Ep. 1642 Bud Light Just Got Some DEVASTATING News!!!
Turley Talks
podcast@turleytalks.com
4.8 • 1.3K Ratings
🗓️ 26 May 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
It’s a nightmare from hell for Bud Light! If you can believe it, Bud Light just got even worse news as the boycott to end all boycott continues!
Highlights:
● “According to analysts at JPMorgan, Bud Light's sales have declined by around 24%, which translates into a projected overall loss in earnings of an astonishing 26%. To put the matter rather simply, a quarter of Anheuser Busch’s empire has been wiped out!”
● “Alissa Heinerscheid, she’s still on just a leave of absence as I understand it. I mean, what do you say to that? How do you basically burn over $15 billion dollars in revenue for a company and still have your job?”
● “The right is far more likely to boycott AGAINST wokeness than the left is to buycott for it.”
Timestamps:
[01:30] Bud Light’s bad news from JP Morgan
[03:05] Shark Tank’s Kevin O’Leary’s recent take on this fiasco
[06:36] What’s the real power behind this boycott
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Transcript
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| 0:00.0 | Are we seeing the revitalization of conservative civilization, all over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values, and it's just the beginning. |
| 0:19.0 | I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink, and a new conservative age is rising. |
| 0:27.0 | Every day, as we examine these worldwide trends, discover answers to today's toughest challenges, and together learn to live in the present in light of even better things to come. |
| 0:39.0 | This is Turley Talks. |
| 0:43.0 | Here we are talking about it in its second month. |
| 0:52.0 | This is a nightmare from hell for the brand. |
| 0:56.0 | And the sales don't, they haven't, some brands in the United States have had declines getting lesser, but Bud Light's still down big. |
| 1:05.0 | This is worse than New Coke, Old Coke, and it's becoming its own story for the ages. |
| 1:11.0 | I'll be teaching this with at Harvard. There's no question about it. |
| 1:15.0 | It's a nightmare from hell for Bud Light. Hey, gang, it's me, Dr. Steve, and if you can believe it, Bud Light just got even worse news as the boycott to end all boycott continues. You're not going to want to miss this. |
| 1:30.0 | Bud Light just got some more devastating news this time from JP Morgan Analysts. |
| 1:36.0 | If Enhance or Bush executives thought that this boycott against their disastrous Dylan Mulvaney campaign would be nothing more than a glitch in their earnings, they're in for one rude awakening. |
| 1:48.0 | According to Analysts at JP Morgan, Bud Light sales have declined by around 24%, which translates into projected overall loss in earnings of an astonishing 26%. |
| 2:00.0 | In other words, quarter of the company is gone. I mean, to put the matter rather simply a quarter of anhyzer Bush's empire has been wiped out. |
| 2:10.0 | This boycott has been nothing less than an absolute bloodbath for Bud Light. And again, note, this is all happening at the very same time that competitors like Corz Light and Miller Light have actually seen sales increase. |
| 2:23.0 | So this is a clear boycott bycott calculus that's crushing Enhance or Bush, who to this day still has yet to apologize for that disastrous Dylan Mulvaney campaign. |
| 2:34.0 | All told the Dylan Mulvaney fiasco has caused Bud Light upwards of $15.7 billion into my knowledge. |
| 2:44.0 | Enhance or Bush has yet to even formally fire that disastrous marketing VP Alyssa Heinershad, she's still technically on a leave of absence as I understand. |
| 2:54.0 | I mean, what do you say to that? How do you basically wipe out $15 billion in revenue for a company and still have your job? |
| 3:03.0 | Here's Shark Tank's Kevin O'Leary once again, and his recent take on this fiasco. |
| 3:08.0 | And there have been bars that have banned all anhyzer Bush products because Bud Light tried to distance itself from Dylan Mulvaney and what happened? |
| 3:18.0 | So the lesson learned and what everybody should think about in every consumer product category, when you take polarized positions on any narrative, you are going to alienate 50% of your consumer 100% of the time. |
... |
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