I don’t know guys, some of you need to boycott harder. Lol. The next quarterly earnings due in July will tell a more complete story of the boycott but for now it’s an lol.
Revenue up double digits, earnings up, stock nears all time highs. Yeah, Boycott is really hurting them
Anyone see the prominent Bud commercials at the NFL draft? Oh, wait, wasn’t the nfl being boycotted by the same demographic?
I don’t own any BUD, I don’t drink bud, I don’t care about Bud. I think, not realizing who their customer is led to the biggest marketing blunder I can recall. Maybe the Chevy Nova marketing in Latin America was slightly worse. Bud,😂, this blunder was epic.
I just find it funny as hell that some people got all in their feelings about a picture on a can. Man, Fuck your feelings. It’s not like they put dicks inside each beer can.
Bud, 😂, I do like the horses. Stock seems to be doing fine too. Lmao. Boycotts have the lifespan of gas station sushi.
Revenue up 13% and earnings up 8%. Solid numbers for a company under attack.
Results: Anheuser-Busch's earning rose 8.3% to 65 cents per share on 13.2% revenue growth to $14.2 billion.
Expectations: Analysts expected Anheuser-Busch earnings to tumble 11.9% to 59 cents per share on 6.3% revenue growth to $14.1 billion.
Outlook: Anheuser-Busch guided 2023 earnings before interest, taxes, depreciation, amortization (EBITDA) growth between 4% to 8%, which is in-line with its medium-term outlook. The company sees revenue growth ahead of EBITDA "from a healthy combination of volume and price."
For the year, FactSet forecasts earnings edging up to 0.6% on 7.6% revenue growth to $62.19 billion.
Any updates Geraldo????
Bud light sales….. down or up?
Bud Light sales. That's the figure to follow. The protest has been very successful.
You're (purposely) conflating the parent company quarterly returns vis a vis Bud Light sales the past three weeks.
"It’s not like they put dicks inside each beer can"
HA, don't give them any more marketing ideas. They will call it "the lucky can" and when you open it a little balloon dick will inflate from the carbonation and have a prize code on it. Redeemable on-line. It will be like Camel Cash or Marlboro Miles.
Have you heard of the term Conglomerate?