Anheuser-Busch loses more than $5 billion in value amid Dylan Mulvaney Bud Light controversy

It's down $19B you might want to load up.

https://finance.yahoo.com/quote/BUD?p=BUD&.tsrc=fin-srch

 

Losing $19B in less than two months, is very 'effective'.

 

I'm sure they are thrilled, it's always good to go on a diet and shed an extra $19B in market cap!

 

That’s not really how stocks work but sure.

I can we can crown republicans king cancel culture?

 

It's exactly how market cap works, but sure.

When a company insults their customers and says they want different ones, being agreeable to that and moving on to a different provider isn't 'canceling', which is what we have when a woke mob shouts down a speaker or gets a speaker disinvited. Once again, you seemed to have memorized a word without really understanding what it means.

The key difference is coercion. I suspect that you don't recognise free will as real and therefore are unable to distinguish between coercion and choice. And since you likely do not understand free agency, you have no interest in the mutual commitment to the preservation of Freedom and Liberty that is the basis of our Free Democratic society.

 

Cancel culture is more along the line of what happened at Berkeley, or disinviting Condo Rice to speak, or getting Baby It’s Cold Outside shut down, or tearing down a statue.

Bud told everyone who they believed their targeted customers were and now those targeted customers aren’t supporting Bud.

 

Some people aren't capable of understanding the difference between deciding not to buy a product (like a boycott) and cancel culture.

It's entertaining seeing the projection from the left on this issue.

"you decided to stop buying something?"...."OMG CANCEL CULTURE IS SO A RIGHT WING THING"

People are deciding to buy different beer and the left thinks that's cancel culture along the same lines as wanting to destroy someones life over a different viewpoint.

 

I think that their confusion is feigned.

Yes. They pretend that not voluntarily buying a beer is 'just like' burning the bar down because someone pised you off.

They're very defensive because they know that they are losing.

Having no respect for freedom, their go to move is coercion and they have no skills in pursusian, and the American People seem to about have had their fill with all their antics.

 

You said they had lost — which is false. Their shareholders would have been correct.

I really don’t care. The less of the rabid hysterical fascists in target the better for me. I hope Publix puts up a display next. Followed by Home Depot.

Y’all can have Walmart hahahah

 

I was just using the definition y’all used when the “boycotts” for Chic Fil A happened, but y’all’s definitions change quite often.

I shop where I want and if they have a display I don’t like I don’t buy that item. It’s wonderful

 

Na, Bud was just trying to get more customers. They don’t care about that individual or the LGBT community which is why they backed so quickly.

They pissed off the right and then showed the left it was only about money. That they largely donated to republicans is the cherry on top though.

 

Fake news. They did lose exactly the level of Market Cap that I said they did.

Sure, because you look down your nose at Walmart shoppers.

The things some folks do to try to make themselves feel better about themselves, rather than simply valuing and respecting others.

 

You said market cap after the fact. But sure.

Filthy stores for filthy people. As jesus intended. Amen

 

let them call it cancel culture. we all know a massive reduction in sales is not the work of someone digging up tweets from 2010.

They can buy the damn beer if they support this so much odd that they don't isn't it?

 

Then by your own definition, you engage in cancel culture because to you, choosing not to buy a product is cancel culture.

What you just said is exactly what all those choosing to no longer buy bud light are doing. They're simply buying a different beer.

 

I don’t care what people buy as long as they are not threatening others.

Lots of stores have items I don’t agree with and I still shop there. Call it whatever you will.

 

Uh, maybe not. Now it's down $19B

A-B InBev distributor abandoning Bud Light brand in TN.



'You’ve read all the reports about the catastrophic drop in Bud Light sales since Anheuser Busch (AB InBev) slandered its loyal customers as being the wrong type of people, and then decided to make a celebrity cross-dresser the face of the product.'

'A major re-branding, or an all-new replacement light beer, is likely the resolution that AB will have to pursue.
A story from Tennessee shows just how damaged the Bud Light brand is. For decades, one of the stages at Chattanooga’s downtown summer music festival has been “The Bud Light Stage,” sponsored by the local AB distributor. No longer.'

Chattanooga Riverbend Festival’s Bud Light Stage now called Ultra Stage [5/16/2023]

'The rebranding of the “Bud Light Stage” to the “Ultra Stage” reflects more than just how toxic the Bud Light brand is. AB distributors need to sell beer, and any money spent promoting Bud Light is going to be wasted. While AB as a whole is being hit hard, its other brands are not as radioactive as Bud Light.'

 

I think we can crown the marketing team at Budweiser as the most inept in history. They really really thought this would work with college frat boys, bikers and factory workers? C'mon now, that level of not knowing what your customers want is off the scale. The memes on this are completely off the chain. The entire internet is clowning them.

 

Five billion in the red! Well, the lassie/lad definitely has an influential impact! 10 million followers you say?! Definitely a lot of bored people with time on their hands. Hey! Who will drink to that?

 

This is in retaliation to Dem sponsored cancel culture. It was only a matter of time before Republicans fought back. Welcome to the world dems created.

Is it a better place with cancel culture? Absolutely not.

But it’s better than giving Dems a monopoly on it.

 

that only tells me that Budweiser's former customers are bigots.

Miller High Life is my beer, anyway. I always thought Bud and especially bud light was a really dull tasting beer.

 

Ah so it tells us that you are supporting a trans girl who's whole persona is making fun of women, makes you a misogynist. Or you one of those that loves to label but hate being labeled?

 

I never heard of her, to be honest.

 

Well... No. Now it's down $24B. You might want to load up.

Bud Light's Troubles Now Spiraling out of Control With Latest Sales News

'we have now up through the week ending May 20th truly spell big trouble for Bud Light if they had hoped to pull out of the spiral. Sales are now down nearly 30 percent.'

'This was despite all the efforts to offer rebates and give beer away for free.'

Thoughts?

 

Then they aren't particularly bright.

Bud Light's Sales Implosion, Explained (By Mises)

“No one can serve two masters.” Corporations like Bud Light need to remember who their true bosses are, and it’s past time consumers reminded them...'

They still haven't figured this out, and the time is past when a quick full throated apology could have resulted in bygones being bygones.

'This is the true lesson of “Bud-lash.” Bud Light forgot who its bosses really were. It wasn’t just that Bud Light was serving the ESG puppeteers—who award companies points for diversity and inclusion initiatives as well as environmental ones—and ignoring its own consumer base. The company was openly insulting its consumer base, describing Bud Light as a “fratty” beer and “out of touch” brand “in decline.” It’s one thing to disregard your boss. It’s another thing to openly insult her. '

These idiots think they serve the ESG score.

Musk refused to do the ESG dance and they threw Tesla out. 'Bud Light was serving a boss other than its consumers, and it really shouldn’t have to. “ESG is a scam. It has been weaponized by phony social justice warriors,” Elon Musk wrote on Twitter after Tesla was given the boot from the S&P 500 ESG index.'

'Musk is not wrong. ESG is a scam, and a dangerous one. It is embraced by anti-capitalists precisely because it undermines the consumer sovereignty Mises described, and empowers the financial class, bureaucrats, and money printers central bankers by enabling them to manage society as they desire while further enriching themselves.'

Now down $28B. You should probably load up.