The Bud Light Effect
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wrote on 3 May 2023, 20:04 last edited by
I doubt the bud light story had much of an effect.
Shareholder votes are dominated by the large buy side firms like Vanguard and Fidelity that control the shares held in mutual funds and ETFs. These guys would have voted no on these proposals a month ago.
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wrote on 3 May 2023, 21:12 last edited by
A-B doesn't have large shareholders?
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wrote on 3 May 2023, 23:19 last edited by jon-nyc 5 Mar 2023, 23:20
It probably does but how many shares are in all the S&P500 and large cap index funds?
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wrote on 3 May 2023, 23:23 last edited by
Just looked it up - 72% of KO held by institutions.
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wrote on 3 May 2023, 23:25 last edited by Mik 5 Mar 2023, 23:25
It’s a speed bump. The brand will recover. Even if their products suck.
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wrote on 3 May 2023, 23:26 last edited by
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wrote on 3 May 2023, 23:29 last edited by jon-nyc 5 Mar 2023, 23:29
To be clear, the top institutional holders own hundreds of millions of shares of Coke.
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wrote on 3 May 2023, 23:39 last edited by
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wrote on 4 May 2023, 01:47 last edited by
I think it is pretty rare for a shareholder proposal to get "yes" votes from the institution shareholders. I think that they are generally designed to get publicity, but have little chance to pass.
Just like politics I guess!!! LOL
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wrote on 4 May 2023, 04:04 last edited by
They showed the video from the vending areas of Fenway Park tonight. The Bud vendors had zero customers.
None. Nada. Zippola.
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wrote on 29 Oct 2023, 14:09 last edited by
Bud Light is switching from perverts to police.
It might help.
Bud Light announces $3M scholarship pledge to America's fallen or disabled first responders: 'Powerful impact'
Anheuser-Busch and Folds of Honor are accepting scholarship applications through Nov. 26
FacebookBud Light is raising its glass to America’s heroes.
The beer brand on Tuesday announced its commitment of $3 million in academic scholarships for the families of fallen or disabled first responders.
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wrote on 29 Oct 2023, 14:11 last edited by
Didn't they also just enter into a partnership with a wrestling league?
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wrote on 29 Oct 2023, 14:13 last edited by
Meh, I don’t think they’ve permanently damaged the brand. Their regular drinkers that dropped them have discovered “Hey! This Yuengling beer is pretty good”.I doubt they will fully recover.
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wrote on 29 Oct 2023, 14:16 last edited by
BTW, seen any Dylan commercials, lately? For anything?
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wrote on 29 Oct 2023, 21:38 last edited by
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wrote on 14 Mar 2025, 01:06 last edited by
A conservative beer company is pushing back after beer giant Anheuser-Busch filed a trademark claim against it after the company went viral for criticizing Bud Light’s association with a transgender influencer.
"Anheuser-Busch has filed a federal trademark opposition before the U.S. Patent and Trademark Office (USPTO) in an act of corporate revenge against Conservative Dad’s Ultra Right Beer," the Conservative Dad beer company said in a press release accompanied by a new video this week, explaining that Anheuser-Busch is claiming Ultra Right Beer's trademark request infringes on the trademark of Michelob Ultra.
Anheuser-Busch wrote in its opposition that it "believes that it will be damaged by the registration of the mark ULTRA RIGHT" and pointed out that it has "marketed and sold billions of products in the United States under the arbitrary and inherently distinctive mark ULTRA and variants."
The trademark filing comes roughly two years after Ultra Right Beer's launch video, which featured founder Seth Weathers smashing a Bud Light can with a baseball bat, went viral in response to Bud Light partnering with transgender influencer Dylan Mulvaney.
The partnership sparked a social media firestorm, causing beer drinkers to boycott Bud Light, which appeared to have a significant impact on the brand’s domestic sales.
