Bud Light’s sales drop is accelerating amid Dylan Mulvaney fiasco

originally posted by: shooterbrody
nypost.com...

Bud Light parent Anheuser-Busch’s stock has lost $27B over Dylan Mulvaney

$27 billion
Yet defenders would have you believe this is “no big deal”.

Ahahahahaha
Aaahahahahaha
Aaaaaaahahaha

$27 BILLION

Scary Version .

$27 billion is what they are publicly reporting .

Factor in the future losses, Because the Market operates in no small part on what people think is gonna happen.

It's probably closer to $50billion.

a reply to: asabuvsobelow
That is fair.
A lot to lose over stupid politics.

a reply to: shooterbrody

Their stock is down 1% for the YTD and trending upwards.

If Bud Light proves woke=broke does that mean anti-woke=broke considering Elon has driven Twitter's value into the dirt since taking over?

originally posted by: Threadbare
a reply to: shooterbrody

Their stock is down 1% for the YTD and trending upwards.

If Bud Light proves woke=broke does that mean anti-woke=broke considering Elon has driven Twitter's value into the dirt since taking over?

Elon reinstated Kanye West's account so that may generate more revenue, maybe.

a reply to: quintessentone

And right after boosting RFK Jr's dogwhistle to white supremacists.

It's almost like the rich kid that benefited from apartheid has some deeply troubling views on race.

originally posted by: Threadbare
a reply to: shooterbrody

Their stock is down 1% for the YTD and trending upwards.

If Bud Light proves woke=broke does that mean anti-woke=broke considering Elon has driven Twitter's value into the dirt since taking over?

1% .....wow I had no idea Anheuser Busch was worth so much .

So $27billion is just 1% of there stock , That puts the company worth somewhere around $2 Trillion dollars.

Wow impressive.

a reply to: asabuvsobelow

a reply to: Threadbare

That's SA, isn't that South America? They are doing okay. What about USA?

a reply to: Threadbare

Mate moving money around to hide your losses may fool most people but not me .

The company is worth $117 Billion and brings in between 5 and 7 billion a year in net income.

Which means that $27billion dollar loss was four years of income , Way more than a 1% drop.

And it's only going to get worse because once people acquire a taste for other beers ....... then the company will really tank.

a reply to: asabuvsobelow

Mate I worked in the industry. It doesn't matter how many beers are on the market. AB InBev had rigged the game in their favor. People rarely acquire a taste for other beers. And if they do, it's usually another AB InBev product.

a reply to: asabuvsobelow

I also don't think you realize how prolific AB InBev is as a company. Anheuser-Busch has taken a hit and Bud Light is no longer the king of light beers. Instead, Modelo has taken that crown. A brand owned by AB InBev.

So even though Bud Light isn't selling as well as it has in years past, AB InBev is still making their money.

originally posted by: Threadbare
a reply to: asabuvsobelow

Mate I worked in the industry. It doesn't matter how many beers are on the market. AB InBev had rigged the game in their favor. People rarely acquire a taste for other beers. And if they do, it's usually another AB InBev product.

Indeed, and they have many other brands/products from which to choose.

www.anheuser-busch.com...

a reply to: Threadbare

Instead, Modelo has taken that crown. A brand owned by AB InBev. So even though Bud Light isn't selling as well as it has in years past, AB InBev is still making their money.

I admit that is clever. of course people have no Idea AB owns Modelo .

a reply to: asabuvsobelow

AB in bev sold Modelo. I believe it's owned by Constellation. I'll check on that but I'm pretty sure Modelo isn't owned by inbev.

a reply to: asabuvsobelow

They have 42% of the market. So odds are good that any beer you pick up from the grocery store is owned by them.

originally posted by: Khaleesi
a reply to: asabuvsobelow

AB in bev sold Modelo. I believe it's owned by Constellation. I'll check on that but I'm pretty sure Modelo isn't owned by inbev.

you are Correct AB does not own Modelo .

Nice try though Thread

a reply to: Khaleesi

Not quite. So AB owned a 50% non-controlling stake in Grupo Modelo. In 2013 they made a move to purchase the remaining 50%. An antitrust suit was filed in the US.

Ultimately the purchase was allowed to go through by having all Grupo Modelo assets in the US controlled by Constellation. Essentially Constellation handles distribution of Grupo Modelo products in the US.

Everywhere else in the world it is strictly an AB InBev company.

$27 Billion down the crapper.

Woke bs.

www.cnbc.com...

Bud Light sales fell 24.6% in the period year-on-year

Lol
Yeah down 25ish% is no biggie….
Lolololololol

nypost.com...

Bud Light distributors no longer expect sales to recover from Dylan Mulvaney disaster

After four months of hiring freezes and layoffs — with some beer truck drivers getting heckled and harassed even as Bud Light sales have dropped by more than 25% — Anheuser-Busch wholesalers have accepted that they have lost a chunk of their customers for good — and need to focus on a new crop of drinkers.

But but but it’s not really a thing…….