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The Sandbox - Pittsburgh The Sandbox is a collection of off-topic discussions. Humorous threads, Sports talk, and a wide variety of other topics can be found here. If it's NOT an adult-themed topic, then it belongs here

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Old 08-01-2023, 12:04 AM   #601
The_Waco_Kid
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Originally Posted by HDGristle View Post
NY Post says distributors are saying what I already did about the losses being a sunk issue at this point
https://nypost.com/2023/07/31/bud-li...-disaster/amp/

Heineken CEO speaks on Bud Light not standing for its values
https://www.cnbc.com/2023/07/31/hein...ur-values.html

Interested to see the earnings call notes and data

never believe the rival bullshit of a dufus named Heineken CEO Dolf van den Brink told CNBC that “polarization in society” was impacting businesses and brands after its rival AB InBev faced a boycott of its Bud Light brand.


Bud light and Heineken (i would only drink Heineken if i were dying in the Sahara desert, it's green horse piss) are the woke idiots. they'll be fired by the end of the year for "go woke and go broke".


bahhahahhaaa
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Old 08-01-2023, 06:43 AM   #602
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Waco, you've missed the forest for trees as the American people toss money towards Cosntellation and Miller Coors. They're even more woke and have greater ownership by Blackrock, Vanguard, etc.

But keep on keeping on, guy.

It's a cut off your nose to spite your face moment and you don't even recognize it.
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Old 08-03-2023, 11:29 AM   #603
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OOOF - wonder if the ill informed leftists still think this is blowing over quickly

Anheuser-Busch lost a staggering $390 MILLION in second quarter sales as Bud Light's sales to retailers plunge

* Figures show US revenue declined by 10.5 percent in the April-to-June period
* In North America the company lost $390 million compared to last year in Q2
* Anheuser-Busch blamed the 'volume decline' of Bud Light for the plunge

Anheuser-Busch has lost a whopping $390 million in US sales in the wake of its partnership with transgender influencer Dylan Mulvaney.

The parent company blamed the 'volume decline' of Bud Light for the drop in revenue in its second quarter - with figures showing that total US revenue dropped by 10.5 percent in the April-to-June period compared to a year earlier.

The world's largest brewer said Thursday that sales to US retailers had plunged 14 percent, adding that it had been 'underperforming the industry.' This was a direct result of the tie-in with Mulvaney.
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Old 08-03-2023, 11:58 AM   #604
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Default Ok.. so what did we learn?

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The world's largest brewer said Thursday that sales to US retailers had plunged 14 percent, adding that it had been 'underperforming the industry.' This was a direct result of the tie-in with Mulvaney.
I will be enjoying a cold Bud Light or two tonight in celebration of freedom. After the first quarter we check the scoreboard but the W or L doesn't come from the first intermission. Let's see what it looks like at halftime in the fall.

https://finance.yahoo.com/video/ab-i...161846808.html
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Old 08-04-2023, 10:49 AM   #605
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OOOF - where is the "This will quickly blow over" crowd now

The Wall Street Journal reported Thursday that “Bud Light sales might never fully regain the ground they have lost to competitors” as stores clear their shelves to make room for other brands.

Washington Post journalist Megan McArdle responded to The Journal’s report, “I remain shocked by the durability of the effects of the conservative boycott on Bud Light. WSJ reports that retailers are now reallocating shelf space to other brands, which will help lock in the decline.”
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Old 08-04-2023, 11:06 AM   #606
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It’s pretty satisfying to see a boycott actually be effective. The left just tried canceling that country singer guy for his not racist song (one of those dog whistles only leftist hear) and it immediately climbs to the top of the charts.
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Old 08-04-2023, 01:01 PM   #607
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Would be smarter to post the earnings call info. Lots of good info in there, guys.
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Old 08-04-2023, 03:50 PM   #608
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It’s pretty satisfying to see a boycott actually be effective. The left just tried canceling that country singer guy for his not racist song (one of those dog whistles only leftist hear) and it immediately climbs to the top of the charts.
It is indeed. The Bud Light decline is being locked in as they lose shelf and tap space

And yeah, the left's attack on Jason Aldean failed spectacularly
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Old 08-04-2023, 05:43 PM   #609
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Is being locked in? Seem a bit late on that call.

Still not the big goddamn deal some would pretend it to be.
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Old 08-04-2023, 06:36 PM   #610
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Would be smarter to post the earnings call info. Lots of good info in there, guys.
I don’t even know what that means.

*sidles off in embarrassment*
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Old 08-04-2023, 09:41 PM   #611
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I got you, J. It's ok.

https://www.fool.com/earnings/call-t...rnings-call-t/

Any CFO's in our midst should be chomping at the bit to talk about the earnings call and cut through the jargon to give us some solid analysis, including calling out Doukeris when he's glossing over negatives and spinning.

Plethora of interesting tidbits in that transcript.
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Old 08-04-2023, 10:58 PM   #612
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... Ya know, mates - I'm surely wonderin' why the Bud Light
people are not champing at the bit to show the good news
instead of the bad.

Must NOT be very good.

#### Salty
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Old 08-05-2023, 08:32 AM   #613
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Idk, Salty. 80% favorability rating makes them more popular with Americans today than Biden and Trump combined.
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Old 08-05-2023, 10:03 AM   #614
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Quote:
Originally Posted by Salty Again View Post
... Ya know, mates - I'm surely wonderin' why the Bud Light
people are not champing at the bit to show the good news
instead of the bad.

Must NOT be very good.

#### Salty
When all the news is bad for Bud light Salty, there is no good news for them to show
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Old 08-05-2023, 03:05 PM   #615
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If you bothered to look at those earnings call notes you'd know it isn't all bad news.

We know why you don't though
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