Also I had no idea the conservative backlash against these companies was so anemic. It really warms my heart to know that these bigoted fuckwits really are a loud minority.
It almost always is! There’s a lot of shit wrong in this world, but where American hillbillies choose to spend their money is absolutely not worth the media/social media attention we give it for some reason.
Stocks go up, stocks go down. Outrage has a short attention span. That being said, Bud Light was weathering the criticism just fine until they back-tracked and tried to reverse it to win back the idiots. Losing the LGBT+ customers hurt them far more, and it looks unlikely that they will retain their “Official Beer of Pride” title. Hatred just isn’t profitable.
They were all down because they missed previous earnings. SBUX and BUD are up big since last earnings, TGT is slightly up. American hillbillies do not determine share value.
I’d love for you to link some earnings with that statement because that’s absolutely bullshit lol
Edit: Fine, I’ll do it. Last quarter earnings:
SBUX, 14.20% revenue growth Y/Y
TGT, 0.60% revenue growth Y/Y, still beat EPS expectations
BUD, 7.39% revenue growth Y/Y
Do better.
Jesus christ you fucking killed him man.
Also I had no idea the conservative backlash against these companies was so anemic. It really warms my heart to know that these bigoted fuckwits really are a loud minority.
It almost always is! There’s a lot of shit wrong in this world, but where American hillbillies choose to spend their money is absolutely not worth the media/social media attention we give it for some reason.
Look at their stock prices though… everything has been bullish. Theirs have been dropping.
Stocks go up, stocks go down. Outrage has a short attention span. That being said, Bud Light was weathering the criticism just fine until they back-tracked and tried to reverse it to win back the idiots. Losing the LGBT+ customers hurt them far more, and it looks unlikely that they will retain their “Official Beer of Pride” title. Hatred just isn’t profitable.
They were all down because they missed previous earnings. SBUX and BUD are up big since last earnings, TGT is slightly up. American hillbillies do not determine share value.
https://sh.itjust.works/comment/1274248