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Alejandro Santo Domingo, a Colombian billionaire with a family stake in Anheuser-Busch InBev SA, and property investor Mitchell Morgan are also part of the consortium, according to a report from Sportico.
Source: https://fortune.com/2023/05/05/former-google-chief-eric-schmidt-washington-commanders/
Anheuser-Busch has nearly destroyed its Bud Light brand by hiring transgender performance art activist Dylan Mulvaney to hawk the brand — and his own transitioning — to America’s working classes.
Anheuser-Busch, which has introduced nonalcoholic and canned cocktail drinks, reported that its beer sales in North America fell 4 percent last year.
Source: https://www.nytimes.com/2023/04/25/business/bud-light-dylan-mulvaney.html
A spokesperson has explained in a statement that Anheuser-Busch just wants to be diverse and inclusive and isn’t actually selling the beer.
Source: https://www.gopusa.com/trans-tiktoker-dylan-mulvaneys-inclusive-bud-light-cans-arent-even-for-sale/
At Anheuser-Busch, our purpose is to create a future with more cheers.
Bank of Montreal Can grew its position in Anheuser-Busch InBev SA/NV by 14.1% in the first quarter.
Bessemer Group Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 253.0% during the 2nd quarter.
"Bill Gates is definitely making a mistake," former Anheuser-Busch exec Anson Frerks told "Cavuto: Coast to Coast" on Wednesday.
Source: https://www.theblaze.com/news/bill-gates-anheuser-busch-bud-light
Budweiser, Corona, and Stella Artois-maker, Anheuser-Busch InBev, reported profit growth that beat analysts’ estimates on the strongest pricing in at least a decade.
Source: https://www.irishexaminer.com/business/companies/arid-41131513.html
But Anheuser-Busch InBev CEO Michel Doukeris also downplayed the impact of the backlash, saying Bud Light’s U.S. sales declines in the first three weeks of April represented only 1% of InBev’s global volumes.
Source: https://centraloregondaily.com/bud-light-dylan-mulvaney-boycott-sales/
But Anheuser-Busch knows what it’s doing by trying to appeal to a younger audience—one that cares about inclusivity.
Connor Clark & Lunn Investment Management Ltd. lowered its stake in Anheuser-Busch InBev SA/NV () by 85.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
Consumers’ Research, Anheuser-Busch and Jack Daniels did not immediately respond to the Daily Caller News Foundation’s requests for comment.
Could 'Ultra Right Beer' face legal challenge from Anheuser-Busch?
Equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.2 EPS for the current fiscal year.
“Fuck Bud Light, fuck Anheuser-Busch, have a terrific day,” he says as he hoists his middle finger.
However, the boycott of Anheuser-Busch and Bud Light, prompted by their controversial partnership with Dylan Mulvaney, a TikTok influencer who pretends to be a girl, defied precedent.
HSBC downgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Wednesday, May 10th.
In the company's latest attempts to deal with the backlash, Anheuser-Busch has told wholesalers it will buy back unsold cases of Bud Light that are past their expiration date.
JPMorgan Chase & Co. raised Anheuser-Busch InBev SA/NV from an “underweight” rating to an “overweight” rating and increased their price target for the company from $45.00 to $70.00 in a research report on Monday, November 28th.