Anheuser-Busch performance last month… keep it up boyz!
(media.greatawakening.win)
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Not really that big of a swing ....
And their corporate leaders are assuming this is just a temporary issue and will blow over. We need to push the dagger all the way to the hilt.
https://finance.yahoo.com/quote/BUD?p=BUD&.tsrc=fin-srch
Click the 6 month tab, for the moment they are in a slide. So far their only response has been weak-ass "We're sorry you were offended" non-apology from the CEO and putting 2 of the morons responsible on paid leave. They also just came out with Bud Light camo print cans, hooray. That won't arrest the sales slide which has begun to creep into their other brands. OTOH, Coors & Yeungling reporting +20% gains over same period and lesser brands got a bump as well.
Heard it best explained that a big group of people got to vote against transfaggotry and shoving it in their face non-stop. IMO AB hit the motherload of pent up resentment there and provided an easy way to show it, switch beers. Read that sales off so badly AB is making payroll for their major AB only distributors, ouch! Whether this continues we'll know end of Q2 with Memorial Day. Next will be Q3 with the 4th. I wouldn't buy the dip but shorting it might make sense. This one will be a business case on what not to do.
Q2 filings will hit the streets early 2d week July (estimate, but close). This ‘boycott’ started right at the very beginning of the Quarter. The ENTIRE 2Q revenues, and by extension the Earning per Share is gonna be catastrophic. Watch Cash flows … if that number is what I think it will be, that might be ‘suicide weekend’. Im sure they are going to play some bullshit accounting game to push some of those losses into Q3. I dont see how, but thats what I would do.
My opinion: 30-40% immediate price drop.
REMEMBER FRENS, These wall street turds live in a bubble too. They only listen to the numbers.
When that 2Q comes out squealing like a woketard at a Trump rally, you will see.
Yeah, full agreement. Would bet it's way beyond Gillette's "That's not cool Bro!" fiasco of 2019 that only lost them 35-40% of the market they freakin' dominated for decades. ESG/DEI money only goes so far and there won't be enough to paper over this hot mess. It's not often you see an iconic brand totally blow their face out like this but the hits just keep coming. Upside, huge boost for small local brewers. Spend more, drink less, get a way better product.
Edit: We are really looking at an implosion of this forced bullshit across all fronts. From race-swapping (Cleopatra <Netflix>, Little Mermaid <Disney>), letting transfag males compete directly against women (MMA, power lifting, volleyball), pedofeel grooming in schools and their libraries, transfag story hours fooling no one as to their goal, defunded police and let them go DAs inexplicably leading to higher crime, hilarious rape & sex charges against Trump et al with zero corroboration, and on & on.
/if this was a movie i'd enjoy the show
100% This^^^
Update: Saw this yesterday on 4chan, likely wild rumor, source was twitter.
It's catastrophic, AB umbrella seeing declines specifically Busch, Michelob, Modelo & Corona. Brands are radioactive in whole sections of country. Beers in distribution getting way long on dates. Production being throttled and talks of some plants temporarily idling and doing a "summer layoff".
Big Beer, layoffs, in the summer!
/big if true
Heard same thing on the Jesse Kelly show.
c/BUDcott
These foreign companies should all sink.
They can never be allowed to recover. It is imperative that our side send a very strong and visible message. After decades of the racist agitators pushing American businesses to bend the knee, we need to use their tactics against them - and there are more of us than them. Since their side controls the message conduits (MSM) the only way for this to be fully visible is to drive them fully out of business.
And this needs to be only the first. We need to have focused strikes against other woke companies, but can likely only do that in fragments, one company at a time. Some should be allowed to recover if they make appropriate policy and personnel changes. For example, the media can be useful if they will report actual news and not masquerade opinions and editorials as news. Others need to be ground into the dust and that includes many very popular brands such as Nike and Patagonia.
My husband runs a popular restaurant and BL is down 26%, so he told the reps to pull it. No more BL on tap. The number may seem small but it’s making a difference.
My husband was at a bar last night and they offered no A-B products on tap whatsoever. There were a couple people drinking Bud from bottles, but that's it.
I saw a dude with a couple 18-wheelers of Bud in his cart. I was literally shaking. /s
Welp, we had the great meme wars… now it is beer war time… we shall se who steps up to bat.
That’s a 8-10% loss in stock price. It doesn’t sound like much, but that can be a multi-billion loss in valuation. Percents matter. Remember Trump “lost” by 0.2% of the vote in some cases. Not quite the same thing, but perspective and percents matter.
I would be happy if it dropped into the teens. With all the hype, I thought it would have been down further.