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Post by Bwoods11 on Apr 17, 2023 7:28:13 GMT -6
I bet by this time next year it will have all blown over and their stocks will be no worse for it. They freely admit they've supported that type of thing for years and beer drinkers always gravitate back to their favorites. I’m going to agree to disagree on that one. I think the stock will drop about $10 eventually. I think Bud Light will struggle, but my guess is Busch Light will be solid, and most other brands will be fine .. they will come out with something new and possibly offset the sales. The stock itself has been a dog the last ten years.
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Post by Catscratch on Apr 17, 2023 7:48:40 GMT -6
I bet by this time next year it will have all blown over and their stocks will be no worse for it. They freely admit they've supported that type of thing for years and beer drinkers always gravitate back to their favorites. I’m going to agree to disagree on that one. I think the stock will drop about $10 eventually. I think Bud Light will struggle, but my guess is Busch Light will be solid, and most other brands will be fine .. they will come out with something new and possibly offset the sales. The stock itself has been a dog the last ten years. I know little about stocks and where the company is going. I'm just saying that I think most beer drinkers who actually liked Bud Light will have a short memory on this one.
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Post by smsmith on Apr 17, 2023 7:55:36 GMT -6
One of the very few guys I know who drinks Bud Light is still drinking Bud Light. He's 100% "redneck" and he doesn't give a shit who/what Bud Light uses to sell their beer. He likes Bud Light and will continue to drink it. I'd imagine his behavior is pretty close to the "average" Bud Light drinker's behavior.
After all, if we're all so upset about the ad campaign we'd all be giving up Anheuser-Busch products of any flavor. I saw an awful lot of Busch Light, Mich Ultra, and Mich Golden Light getting served over the weekend.
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Post by Bwoods11 on Apr 17, 2023 7:57:55 GMT -6
Yep . I’m going by Disney, Bed Bath & Beyond and a couple other companies!
The NFL lost 6 billion in revenue due to kneeling. But came back strong. Nike has done fair to good…although they have not increased earnings per share & the stock is down $50 since 2021.
Dicks Sporting Goods has been fine.
Bud ?? I guess we will see in 6 months! I own Altria stock (MO) which has a 10% ownership in Bud. So I’m not hoping for their demise, but I do think it will have some impact.
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Post by Catscratch on Apr 17, 2023 8:22:13 GMT -6
I find it easy to boycott based on constitutional rights. Dicks for instance hasn't gotten a single dollar from me since they made their stance on the 2A clear. This social stuff is usually just garbage to me. I feel it's a tool to get people fired up and create division.
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Bud lite
Apr 17, 2023 8:49:31 GMT -6
via mobile
Post by Bwoods11 on Apr 17, 2023 8:49:31 GMT -6
I find it easy to boycott based on constitutional rights. Dicks for instance hasn't gotten a single dollar from me since they made their stance on the 2A clear. This social stuff is usually just garbage to me. I feel it's a tool to get people fired up and create division. Ditto on Dicks Sporting Goods! Scheels, Cabelas and Fleet Farm for me !
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Post by honker on Apr 17, 2023 11:25:07 GMT -6
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Post by nhmountains on Apr 23, 2023 8:44:31 GMT -6
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Post by nhmountains on Apr 23, 2023 8:53:14 GMT -6
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Post by Bwoods11 on Apr 23, 2023 20:24:53 GMT -6
I just watched the Wild game with a good friend who owns a bar in Anoka. He said they halted all orders on Bud Light. A Bud rep called and wanted a sit down “to explain “, and he said no thanks !
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Bud lite
Apr 24, 2023 6:34:59 GMT -6
via mobile
Post by biglakebass on Apr 24, 2023 6:34:59 GMT -6
What bar?
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Bud lite
Apr 24, 2023 10:09:07 GMT -6
via mobile
Post by Bwoods11 on Apr 24, 2023 10:09:07 GMT -6
He’s the majority owner of 201 Tavern.
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Post by biglakebass on Apr 24, 2023 10:10:56 GMT -6
That must be fairly new. I dont recall any bar there not too many years ago.
Billys was our staple for many years when I lived in andover.
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Bud lite
Apr 24, 2023 10:11:11 GMT -6
via mobile
Post by Bwoods11 on Apr 24, 2023 10:11:11 GMT -6
Just for the record they still sell Busch Light, Michelob. Hard to dump all of them !
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Bud lite
Apr 24, 2023 10:13:39 GMT -6
via mobile
Post by Bwoods11 on Apr 24, 2023 10:13:39 GMT -6
That must be fairly new. I dont recall any bar there not too many years ago. Billys was our staple for many years when I lived in andover. Not sure how old the bar is. Nice place, good food !I was there 3-4 years ago ? He lives on Lake Minnewaska by Starbuck. That’s how I know him.
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