 billion combined amid marketing decisions geared toward transgender individuals, according to a report from Fox Business.
Bud Light promoted transgender influencer Dylan Mulvaney for its March Madness contest, costing parent company Anheuser-Busch nearly $19 billion in fallout, Fox Business reported Friday. Shares are also down 14% amid the boycotts.
Target was forced to pull some of its LGBTQ-themed items that catered to transgender individuals, cutting off more than $9 billion in market value with shares down 12.6%, according to the outlet.
(Excerpt) Read more at dailycaller.com ...
If you look at numbers...about sixty percent of old customers still procure the beer. But that missing 35-percent will create a tough situation to predict how much to brew, and deliver.
I would assume most beverage shops have cut the distribution level by 50-percent, and probably getting full discount (then some) for the pallet they receive.
You can function this way, but it can’t be a permanent thing without downsizing the brew goals.
Boycott isn’t the right word here, as several posters have noted. This is just consumer crowd-shift.
A guy dressing up as a dead movie star isn’t cool. It just isn’t. Only a fool would think otherwise.
I’m not a fool. Lumberjacks and Cowboys are cool. Put a picture of them on my beer cans.
A friend of mine went to Tilly’s to get some stuff for his kids. Even they had a tranny section. He walked out. No more Tilly’s.
Blackrock is behind all of this
I must have been born with a boycott gene, because 99.9% of the companies that Conservatives are asked to boycott, I either gave up long ago, or never used to begin with.
But who is behind Blackrock?
A guy named fink ...
And behind them is the WEF.
Good article
“they may return to profitability.”
Projected profit for 2023: $3.7 billion
They’re still profitable. Still, the share price reflects investors view of the value of the company and the longer the price stays down, the worse it gets for the executives who make these decisions. They’re counting on this blowing over before the next quarter and the beancounters are working overtime to find ways of offsetting these numbers to make it look like it was a good decision.
“Eventually Blackrock will feel the pressure.”
Not when they can plunder ppl’s 401Ks. If your 401K is invested in a mutual fund you’re supporting Blackrock’s DEI and ESG -and paying the management fees. IMO the only way to not support is to cancel the 401K. Even market funds pay the Pervo tax.
The woke Bud Light commercial with a fake woman has cost the beer company $15 billion. Target is removing the unethical clothes for children in southern states in America. Good news: promoting anti-Christian and anti-Ten Commandment products is triggering boycotts from 3/4 of the customers. Doh! The marketing departments are really dumb.
North Face is next.
Bud Light is just a small part of a much larger conglomerate.
The only reason I go to Target is to go into the women’s restroom and leave all the toilet seats up. ;0)
Was he wearing a dress?
When I rolled a 401k into an IRA I stipulated no Vanguard, no Blackrock, no ESG scoring.
“This is the problem with the majority we don’t stick together like the pukes do”
The Left doesn’t stick together, and arguably does not even boycott. They are FAR BEYOND such ‘quaint’ tactics. Go see the homes of conservative Supreme Court justices where they make life miserable for leaders (and their families) where they live...for example. Many other illegal tactics that they do, with government/police approval...think 1930s German Brownshirts, for starters.
“Boycott implies if they change, we’ll come back. They wish it was a boycott.”
Exactly
Subverted.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.