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Posted on 4/11/23 at 9:56 am to Korkstand
quote:I just took this snapshot about an hour ago;
As of this moment market cap is $134B
This was taken yesterday:
You were saying?
Posted on 4/11/23 at 10:01 am to thatdude
quote:
However I just won't be buying AB products any more, just like I've parted with Nike, and Subway
This is all that's needed. Similar boat for me with Gillette, Nike, and others.
I guess I'm not sure why people are white knighting for the company's financials/market cap when the incident happened last week. It'll take time for this to show up in their numbers, but defending a company saying it's doing fine after an incident like this is just dumb.
It's also dumb to go full retard on virtue signaling. Just stop buying their product (I know I'd appreciate more lists of what products the companies own), switch to something else, and move on. AB just outed themselves as being woke, it should be easy to find a replacement and let them figure out why their sales dropped
Posted on 4/11/23 at 10:02 am to Old Sarge
quote:InBev owns it
I’d just shifted to ultra
quote:its all piss water. Try yeungling
Now what should I drink when trying to resist bourbon? Is Miller 64 any good?
Posted on 4/11/23 at 10:06 am to drexyl
quote:
its all piss water. Try yeungling
i don't drink lighter stuff often but yeungling and lone star are the two i'll drink.
Posted on 4/11/23 at 10:08 am to HubbaBubba
Brutal. That dumb count that made these decisions will be fired by the end of the week.
Get woke go broke.
Get woke go broke.
Posted on 4/11/23 at 10:14 am to jdd48
quote:
Go woke go broke.
There was an article on here that proved this isn't true.
Posted on 4/11/23 at 10:14 am to HubbaBubba
quote:I'm saying it's funny how you chose one site for the present market cap and also a very carefully chosen date range from another site for the historical market cap. I don't know how your first cap is calculating market cap, but it's clearly different than how every other site is doing it and it's also clear that market cap has been higher for the last 2 weeks than it was the 2 weeks prior.
You were saying?
This is the real market cap history for the past month:
Posted on 4/11/23 at 10:16 am to HubbaBubba
Bud light sponsors my soccer league and they sold way more than 3 kegs this week
Feels good to be on the right side of history
Feels good to be on the right side of history
Posted on 4/11/23 at 10:16 am to Robin Masters
Did Nike back off Kaep? I don’t see much about it. Also, Nike does make a superior product. And the client base is different. Just show some random diverse people drinking and having a good time and all is well, why push a tranny?
Posted on 4/11/23 at 10:20 am to teke184
quote:
This assumes people go back to BL.
The product is not particularly good, so people finding a new beer instead is a distinct possibility.
That assumes that habitual drinkers of BL have higher tastes or budgets for something else. Long term consumer behavior doesn't change much.
Bud Light at its core is an inoffensive, cheap beer with mass availability. People don't like to change their habits of operation much. So for the most part, many will bitch about it and sit out BL for a few months but they'll go back to it when the headlines die down.
Posted on 4/11/23 at 10:24 am to idlewatcher
quote:
Is there really a way - a true way - to quantify this? These anecdotal stories aren't selling me that it's working......yet.
Although there are a lot of them out now.
Just a temporary blip, then recovery. There’s a reason Nike doubles down at every opportunity. Screenshot was taken about ten minutes ago.
This post was edited on 4/11/23 at 10:31 am
Posted on 4/11/23 at 10:24 am to HubbaBubba
Bud Light is trying to go after the Miller High Life/Pabst Blue Ribbon crowd. And a lot of that crowd has moved to the craft beer... But to turn on your loyal customers by calling them "Fraty" and using "out of touch humor" was just stupid.. BL is trying to step away from the "everybody drinks BL" to the "Hey it looks cool to have a BL in my hands.. I am a rebel and stand for a cause" crowd. The virtue signaling crowd...
Posted on 4/11/23 at 10:27 am to Lsuhoohoo
Beast is as cheap or cheaper than BL and isn’t much worse than it.
Posted on 4/11/23 at 10:30 am to HubbaBubba
quote:
I just took this snapshot about an hour ago;
Some service's market caps are not updated constantly. Just a quick look at the stock price should tell you your posts are bullshite.
The current market cap is 130.87B with the YTD high at 132.28.
Posted on 4/11/23 at 10:31 am to BlackPot
Even if it only lasts a couple of months, the damage is done.
They gained literally nothing with their little stunt and lost money. Money that people spend elsewhere.
Trannies don't drink Bud light anymore than they go and watch Disney movies.
They will praise you on social media but that's it.
They don't buy your product.
Literally a lose lose and you think corporations would have learned. Well then again it's progressive white women making these decisions so no they haven't learned and they never will. Any more than Kathleen Kennedy figuring out how to make a good Star wars movie.
It's not gonna happen.
They gained literally nothing with their little stunt and lost money. Money that people spend elsewhere.
Trannies don't drink Bud light anymore than they go and watch Disney movies.
They will praise you on social media but that's it.
They don't buy your product.
Literally a lose lose and you think corporations would have learned. Well then again it's progressive white women making these decisions so no they haven't learned and they never will. Any more than Kathleen Kennedy figuring out how to make a good Star wars movie.
It's not gonna happen.
This post was edited on 4/11/23 at 10:32 am
Posted on 4/11/23 at 10:31 am to BlackPot
quote:
I know this will only last for a couple months, but I still like seeing it
Matt Walsh made a good point. Instead of reacting to the next thing, stick with this at all cost. Claim one scalp and then move on to the next. Not cancel but boycott.
Also, this one it going to sting. They are literally anti-marketing to their core base. Beer drinkers, like tailgaters, fisherman, hunters who might drink 12-13 beers are not drinking IPAs, craft beers. They are drinking light beers. They are giving the middle fingers to their core demographic. Rednecks, tailgaters, etc... This one is going to stick for quite a while.
This is totally different than the boycott of Netflix or Target. There are 100 more light beers to choose from.
Posted on 4/11/23 at 10:32 am to Damone
You won’t see stock prices to react that fast but they will
Posted on 4/11/23 at 10:33 am to SmackDaniels
We will know after their next earnings report.
Posted on 4/11/23 at 10:33 am to Athis
quote:
Bud Light is trying to go after the Miller High Life/Pabst Blue Ribbon crowd.
They will fail with me. Those two are pretty much all I drink, and now I’ve eliminated the occasional Natty.
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