Leroy N. Soetoro
2023-05-05 22:07:03 UTC
https://finance.yahoo.com/news/bud-light-sales-plunged-astonishing-
224500212.html
It can be difficult to measure the impact of a marketing campaign. But
Anheuser-Buschs latest ads featuring transgender influence Dylan Mulvaney
seem to have had an impact on sales of its flagship Bud Light beer.
The brands controversial marketing collaboration, which ignited fierce
reaction on social media, has apparently led to a dip in Bud Light store
sales by an astonishing 26% in the week ending April 22, according to
research by industry newsletter Beer Business Daily.
Don't miss
Rich young Americans have lost confidence in the stock market and are
betting on these 3 assets instead. Get in now for strong long-term
tailwinds
You could be the landlord of Walmart, Whole Foods and CVS (and collect fat
grocery store-anchored income on a quarterly basis)
UBS says 61% of millionaire collectors allocate up to 30% of their overall
portfolio to this exclusive asset class
"We've never seen such a dramatic shift in national share in such a short
period of time," the report said.
Bud Lights partnership with Mulvaney, who has 10.8 million followers on
TikTok, was meant to appeal to a young, broad audience of drinkers. But it
also drew a tremendous amount of backlash based on the influencers gender
identity.
If the boycott continues, the brands position as the best-selling beer in
the country could be in jeopardy. Rivals are already stepping in and
snapping up market share.
Here are some of the rival beer brands that investors can bet on before
the peak summer season commences.
Read more: Want to invest your spare change but don't know where to start?
There's an app for that
Coors Light & Miller Light
Coors Light, the second-most popular beer brand in America, appears to
have picked up market share from leading giant Bud Light. The data from
NielsenIQ and Bump Williams Consulting published by the Wall Street
Journal also revealed Coors Light sales increased 17.6% in the week ending
April 15.
Miller Lite saw a boost in sales, also 17.6%, in the same week compared to
last year.
Both brands are owned by the same company: Molson Coors Beverage Co. The
Colorado-based brewing giant is listed on the New York Stock Exchange
under the ticker TAP. The stock is up 24.4% over the past month as the
Bud Light debacle played out.
Michelob Ultra
Bud Light, Coors Light and Miller Lite dominate the market for light beer.
However, smaller brands like Michelob Ultra also seem to be getting a
boost from the Bud Light controversy. The brand saw dollar volumes rise
0.4% in the week ended April 15, according to industry news source
Brewbound. Market share of the super-premium segment rose 2.2% that same
week.
Michelob Ultra, however, is owned by Anheuser-Busch. Some investors may
see this as an opportunity to buy the beaten-down stock. Despite its
recent dip, Anheuser-Busch Inbev stock (NYSE:BUD) is down 1.68% over the
past month.
The company reported $14.2 billion in revenue in the first quarter, 13.2%
higher than the same period of the previous year. But this quarter ended
before the campaign so the numbers do not reflect the full impact.
Management said at the earnings call that it was too early to have a full
view.
The companys latest quarterly report revealed that only 28% of the
companys sales are generated in North America. That means its better
insulated from this controversy than most boycotters believe.
The stock is trading at just 22.55 times earnings per share and offers a
1.26% dividend yield. This could be the perfect opportunity for a
contrarian investor.
--
"LOCKDOWN", left-wing COVID fearmongering. 95% of COVID infections
recover with no after effects.
No collusion - Special Counsel Robert Swan Mueller III, March 2019.
Officially made Nancy Pelosi a two-time impeachment loser.
Donald J. Trump, cheated out of a second term by fraudulent "mail-in"
ballots. Report voter fraud: ***@mail.house.gov
Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden
fiasco, President Trump.
Under Barack Obama's leadership, the United States of America became the
The World According To Garp. Obama sold out heterosexuals for Hollywood
queer liberal democrat donors.
President Trump boosted the economy, reduced illegal invasions, appointed
dozens of judges and three SCOTUS justices.
224500212.html
It can be difficult to measure the impact of a marketing campaign. But
Anheuser-Buschs latest ads featuring transgender influence Dylan Mulvaney
seem to have had an impact on sales of its flagship Bud Light beer.
The brands controversial marketing collaboration, which ignited fierce
reaction on social media, has apparently led to a dip in Bud Light store
sales by an astonishing 26% in the week ending April 22, according to
research by industry newsletter Beer Business Daily.
Don't miss
Rich young Americans have lost confidence in the stock market and are
betting on these 3 assets instead. Get in now for strong long-term
tailwinds
You could be the landlord of Walmart, Whole Foods and CVS (and collect fat
grocery store-anchored income on a quarterly basis)
UBS says 61% of millionaire collectors allocate up to 30% of their overall
portfolio to this exclusive asset class
"We've never seen such a dramatic shift in national share in such a short
period of time," the report said.
Bud Lights partnership with Mulvaney, who has 10.8 million followers on
TikTok, was meant to appeal to a young, broad audience of drinkers. But it
also drew a tremendous amount of backlash based on the influencers gender
identity.
If the boycott continues, the brands position as the best-selling beer in
the country could be in jeopardy. Rivals are already stepping in and
snapping up market share.
Here are some of the rival beer brands that investors can bet on before
the peak summer season commences.
Read more: Want to invest your spare change but don't know where to start?
There's an app for that
Coors Light & Miller Light
Coors Light, the second-most popular beer brand in America, appears to
have picked up market share from leading giant Bud Light. The data from
NielsenIQ and Bump Williams Consulting published by the Wall Street
Journal also revealed Coors Light sales increased 17.6% in the week ending
April 15.
Miller Lite saw a boost in sales, also 17.6%, in the same week compared to
last year.
Both brands are owned by the same company: Molson Coors Beverage Co. The
Colorado-based brewing giant is listed on the New York Stock Exchange
under the ticker TAP. The stock is up 24.4% over the past month as the
Bud Light debacle played out.
Michelob Ultra
Bud Light, Coors Light and Miller Lite dominate the market for light beer.
However, smaller brands like Michelob Ultra also seem to be getting a
boost from the Bud Light controversy. The brand saw dollar volumes rise
0.4% in the week ended April 15, according to industry news source
Brewbound. Market share of the super-premium segment rose 2.2% that same
week.
Michelob Ultra, however, is owned by Anheuser-Busch. Some investors may
see this as an opportunity to buy the beaten-down stock. Despite its
recent dip, Anheuser-Busch Inbev stock (NYSE:BUD) is down 1.68% over the
past month.
The company reported $14.2 billion in revenue in the first quarter, 13.2%
higher than the same period of the previous year. But this quarter ended
before the campaign so the numbers do not reflect the full impact.
Management said at the earnings call that it was too early to have a full
view.
The companys latest quarterly report revealed that only 28% of the
companys sales are generated in North America. That means its better
insulated from this controversy than most boycotters believe.
The stock is trading at just 22.55 times earnings per share and offers a
1.26% dividend yield. This could be the perfect opportunity for a
contrarian investor.
--
"LOCKDOWN", left-wing COVID fearmongering. 95% of COVID infections
recover with no after effects.
No collusion - Special Counsel Robert Swan Mueller III, March 2019.
Officially made Nancy Pelosi a two-time impeachment loser.
Donald J. Trump, cheated out of a second term by fraudulent "mail-in"
ballots. Report voter fraud: ***@mail.house.gov
Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden
fiasco, President Trump.
Under Barack Obama's leadership, the United States of America became the
The World According To Garp. Obama sold out heterosexuals for Hollywood
queer liberal democrat donors.
President Trump boosted the economy, reduced illegal invasions, appointed
dozens of judges and three SCOTUS justices.