It seems Ben and Jerry’s may be next in the firing line after they made waves with a provocative 4th of July tweet claiming the US is on stolen Indigenous land. Could we witness a downturn similar to Bud Light?
Or is their irresistibly good ice cream strong enough to keep their ship afloat?
Edit: Side note - in the absence of B&J, what ice cream are you turning to? I’m in AUS. So B&J was a game changer. Not anything else like it that I’m aware of.
What down turn? Bud made more profit than average during the “boycott”
They slipped from #1 best selling beer for a quick minute, to be replaced by another InBev product. Good job, redcaps, you sure showed who’s boss around here.
It’s capital.
They are buying their own stock back.
Sales remain 25% lower.
“Quick minute” slightly understated the gravitas of the situation.
https://amp.cnn.com/cnn/2023/06/16/business/bud-light-distributor-response/index.html
It’s like canceling the McDouble and sending your business to the McChicken. McDonalds isn’t actually hurt by it.
I am confused by the analogy.
Modello took Bud Light’s top spot. The same company owns both products. You’re boycotting Pizza Hut, and instead going to Taco Bell. Same clown, different paint