Has Budweiser/InBev really “backed away?”
It seems they are still stuck and haven’t really publicly recognized their mistake
Bud/InBev will not own their screw up.
Their attitude is that they are smarter than the rest of us.
Watch their stock price and watch for layoffs.
Another case of go woke, go broke.
Their distributors/delivery people have certainly seen the full impact.
One unusual aspect here, if you go down the board...these are business degree people but not necessarily in the beverage field, and I doubt if the board connects that much to the normal consumer of their product.
What’ll happen here is continued negative results, stock spiral, lesser profit, distributor discontent, and a stock-holder meeting will result in half the board being replaced. My belief is that the brand-name is toxic, and has to be gutted, and re-invented....with a new ad campaign, and start from ground-zero (figure a full-decade to recover).
They know the globalist elite responsible for ESG/ new world system have more power over them than the people. They fear antichrist.
So true...the corporate types are trying to spin that it was a big misunderstanding, rather than just gross stupidity.