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Anheuser Busch Fires Its Entire Marketing Department
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08-09-2023, 04:51 PM
(This post was last modified: 08-09-2023, 05:33 PM by The Real Marty. Edited 6 times in total.)
(08-09-2023, 04:00 PM)The Drifter Wrote: Anheuser-Busch forced to sell off EIGHT of its craft beer brands after a staggering $27 billion loss You know, the article you linked actually says Anheuser-Busch's world-wide revenue was UP 7% last quarter. So they probably weren't "forced" to sell off those craft beer brands. And there wasn't any $27 billion loss. I don't know where you got that number. They're not losing money. I looked it up, and their 2nd quarter 2023 revenue was over $15 billion, with $339 million net income. Where do you get that $27 billion loss? If you want to speculate a little, it might be time to buy the stock. This boycott BS is going to eventually blow over. They make a lot of different brands of beer, they sell them worldwide, and they are still making money. And people aren't going to stop drinking beer. Bud Light owner AB InBev beats forecasts despite boycott (cnbc.com) |
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