There are consequences when a company does things that perturb your core consumers
Anheuser-Busch has lost more than $6 billion in market value in the days following its promotional partnership with transgender social media celebrity Dylan Mulvaney, with its shares falling amid a nationwide backlash against Bud Light.
Shares of Anheuser-Busch Inbev have dropped nearly five percent after Dylan Mulvaney announced the Bud Light deal at the beginning of the month, wiping out $6.65 billion of the company’s market capitalization.
Dylan Mulvaney — who was born a male but now claims to be a woman — is the latest spokesperson for Bud Light, which has honored Mulvaney with a limited release can with his face on it. In recent social media videos, Mulvaney has promoted the brand by cavorting in a bubble bath and talking about March Madness.
The partnership has instigated a nationwide backlash against the beer brand, with sales taking a significant hit across several states.
As Breitbart News reported, bars across the country are seeing customers avoid the brand. In one Missouri bar, sales of Bud Light and other Anheuser-Busch beverages have reportedly dropped by roughly 40 percent. A bar in New York’s Hell’s Kitchen neighborhood — which has a high population of gays — reportedly saw Bud Light sales drop 70 percent.
Another report found Anheuser-Busch distributors across America’s heartland and the South are being “spooked” by public backlash to the Dylan Mulvaney campaign.
Some are reporting a $3 billion loss (Daily Mail says they dropped in value from $132 Billion to $129 Billion), others say $5 billion. Some even say $7 billion. Regardless, this is just the start, as some might say “meh, that’s a drop in the bucket.” What if consumers consider just opting out of AB products? In fairness, it hit a low of $44.94 last October 10th, when inflation was raging and there were issues with supplies. Now you just have consumers saying “no, thanks.”
Teach headlines (either a mistake or lie): What A Shame: Anheuser-Busch Sees $6 Billion Loss After Trans Stunt
Stock price over the right-wing panic… 66.57 –> 64.03 It was 59.48 a month ago. In the past month shareholders gained $15 BILLION!!!
Do you think you can shut down Anheuser-Busch InBev??? Good luck.
The American right-wing has become a global laughingstock. Burning Nike shoes! Shooting beer!
You’ve made Dylan Mulvaney famouser AND richer! A transgendered woman manipulated you lads. Great job, suckers! Great job…
Dear Elwood:
You must be a day trader.
The 12 month change is down 8.76%, most of in the last few weeks.
And the trend is down.
I’ve never bought or sold stock in my life so probably not a day trader.
James typed:
Are you sure you have the stock data correct? Or maybe I’m looking at the wrong company? I’m not much of a stock trader at all, so I may be wrong.
It was 58.72 exactly one year ago and is 64.11 right now.
On 6/6/21 it was 78.16, the three year high. The all time high was 131.41 in Jan 2016 but had dropped to 62.69 by the end of the Trump reign.
Dear Elwood:
You must be a day trader.
The 12 month change is down 8.76%, most of in the last few weeks.
And the trend is down.
Now that’s funny right there.
The stock price at Rimjob’s company has lost 90% in value over the last 3 years.
#Galera
#PedosLiars&Rimjob
Bwaha! Lolgf
Lil Skeeter,
I saw this about Galera? (is that the corporation you claim is my company?)…
A couple of milestones were noted:
You can look up the specifics.
Sorry J, but we don’t play pretend-he’s a man.
Jill (she/her?),
How do you know if she’s a man or a woman? We understand that connies wanted to set up conservasentries at public bathrooms to check birth certificates and genitals to make sure they match, but normal Americans disagree with you.
Do you choose your consumables depending on whether or not they condemn the transgendered?
Why do you worry about it so much? Is this part of the ‘grooming’ that so many connies are so suddenly concerned with?
It’s a man, J. If you’re still not sure, check the chromosomes
“Why am I worried about it..” I’m not worried at all-I find it hilarious. Actually , I was responding to you misgendering him. That’s a no-no, remember
Do you have access to her karyotype??
Anyway, Doctor Jill… is it possible for a human with XY chromosomes to not be a male??
As you well know, the SRY gene on the Y chromosome is responsible for male sexual development – no Y, female – no SRY, female – inactive SRY, female. Oops, an XY with deleted SRY gene or a mutated, inactive SRY gene product is female!
What if the SRY gene product expression is mistimed or incomplete? Have you ever heard of babies with both testis and ovaries???
Can an XX karyotype result in male characteristics?
Oh my! But you know best, being an ignorant connie! You know what you were told by Tucker, and that’s the truth, LOFL.
We’re pleased these things that are none of your business do not worry you!
I find conservative mental gymnastics to be hilarious!! Cheers.
