Commodity Channel Index
|Bid||56.57 x 1400|
|Ask||56.40 x 800|
|Day's Range||56.81 - 57.20|
|52 Week Range||44.51 - 67.09|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||15.57|
|Forward Dividend & Yield||0.82 (1.44%)|
|Ex-Dividend Date||May 03, 2023|
|1y Target Est||68.68|
Subscribe to Yahoo Finance Plus to view Fair Value for BUDLearn more
Following Target’s announcement last week that it removed products and relocated Pride displays to the back of certain stores in the South, activists in the LGBTQ+ community are calling for new campaigns to convince corporate leaders not to cave to anti-LGBTQ+ groups. “We need a strategy on how to deal with corporations that are experiencing enormous pressure to throw LGBTQ people under the bus,” said California state Sen. Scott Wiener, D-San Francisco, a member of the LGBTQ legislative caucus. “We need to send a clear message to corporate America that if you’re our ally — if you are truly our ally — you need to be our ally, not just when it’s easy but also when it’s hard,” he said.
In this article, we are going to discuss the 20 biggest beer brands in America. You can skip our detailed analysis of the growth in the American beer industry, effects of Covid-19 on the beer market and the emergence of craft beers and go directly to 5 Biggest Beer Brands in America. According to a report […]
In this article, we are going to discuss 25 U.S. states with the highest beer consumption per capita. You can skip our detailed analysis of the history of beer, consumption and sales figures of beer in the U.S., the recent backlash against the most popular beer in America and the market outlook of the global […]
In recent weeks, Anheuser-Busch Inbev has been struggling to deal with the public outcry over a social media advertising campaign it sponsored with transgender personality Dylan Mulvaney. Bud Light, the company's brand that has been leading U.S. beer sales for years, found itself at the center of the controversy. Now, AB Inbev is discontinuing its Babe wine and Hiball energy brands.
Shares of Target were on pace to close the week at their lowest levels in nearly three years. The seven-day selloff is partially about earnings, and partially about a decision to adjust its LGBTQ+ Pride Month collection. Target shares (ticker: TGT) have been falling since last week, dragged down by the company’s mixed first-quarter results.
According to this crisis management expert, when companies like Target get political, the risk of losing loyal customers is real.
Fitch Puts U.S. Debt on ‘Credit Watch Negative,’ Fed officials split on rate hike, and other news to start your day.
Target stock was falling Wednesday after the retailer said it was removing certain products and making other changes to its LGBTQ merchandise after facing pushback from customers. The company didn’t disclose the items it was removing, the Associated Press reported, but “tuck friendly” women’s swimsuits and products from Abprallen, which sells satanic-themed LGBTQ+ products, have sparked controversy. This is the last thing Target (ticker: TGT) needs right now, as question marks continue to hover around consumer discretionary spending.
The parent company of major beer brands Budweiser and Bud Light has been under pressure from groups across the political spectrum—as well as from investors—for its handling of a recent social media promotion featuring a transgender influencer. At recent check AB InBev (ticker: BUD) was down 2% to $57.56 on Wednesday. The company made waves earlier this spring after partnering with transgender actress and social-media personality Dylan Mulvaney, who was seen cracking open a Bud Light on Instagram as part of a marketing campaign.
Anheuser-Busch stock bucked the controversy at first, but it's now on a five-week losing streak. Can the stock find support and bounce?
Another group is getting burned by Anheuser-Busch's controversial Bud Light promotion and resulting boycott: Its investors.
Target is pulling some Pride collection products off its shelves after some customers made their homophobic feelings known.
"Shark Tank" investor Kevin O'Leary recently spoke out about the ongoing backlash Anheuser Busch InBev SA has faced since introducing TikTok celebrity Dylan Mulvaney as one of its spokespeople. O'Leary tweeted about the topic on May 23, saying that Bud Light has become the "poster boy for brand mismanagement." In an appearance on Fox News, O'Leary goes into more of his thoughts about the bungled ad campaign.
Bud Light sales continue to be under pressure after a recent marketing campaign.
Bud Light sales were down 28.4% in the latest week, and parent Anheuser-Busch is now offering big rebates that could cut the cost of a case to under $5.
As investors try to assess the fallout on global brewing leader Anheuser-Busch InBev from a backlash against Bud Light, rival Heineken is spending $100 million to promote a new light beer to Americans.
As investors try to assess the fallout on global brewing leader Anheuser-Busch InBev from a backlash against Bud Light, rival Heineken is spending $100 million to promote a new light beer to Americans. The Dutch brewer sees Heineken Silver driving fresh momentum into its U.S. business, where sales of standard Heineken have broadly stagnated in the past decade.
Anheuser-Busch wholesalers say they have faced plummeting sales and personal threats over backlash from a promotion with a transgender influencer.
Alissa Heinerscheid, who oversaw Bud Light marketing, and her boss Daniel Blake are placed on leave.
Two executives have been put on leave, and sales of the No. 1 U.S. beer have declined in recent weeks.
As the backlash against Anheuser-Busch brand Bud Light seems to be on a low simmer, conservative shoppers are turning their sights on other companies they believe are "going woke." Most recently, Target has become a different kind of target for right-wing volatility online. Target has always been a supporter of LGBTQ+ rights.
Bud Light's parent company Anheuser-Busch InBev SA has been working hard to distance itself from the recent controversy surrounding a one-time promotional campaign with transgender TikTok celebrity Dylan Mulvaney. In the wake of the conservative backlash over the partnership, Anheuser-Busch offered up a tepid response, claiming that the company "never intended to be part of a discussion that divides people." For consumers, the statement contained no commitment to stand with Mulvaney or the LGBTQ community.
Top beer stocks for the second quarter include Carlsberg A/S (CABJF), United Breweries Co. Inc. (CCU), and Tsingtao Brewery Co. Ltd. (TSGTF), each of which has seen its share price rise by more than 25% in the past year. Beer stocks, as represented by the S&P 500 Consumer Staples Sector Index benchmark, have risen 8% in the past 12 months compared with a 7% gain for the Russell 1000. Here are the top three beer stocks with the best value, the fastest growth, and the most momentum.
With one blunder after another, the brewing giant behind the brand became a case study in how not to handle a culture-war storm
The country's largest advocacy group for LGBTQ+ rights has suspended its benchmark equality and inclusion rating for Anheuser-Busch, citing the beer company's handling of the hate-filled and transphobic backlash to its partnership with transgender influencer Dylan Mulvaney last month. The Human Rights Campaign informed the Bud Light maker that it suspended the company's 2022 Corporate Equality Index score — a tool that measures corporate policies, practices and benefits related to the well-being of lesbian, gay, bisexual, transgender and queer employees — on May 9, according to a letter shared with the The Associated Press on Friday. The suspension of Anheuser-Busch’s CEI score means that the company “no longer has the right to use the ‘Best Places to Work’ distinction,” HRC’s letter says.