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InBev stocks
#8856501
05/23/23 11:54 AM
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Joined: Aug 2021
Posts: 1,109
DukeCigars
OP
Pro Tracker
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OP
Pro Tracker
Joined: Aug 2021
Posts: 1,109 |
As predicted, once the sales drop (averaged 21% drop in April) was publicized to objectify their stupidity, the parent company of Bud Light has had a tumble the last few weeks. 10% drop just in May, on a near $130B market cap, meaning that’s almost another $13B that has dissolved from the company’s value. I’m sure the $20 rebates on a $19 retail case will help, seeing as a case only costs them a few bucks. And now they’re buying back stale inventory from distributors. The stupidity from Bud Light kicked off in the beginning of InBev’s Q2, so their next earnings report will be an interesting one. That’s where the real behind the scenes losses get exposed
Car guy. Serial entrepreneur. Terrible golfer.
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Re: InBev stocks
[Re: DukeCigars]
#8856510
05/23/23 12:10 PM
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Joined: Jan 2014
Posts: 12,765
Paluxy
THF Celebrity
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THF Celebrity
Joined: Jan 2014
Posts: 12,765 |
It's an expensive lesson that affected many that had nothing to do with the nonsense of a few. The Bug Light brand will take years to recover. I sure hope other corporations are paying attention and take note that the average American is tired of this crap.
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Re: InBev stocks
[Re: DukeCigars]
#8856522
05/23/23 12:23 PM
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Joined: Nov 2018
Posts: 1,948
Davis300
Pro Tracker
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Pro Tracker
Joined: Nov 2018
Posts: 1,948 |
Love it....they deserve all the misery that comes their way.
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Re: InBev stocks
[Re: DukeCigars]
#8856532
05/23/23 12:49 PM
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Joined: Apr 2013
Posts: 2,265
maximus_flavius
Veteran Tracker
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Veteran Tracker
Joined: Apr 2013
Posts: 2,265 |
I hope they all starve to death
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Re: InBev stocks
[Re: Paluxy]
#8856545
05/23/23 01:13 PM
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Joined: Dec 2008
Posts: 41,173
J.G.
THF Celebrity
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THF Celebrity
Joined: Dec 2008
Posts: 41,173 |
It's an expensive lesson that affected many that had nothing to do with the nonsense of a few. The Bug Light brand will take years to recover. I sure hope other corporations are paying attention and take note that the average American is tired of this crap. Agreed 7% of the population says they are part of LGBTQ group. The other 93% is tired of seeing it.
800 Yard Steel Range Precision Rifle Instruction Memberships and Classes Available
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Re: InBev stocks
[Re: DukeCigars]
#8856554
05/23/23 01:33 PM
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Joined: Jan 2013
Posts: 2,773
Gringo Bling
Veteran Tracker
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Veteran Tracker
Joined: Jan 2013
Posts: 2,773 |
There's a good Wall Street Journal article today detailing all of the things that Alissa Heinerscheid and the whole company did wrong since that whole promo. Essentially all sides are mad at Bud Light and InBev- Bud Light drinkers, InBev employees, distributors, conservatives, gays, trannies, etc. It's going to be a business school case study for years to come.
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Re: InBev stocks
[Re: DukeCigars]
#8856561
05/23/23 01:41 PM
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Joined: Jun 2011
Posts: 33,977
Buzzsaw
THF Celebrity
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THF Celebrity
Joined: Jun 2011
Posts: 33,977 |
still confused over which beers to leave on the shelf.
Or which beers CAN I drink?
SPACE FOR RENT
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Re: InBev stocks
[Re: DukeCigars]
#8856562
05/23/23 01:42 PM
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Joined: Jan 2007
Posts: 15,501
reeltexan
THF Celebrity
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THF Celebrity
Joined: Jan 2007
Posts: 15,501 |
A product so bad, most of us gave up nothing.
"If we ever forget that we are One Nation Under God, then we will be a nation gone under." Ronald Reagan
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Re: InBev stocks
[Re: Buzzsaw]
#8856572
05/23/23 01:57 PM
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Joined: Mar 2021
Posts: 152
Donpilot
Woodsman
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Woodsman
Joined: Mar 2021
Posts: 152 |
still confused over which beers to leave on the shelf.
Or which beers CAN I drink? There is a web page that lists who makes what. In-bev is very diversified. Miller products, dosequis and fruity beers are about it.
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Re: InBev stocks
[Re: Gringo Bling]
#8856577
05/23/23 02:00 PM
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Joined: Aug 2021
Posts: 1,109
DukeCigars
OP
Pro Tracker
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OP
Pro Tracker
Joined: Aug 2021
Posts: 1,109 |
There's a good Wall Street Journal article today detailing all of the things that Alissa Heinerscheid and the whole company did wrong since that whole promo. Essentially all sides are mad at Bud Light and InBev- Bud Light drinkers, InBev employees, distributors, conservatives, gays, trannies, etc. It's going to be a business school case study for years to come. The alphabet crowd got mad at them during a monthly sales review earlier this month and InBev didn’t mention them. They said they felt “abandoned”. People need to realize that there is just no making them happy
Car guy. Serial entrepreneur. Terrible golfer.
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Re: InBev stocks
[Re: DukeCigars]
#8856583
05/23/23 02:16 PM
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Joined: Jul 2010
Posts: 6,863
HuntnFly67
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jul 2010
Posts: 6,863 |
Spuds MacKenize is howling in his grave.
Last edited by HuntnFly67; 05/23/23 02:17 PM.
