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Anheuser-Busch BUD stock not affected by Trans Can

Posted on 4/22/23 at 11:41 am
Posted by Marcus Aurelius
LA
Member since Oct 2020
3900 posts
Posted on 4/22/23 at 11:41 am
so far. Stock has slightly out-performed this year. Same for Disney and Nike. The Right sucks at the - Go Woke Go Broke support.

BUD earnings come out next in early June.

This post was edited on 4/22/23 at 11:43 am
Posted by Mo Jeaux
Member since Aug 2008
59479 posts
Posted on 4/22/23 at 11:41 am to
*affected.
Posted by Hugo Stiglitz
Member since Oct 2010
72937 posts
Posted on 4/22/23 at 11:41 am to
Rainbow capitalism actually works for shareholders.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68868 posts
Posted on 4/22/23 at 11:42 am to

and the left hasn't shut down My Pillow.
Posted by TDTOM
Member since Jan 2021
15284 posts
Posted on 4/22/23 at 11:44 am to
Now compare it to coors.
Posted by CamdenTiger
Member since Aug 2009
62723 posts
Posted on 4/22/23 at 11:45 am to
It will, eventually IMO, but the financiers of the woke movement, like Black Rock and Vanguard will probably keep stocks up for a while… Time will tell
Posted by Diamondawg
Mississippi
Member since Oct 2006
32516 posts
Posted on 4/22/23 at 11:46 am to
quote:

so far. Stock has slightly out-performed this year. Same for Disney and Nike. The Right sucks at the - Go Woke Go Broke support.

BUD earnings come out next in early June.

I don't believe you but why? Why all of the hoopla over such a small percentage of the population? In addition to those with the mental illness that causes them to act this way but what those that are over playing the thing for attention which does a disservice to those that really are screaming out for help? Total FUBAR from the get go.
Posted by wickowick
Head of Island
Member since Dec 2006
45846 posts
Posted on 4/22/23 at 11:47 am to
Stock price might not have sunk yet, but sales are way way off in my place. Bud is off 95%, ultra is off 65%. If we are typical, they are in a world of hurt.
Posted by Lou Pai
Member since Dec 2014
28192 posts
Posted on 4/22/23 at 11:48 am to
Their BL sales are certainly going to take a hit this year, but that product line doesn't even represent close to half their sales for that company, which has dozens of brands and product lines with sales around the world.

In general, alcohol is a consumer staple that loosely tracks or slightly underperforms GDP growth in the long run.

Heads will roll for the damage to one of their key brands but overall this should be a non-event for their share price and market cap.
This post was edited on 4/22/23 at 11:49 am
Posted by thejuiceisloose
Member since Nov 2018
4335 posts
Posted on 4/22/23 at 11:48 am to
Posted by LSUvet72
Member since Sep 2013
12249 posts
Posted on 4/22/23 at 11:53 am to
Liar... Liar... Liar... pants on fire.

Are you a Biden family member?
Posted by BobABooey
Parts Unknown
Member since Oct 2004
14375 posts
Posted on 4/22/23 at 11:54 am to
quote:

Stock has slightly out-performed this year.

As of Friday, Bud stock has underperformed compared to its competitors. Yesterday, it was reported that the VP broad who dreamed up the trancan took a leave of absence so I think some folks might consider the mission complete. Budweiser blinked first.

I think I share the same feeling regarding Nike, Bud, and Disney - I’m not going to support them as before but I’ll let you make your own decision. If I see someone I know supporting them, I might make a comment but I’m not going to do like the wacko Leftists who throw blood on strangers wearing fur, etc.
Posted by Errerrerrwere
Member since Aug 2015
38516 posts
Posted on 4/22/23 at 12:11 pm to
quote:

Anheuser-Busch BUD stock not affected by Trans Can


Whataboutism
Posted by RaginCajunz
Member since Mar 2009
5465 posts
Posted on 4/22/23 at 12:17 pm to
I’m no expert but there will be a delay in the real sales numbers.

AB sells to distributors who sell to retailers who sell to consumers.

If that product sits idle on retail shelves, they won’t reorder from distributors who won’t reorder from AB. That’s far from a 2 week feedback loop to be reflected in numbers yet
Posted by LSUFreek
Greater New Orleans
Member since Jan 2007
14813 posts
Posted on 4/22/23 at 12:18 pm to
quote:

BUD earnings come out next in early June


Well, of course, silly. That's Pride Month.
Posted by KAGTASTIC
Member since Feb 2022
7989 posts
Posted on 4/22/23 at 12:42 pm to
If only there was a long standing saying about taking this stance OP...."something something count something something hatched".
Posted by Stuckinthe90s
Dallas, TX
Member since Apr 2013
2580 posts
Posted on 4/22/23 at 12:44 pm to
Earnings reports and sales are lagging indicators. The inpact would not be publicly reported on yet, but you better believe that Anheuser-Busch believes there will be an inpact because they made a PR move out of putting the VP of Marketing on a LOA.

I am not in the industry so I don’t know the finer details, but I would imagine that right now the stores that sale it and maybe the distributors are feeling the pain, it hasn’t made it all the way up to AB yet, but if the drop in sales continues then it will.

Bud light competes like PepsiCo, they believe their product is either inferior in the marketplace or that most people view it is a commodity. AB views their competitive advantage is not the quality of the product, instead in their world class marketing abilities. They have likely previously thought the worst thing in the world would be a marketing campaign that doesn’t make a statement (good or bad), this campaign will put that idea to the test. Can a bad marketing campaign shine the light on them in a negative manner and drop sales.
This post was edited on 4/22/23 at 12:48 pm
Posted by alphaandomega
Tuscaloosa-Here to Serve
Member since Aug 2012
13774 posts
Posted on 4/22/23 at 12:54 pm to
All I have noticed are completely full displays at the grocery store and convivence stores. Other brands have holes in the displays but the Bud, Bud Light, and Ultra displays are packed with nothing missing.

I can only assume that it is because people are not buying it.
Posted by SeeeeK
some where
Member since Sep 2012
28145 posts
Posted on 4/22/23 at 1:07 pm to
they got in on the seltzer shite early, and people are buying their shite, so not really shocking.

they built a brand new building at Home branch, just for the seltzer garbage.
Posted by Giantkiller
the internet.
Member since Sep 2007
20662 posts
Posted on 4/22/23 at 1:10 pm to
They can say whatever they want, but I sure haven’t seen a lot of people drinking Buds lately. And neither am I. Boycott or not, I’m out.
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