Look what the left has done to my people! This is the result of leftist “education” .
https://twitter.com/i/status/1645847490225229824
Not real money, just stock value, which is highly speculative in any case. 5% loss in stock value? We can blame that on Biden’s economy, though normally, beer does well in a down economy. Still, it is well within normal market ups and downs. I suspect AB is failing due to their own success. They now carry so many brands of beer that their cheapest swill no longer carries much appeal. They are competing with themselves and cannibalizing their own brands. Truth, there are so many brands to choose from and most beer drinkers don’t know which ones belong to AB and which craft brands are made by AB and sold under another label. There are lots of anecdotal stories though about beer distributors losing sales of the Bud labels and seriously hurting their bottom lines.
The corporate will be just fine. As the Forrest Gump Meme says, “and just like that, all the communists loved and supported giant multi-national corporations”.
[…] Also read: William Teach: What A Shame: Anheuser-Busch Sees $6 Billion Loss After Trans Stunt […]
Total beer sales and domestic beer sales especially, have been trending down the past decade, having to compete with craft beers, imports, wine drinkers and teetotalers.
3 years ago the AB. Stick was selling at 60 today it is 64
The short term trend since the right-wing hissy fit has been UP
Trach never wants to check himself
So desperate for “good news” no one wants to risk checking to see if it is true.
Jl? The trend since the LGBTQ triggered you so badly is UP not down,
AB stock price is up almost 10% in the last month
Jl did you short it?
Electric vehicle boy- I’ve not yet commented on this post so I have no idea what you’re talking about…
So ¿no hablas fucktardo?
#LetsGoBrandon
Bwaha! Lolgf
Jl Premtive strike
Here’s another factoid for ya
Inflation falls to 5% per socialistic Wall Street Journal
Wage incresses now exceeded inflation
Let’s Go Brandon !
That’s alright, Johnny, we know you’re rarely up to speed…
Be sure to contact me again when I don’t post something ….
I just took a quick look at Inbev and the company does appear to have some difficulties. The recent stats [5 year] show an overall decline in market cap. The latest self inflicted assault on the companies customer base certainly won’t help it’s position.
This is a large, multi-national corporation and I wouldn’t be writing it’s obituary just yet, that will take a few more bone headed moves.
I don’t own any Inbev and I’m not a ‘day trader’, simply not my style of investing. Also, I don’t care for their major product lines and pay little attention to Budwieser.
Not to be outdone, another connie grifter is selling Conservative Dad’s Ultra Right. Get a six-pack for only $19.99 plus tax and shipping!
It will be interesting to discover from what brewery he gets his swill? LOL. The grifter says he has thousands of pre-orders! Suckers!
In this economy, long-suffering, victimized, permanently aggrieved conservatives who can’t afford their burgers, fries, beer and gasoline can give $10s of millions to Trump, Bannon, Taylor-Greene, Boebert, NRCC, RNC, twitter and a zillion right-wing scare PACs and other grifters. Anyone without a conscience should start a conservative charity! Build the Wall! English Only!
We’ll believe the economy is bad when conservatives who say it’s bad start acting like it’s bad!
Actually everyone here could give a shit about what you “believe”.
As pointed out before sarcasm and hyperbole only prove how stupid you are.
#PedosLiars&Rimjob
#LetsGoBrandon.
The non-trans Ultra-Right beer will cost about $30 a six-pack, LOL. Drink up, suckers.
That’s about $5 a can. Talk about inflation!!
A 30-pack of Bud Light goes for $22.99!
That’s about $0.77 a can.
We were unaware that Lil Skeeter (he/she/him/her?) was the designated spokesperson for ‘Mr’ Teach and his motley crew of angry commenters!
My advice, for what it’s worth, is to ignore my comments! If you didn’t give a scheisse about what I type why answer every time? I believe I know.
Well there he goes again thinking anyone here gives a shit about his “advice”.
And big thanks for the daily narcissism, stupid.
All of your comments here are tailor-made to be mocked.
They’re so mockalicious,chubby.
#PedosLiars&Rimjob
#LetsGoBrandon
Bwaha! Lolgfy
For those old enough to remember..
Budweiser-born a king, died a queen.
Another Babylon Bee good one- “Trans activists say drag isn’t happening and also they will burn the statehouse down if you ban it”.
Why would Elwood be crazy triggered by some guy creating a new brew called Right Beer? Who cares? I think it’s funny. I also realize the irony of a democommie hooked to a party made up completely of liars, criminals and grifters (should we name names?) calling some working guy who creates a new brand a grifter. I guess business ideas by rightists are grifts but Weinstein and Madoff and Bankman-Fried are just leftist Jew businessmen who dindo nuttin.
You are a prolific liar. I think it’ become pathological with you.
You don’t like being reminded that you’re being gypped because of your feelings? LOL.
Is the new $30 a six better than other beers? Doubtful! But it’s several fold more expensive than that evil Bud Light, LOL. Not better, just ideological more pure. Although it could be just re-packaged Bud Light which believes in transgenderism!
Stupid right-wing hatred sure is expensive.
Do you think Weinstein, Madoff and Bankman-Fried are crooks because they’re Jewish?
And you may not have noticed by the right-wing is crazy, loony-tunes triggered by a transgender girl holding a can of Bud Light!!
You’re a talented, prolific and pathological liar!