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Re: InBev stocks
[Re: DukeCigars]
#8856584
05/23/23 02:17 PM
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Joined: Jun 2011
Posts: 33,977
Buzzsaw
THF Celebrity
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THF Celebrity
Joined: Jun 2011
Posts: 33,977 |
There's a good Wall Street Journal article today detailing all of the things that Alissa Heinerscheid and the whole company did wrong since that whole promo. Essentially all sides are mad at Bud Light and InBev- Bud Light drinkers, InBev employees, distributors, conservatives, gays, trannies, etc. It's going to be a business school case study for years to come. The alphabet crowd got mad at them during a monthly sales review earlier this month and InBev didn’t mention them. They said they felt “abandoned”. People need to realize that there is just no making them happy true you cant win with these diverse groups. Why cant they just screw behind their own doors not in public. YUCK at least I can enjoy my REAL beer, Coors Light
Last edited by Buzzsaw; 05/23/23 02:21 PM.
SPACE FOR RENT
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Re: InBev stocks
[Re: Buzzsaw]
#8856593
05/23/23 02:33 PM
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Joined: Oct 2012
Posts: 29,607
Sneaky
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 29,607 |
still confused over which beers to leave on the shelf.
Or which beers CAN I drink? When are you not confused?
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Re: InBev stocks
[Re: Gringo Bling]
#8856649
05/23/23 03:43 PM
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Joined: Jan 2012
Posts: 29,132
TXHOGSLAYER
THF Celebrity
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THF Celebrity
Joined: Jan 2012
Posts: 29,132 |
Love it....they deserve all the misery that comes their way. There's a good Wall Street Journal article today detailing all of the things that Alissa Heinerscheid and the whole company did wrong since that whole promo. Essentially all sides are mad at Bud Light and InBev- Bud Light drinkers, InBev employees, distributors, conservatives, gays, trannies, etc. It's going to be a business school case study for years to come.
LETS GO BRANDON
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Re: InBev stocks
[Re: DukeCigars]
#8856664
05/23/23 04:06 PM
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Joined: Jul 2012
Posts: 15,708
603Country
THF Celebrity
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THF Celebrity
Joined: Jul 2012
Posts: 15,708 |
Dos Equis and Moose Drool for the win. I need more Moose Drool.
Not my monkeys, not my circus...
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Re: InBev stocks
[Re: DukeCigars]
#8856666
05/23/23 04:13 PM
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Joined: Jun 2015
Posts: 18,721
Roll-Tide
THF Celebrity
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THF Celebrity
Joined: Jun 2015
Posts: 18,721 |
Most companies have somewhat woke advertisements. Some, we simply ignore like Coke, Apple, Google, Facebook and still use.
I’m trying to find least woke tennis shoes right now. Beer, I have pretty much switched to Yeungling. Haven’t found a shiner that I like.
The bud light example, was taking it very far left and a hard lesson was learned.
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Re: InBev stocks
[Re: DukeCigars]
#8856677
05/23/23 04:24 PM
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Joined: Jun 2011
Posts: 33,977
Buzzsaw
THF Celebrity
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THF Celebrity
Joined: Jun 2011
Posts: 33,977 |
I have pretty much switched to Yeungling. Haven’t found a shiner that I like.
same here
SPACE FOR RENT
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Re: InBev stocks
[Re: Roll-Tide]
#8856682
05/23/23 04:34 PM
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Joined: Feb 2012
Posts: 9,731
Mickey Moose
THF Trophy Hunter
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THF Trophy Hunter
Joined: Feb 2012
Posts: 9,731 |
I’m trying to find least woke tennis shoes right now. I don't know their Woke Factor - given they are in Oregon and have a shoe that looks like the freak flag, but at least they're all hand made in USA... https://www.carsonfootwear.com/shoes/standard-issue/
My botnet is bigger than yours.
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Re: InBev stocks
[Re: DukeCigars]
#8856685
05/23/23 04:40 PM
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Joined: Nov 2009
Posts: 69,206
NORML as can be
^^Cut the Cord^^
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^^Cut the Cord^^
Joined: Nov 2009
Posts: 69,206 |
(R-TX) .-- " TCNN CURL CRLB VFF VRNO AYR SNDL CGC TLRY MSOS "
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Re: InBev stocks
[Re: 603Country]
#8856694
05/23/23 05:02 PM
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Joined: Jan 2012
Posts: 29,132
TXHOGSLAYER
THF Celebrity
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THF Celebrity
Joined: Jan 2012
Posts: 29,132 |
Dos Equis and Moose Drool for the win. I need more Moose Drool. Send Ramsey a message. He can grab some on his way back through Montana in a few months…
LETS GO BRANDON
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Re: InBev stocks
[Re: bigjoe8565]
#8856695
05/23/23 05:02 PM
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Joined: Feb 2012
Posts: 9,731
Mickey Moose
THF Trophy Hunter
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THF Trophy Hunter
Joined: Feb 2012
Posts: 9,731 |
HQ in Seattle, owned by Berkshire Hathaway. I'd bet there is wokeness there. Add to that their shoes are made in Asia. Pick your poison.
My botnet is bigger than yours.
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Re: InBev stocks
[Re: DukeCigars]
#8856698
05/23/23 05:12 PM
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Joined: Jul 2008
Posts: 33,364
bigbob_ftw
Big Sprocket Bob
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Big Sprocket Bob
Joined: Jul 2008
Posts: 33,364 |
you don't have to boycott every company, just a few and everyone will understand.
Ultra MAGA '24.
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Re: InBev stocks
[Re: bigbob_ftw]
#8856713
05/23/23 05:31 PM
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Joined: Feb 2012
Posts: 9,731
Mickey Moose
THF Trophy Hunter
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THF Trophy Hunter
Joined: Feb 2012
Posts: 9,731 |
you don't have to boycott every company, just a few and everyone will understand. Maybe you don't. But I do. At least I try my best to avoid companies that don't align with me.
My botnet is bigger than yours.
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