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Bud Light, Target Bleeding Money As Conservatives Boycott. The Dollar Amount Is Staggering
Daily Caller ^ | 26 May 2023 | Brianna Lyman

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 ...


TOPICS: News/Current Events
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To: ronnie raygun

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.


41 posted on 05/27/2023 10:28:30 AM PDT by pepsionice
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To: Rummyfan

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.


42 posted on 05/27/2023 10:29:40 AM PDT by 2manydegrees
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To: Rummyfan

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.


43 posted on 05/27/2023 10:32:23 AM PDT by US_MilitaryRules (#PureBlood)
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To: Boiler Plate

Blackrock is behind all of this


44 posted on 05/27/2023 10:37:20 AM PDT by Donnafrflorida (Thru Him all things are possible.)
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To: Rummyfan

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.


45 posted on 05/27/2023 10:37:34 AM PDT by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne )
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To: Donnafrflorida

But who is behind Blackrock?


46 posted on 05/27/2023 10:38:26 AM PDT by proust (All posts made under this handle are, for the intents and purposes of the author, considered satire.)
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To: proust

A guy named fink ...


47 posted on 05/27/2023 10:44:26 AM PDT by bankwalker (Repeal the 19th ...)
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To: Donnafrflorida

And behind them is the WEF.

Good article

https://12ft.io/proxy?q=https%3A%2F%2Fwww.theepochtimes.com%2Fin-depth-transgender-movement-has-dangerous-hidden-motivations-says-former-lgbt-activist_5279272.html


48 posted on 05/27/2023 10:52:27 AM PDT by Boiler Plate ("Why be difficult, when with just a little more work, you can be impossible" Mom)
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To: Rummyfan

“they may return to profitability.”

Projected profit for 2023: $3.7 billion


49 posted on 05/27/2023 10:55:26 AM PDT by TexasGator
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To: Rummyfan

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.


50 posted on 05/27/2023 10:58:47 AM PDT by bigbob (Q)
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To: Boiler Plate

“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.


51 posted on 05/27/2023 11:07:33 AM PDT by Justa (If where you came from is so great then why aren't Floridians moving there?)
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To: Rummyfan

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.


52 posted on 05/27/2023 11:09:55 AM PDT by Falconspeed ("Keep your fears to yourself, but share your courage with others." Robert Louis Stevenson.)
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To: Rummyfan

North Face is next.


53 posted on 05/27/2023 11:11:49 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: Falconspeed

Bud Light is just a small part of a much larger conglomerate.


54 posted on 05/27/2023 11:14:33 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: faithhopecharity

The only reason I go to Target is to go into the women’s restroom and leave all the toilet seats up. ;0)


55 posted on 05/27/2023 11:14:53 AM PDT by super7man (Madam Defarge, knitting, knitting, always knitting.)
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To: ronnie raygun
Just came out of a beer distributor guy leaving with a case of bud.

Was he wearing a dress?

56 posted on 05/27/2023 11:16:58 AM PDT by BlackbirdSST (Trump or Bust! Long live the Republic.)
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To: Justa

When I rolled a 401k into an IRA I stipulated no Vanguard, no Blackrock, no ESG scoring.


57 posted on 05/27/2023 11:20:04 AM PDT by safisoft
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To: ronnie raygun

“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.


58 posted on 05/27/2023 11:24:51 AM PDT by BobL
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To: proust

“Boycott implies if they change, we’ll come back. They wish it was a boycott.”

Exactly


59 posted on 05/27/2023 11:26:23 AM PDT by Clutch Martin ("The trouble ain't that there is too many fools, but that the lightning ain't distributed right." )
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To: Impala64ssa
Is that what happened to Spuds MacKenzie? Geezus, the poor bastard. He had it good back in the day.

Subverted.

60 posted on 05/27/2023 11:40:18 AM PDT by Justa (If where you came from is so great then why aren't Floridians moving there?)
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