Sea Ray
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- Dec 9, 2013
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What the hell is a free case of (bad) beer gonna do?
I don't see how that moves the needle at all
This has to be painful:
Anheuser Busch offers free beer amid Bud Light backlash - report (NYSE:BUD) | Seeking Alpha
This whole thing has got to do wonders for Dylan Mulvaney's resume as a spokesperson
In order to smooth over ties with the distributors, many of whom were hit hard due to the decline in sales of the beer in the blue can, the Wall Street Journal reports that the company has pledged increased spending on marketing and a free case of Bud Light “to every employee of an Anheuser-Busch wholesaler.”
I don't see how that moves the needle at all
This has to be painful:
Per the latest data released by Nielsen on Monday, Bud Light sales crashed 21% in the penultimate week of April as compared with the same period in 2022. Data released earlier in the month also reflected a sharp jump in Molson Coors (TAP) owned Miller Lite as the beginning of Bud Light’s sliding sales trends began to show up.
Shares of AB InBev (BUD) slid 1.6% in afternoon trading as Molson Coors (TAP) shares surged 7.68% after pouring up a Q1 earnings beat.
Anheuser Busch offers free beer amid Bud Light backlash - report (NYSE:BUD) | Seeking Alpha
This whole thing has got to do wonders for Dylan Mulvaney's resume as a spokesperson