Posted on 05/27/2023 9:39:54 AM PDT by Rummyfan
He was a she.
I seem to be missing out on all the fun. I don’t drink Budweiser and I don’t shop Target.
A real apology saying they know homosexuality is not normal would go a long way towards recovery.
Insane perverts.
Now it’s time to move onto Target, Disney and the Los Angeles Dodgers.
Spuds was great, as long as you didn’t think about it too much.
Not singing for Miller
Don’t sing for Bud
I won’t sing for politicians
Ain’t singing for Spuds
This note’s for you
-Neil Young
This post is the winner. If corporations don’y push this stuff their stocks get dumped.
As a perfect demonstration: think of the one product you should never use after consuming Bud Light. A motorcycle. So Harley teams up with Bud Light in a suicide pact. No other answer possible except the large investment firms.
https://harleyliberty.com/2023/05/22/can-you-believe-that-harley-davidson-did-something-this-stupid/
Classic. If memory serves, the Spuds knock-off in the video was extra fat.
BlackRock, Vanguard and StateStreet are calling the shots and they actually prefer if American Brands fold. It diminishes the nation’s identity, one corporation at a time. ESG funding now rules the day. Marxism 101.
No, they are dead. There is no longer room for an apology.
Unfortunately the media describes them as conservative boycotts because they want it to look like a fad that will die off when those crazy rednecks lose their attention because they are not that smart, so goes the narrative. They don’t want normal people to think that it is about normalcy. They want it to be about religion.
Now wait a minute...
Okay look.
Stock price affect valuation not revenues or profits.
Reporting stop drops as somehow lost money is nonsense.
Any report talking about a company losing money and referencing stock price or evaluation rather than sales or revenues numbers is fake news.
I hope target and ABInBev. Pay a heavy price for their stupidity but stock price fluctuations aren’t where it’s at
Sales and revenues, particularly compared to other businesses in their sectors are what matter.
To date we have lots of evendice Ab InBev has lost revenues and sales. Target not so much yet.
Good point. Two words: Sony rootkit. (Installation of serious malware on your PC if you put a Sony music CD in the optical drive.)
https://en.m.wikipedia.org/wiki/Sony_BMG_copy_protection_rootkit_scandal
Almost 20 years ago, and I haven't touched a Sony product since and never will again.
Sigh
They aren’t dead.
There is no danger that ABInBev or Target are going out of business
ABInBev definitely will need to lay people off, and size to the new reality that their news sales volume will be.. but they are not going out of business.
Losing 25% of your biggest brands sales is not fun, but they aren’t a company where those loses are going to bankrupt them. Target we don’t even know what if any real sales losses have happened and won’t until their next quarterly
(Bud Light, Target Bleeding Money As Conservatives Boycott. The Dollar Amount Is Staggering)
Excellent!!!
Enjoying this.
I was VP of Int’l Mkt for a company, had that company lost a FRACTION of what A.B. has lost because of a “marketing error”, I would have been tarred, feathered, and CHASED out of town! How they can still defend this “direction” is totally beyond me.
They ain’t seen nothing yet. Numbers shown are pre-Transapalooza.
Anheuser-Busch InBev SA/NV (BUD)
Major HoldersCurrency in USD
Breakdown
0.00% % of Shares Held by All Insider
6.19% % of Shares Held by Institutions
6.19% % of Float Held by Institutions
565 Number of Institutions Holding Shares
Top Institutional Holders
Holder Shares Date Reported % Out Value
Dodge & Cox Inc 25,302,353 Mar 30, 2023 1.46% 1,446,029,512
Manufacturers Life Insurance Co. 10,381,586 Mar 30, 2023 0.60% 593,307,655
Fisher Asset Management, LLC 9,648,869 Mar 30, 2023 0.56% 551,432,878
Royal Bank of Canada 6,967,609 Mar 30, 2023 0.40% 398,198,864
Capital International Investors 5,781,036 Mar 30, 2023 0.33% 330,386,216
Morgan Stanley 2,539,397 Mar 30, 2023 0.15% 145,126,542
Invesco Ltd. 1,930,723 Mar 30, 2023 0.11% 110,340,822
Arrowstreet Capital, Limited Partnership 1,957,874 Mar 30, 2023 0.11% 111,892,502
FMR, LLC 1,853,908 Mar 30, 2023 0.11% 105,950,845
Bank of America Corporation 1,821,799 Mar 30, 2023 0.10% 104,115,815
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
Dodge & Cox Stock Fund 17,639,700 Dec 30, 2022 1.02% 1,008,108,881
John Hancock Fds II-Fundamental Large Cap Core Fund 4,241,148 Feb 27, 2023 0.24% 242,381,614
American Balanced Fund 3,297,808 Mar 30, 2023 0.19% 188,469,732
Dodge & Cox Balanced Fund 2,481,500 Dec 30, 2022 0.14% 141,817,728
Fidelity Equity Dividend Income Fund 1,177,300 Feb 27, 2023 0.07% 67,282,696
Financial Investors Tr-Seafarer Overseas Growth & Income Fd 700,000 Jan 30, 2023 0.04% 40,005,001
Alps Ser Tr-Clarkston Founders Fd 465,000 Dec 30, 2022 0.03% 26,574,750
John Hancock Var Ins Tr-Fundamental All Cap Core Tr 404,101 Dec 30, 2022 0.02% 23,094,372
Fidelity Advisor Equity Income Fund 361,500 Feb 27, 2023 0.02% 20,659,725
Invesco Global Core Equity Fund 341,157 Dec 30, 2022 0.02% 19,497,123
Basically, Dodge & Cox is cruising for a bruising.
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