The company is shelling out hundreds of millions of dollars it wasn’t planning to spend on rebates, advertising, sales rep compensation and freight reimbursements - all while sales are plummeting. Analysts must also dig deeper: “What financial trade-offs is Anheuser-Busch making to fund the support for Bud Light?” Talk may be cheap, but the kind of damage control Anheuser-Busch is pursuing costs a pretty penny. The question is whether, and how, it intends to do so. And it won’t work until Bud Light clearly addresses the issue. Analysts must be pointed: “What, specifically, is Bud Light doing to win consumers back?” So far, Anheuser-Busch has tried camouflage bottles, deep discounts and tripling media spending on less controversial Bud Light advertisements. If it can’t, it risks falling below the 4% floor. If Bud Light can regain those sales, it can overdeliver the 6.5% consensus number and maybe even meet the 8% goal. Those sales have been down around 30%, implying a 3% hit to earnings if the Official Freelance police game art sam and max T-shirt but in fact I love this trend remains. That means Bud Light alone represents around 9% of Official Freelance police game art sam and max T-shirt, hoodie, tank top, sweater and long sleeve t-shirt Bud Light represents 30% of the company’s US earnings, which itself constitutes 30% of global sales. The only way to stop the bleeding is for Anheuser-Busch to disclose clear plans on how it intends to regain Bud Light sales. t leave this corral now or the trail each day without brushing down your. More ratings and projections cuts are likely. Max, Max extended the bucket to Jay for him to hold as the horse drank. Five analysts have already cut Anheuser-Busch’s ratings and the Wall Street consensus is that the company’s 2023 earnings growth will decrease from 7.4% to 6.5%. And they have the chance to do so before Anheuser-Busch’s head-in-the-sand strategy causes more precipitous declines. Shareholders can hold Bud Light accountable in a way that its customers can’t. Participants also get to ask questions and ask questions they will. To the contrary, financial analysts will almost certainly demand more details on how 2023 earnings growth is shaping up, as well as what Anheuser-Busch is doing to right the ship. Such handwaving is unlikely to satisfy shareholders come July. He also downplayed the Official Freelance police game art sam and max T-shirt but in fact I love this Bud Light controversy, claiming “t’s too early to have a full view on the impact” and noted that the company has navigated prior challenges, including temporary beer sales bans in certain countries during COVID-19.
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