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New York CNN —Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a top rating for LGBTQ+ equality. Bud Light sales dropped in the ensuing weeks. Bud Light has been embroiled in controversy since April. But Bud Light hasn’t gotten the benefit of support for its initial deal with Mulvaney because of its subsequent reaction. During the discussion, he mentioned that Bud Light is just one brand within the company’s broad portfolio, which has not changed its full-year outlook.
Anheuser-Busch's global CEO Michel Doukeris discussed the impact of recent Bud Light backlash. Doukeris said the drop in Bud Light sales represented only 1% of the company's global sales volume. Previously, the Wall Street Journal reported that Bud Light Sales dropped by 17% by mid-April, per data created by Bump Williams Consulting and analyzed by Nielsen. By April 22, Bud Light sales in US stores dropped 21% compared to the previous year, per the sales data analysis reported on by the Journal. Bud Light has also reportedly offered a free case of beer to every employee of its wholesale distributors.
New York CNN —Anheuser-Busch will report earnings Thursday, marking the first time it will face Wall Street analysts’ questions since its Bud Light brand erupted in controversy. Sales of Bud Light have tumbled over the past month after the company delivered a custom can to Dylan Mulvaney, a transgender woman with a large Instagram following. The video went viral, with some supporting Mulvaney and the company, and others responding with anti-trans reactions and calls for a Bud Light boycott. The week prior, Bud Light revenue was down 17%, even as sales of rivals Miller Lite and Coors Light increased. Bud Light sales have been declining for years, but this situation has “snowballed” and made its troubles even more pronounced, Roth said.
Bud Light has reportedly seen dips in sales since a promotion that featured a transgender influencer. Amid the backlash, the company is giving out free cases of beer to employees of its wholesalers. Anheuser-Busch, the company that owns Bud Light, is gifting a case of Bud Light to all employees who work with the company's wholesale distributors, the Journal reported. On April 1, transgender influencer Dylan Mulvaney posted a video on Instagram that featured Bud Light cans designed with a picture of her face. Later, the Journal reported that Bud Light Sales dropped by 17% by mid-April, per data created by Bump Williams Consulting and analyzed by Nielsen.
New York CNN —For years, Bud Light leaned on jokey ad campaigns and its designation as a light beer to push sales. Now, Bud Light finds itself seeking younger drinkers, and stumbling through America’s polarized landscape in the process. There have been calls for a Bud Light boycott. And the stock of Bud Light owner Anheuser-Busch (BUD) has fallen only about 3% in the last month, suggesting Wall Street isn’t too worried. Bud Light, he thinks, could be missing out on that type of support.
New York CNN —Several Anheuser-Busch facilities received threats last week, a company spokesperson confirmed, following weeks of backlash against Bud Light because it sponsored two Instagram posts from a transgender woman. Mulvaney’s timeline shows one previous post that is also marked as a Bud Light partnership. Siegfried Anthony/STAR MAX/IPx 2023/APMulvaney is among many social media personalities that Bud Light partners with, Anheuser-Busch said in a statement to CNN last week. “F**k Bud Light, F**k Anheuser-Busch,” he said. Anheuser-Busch (BUD) is set to report its first-quarter financial results, including revenue, on May 4.
An article about Bud Light sales being down 80 percent and its entire marketing team being fired following the brand’s collaboration with transgender influencer Dylan Mulvaney stems from a satirical website. Mulvaney’s sponsorship with Bud Light triggered a conservative backlash. An Anheuser-Busch spokesperson told Reuters via email that the claim that sales were 80% down was not true. Reuters has debunked other claims related to the Mulvaney, including one saying the company CEO resigned (here), or apologized (here). A screenshot that says Bud Light sales are down 80% stem from a satire article.
A spokesperson for brewing company Anheuser-Busch told Reuters that online claims its CEO apologized for its collaboration with social media influencer Dylan Mulvaney are false. “I can confirm that these statements are inaccurate and there is no truth to them,” a spokesperson for Anheuser Busch told Reuters in an email. Reuters also could not find any credible news outlet reporting that the CEO of the company had apologized for the partnership. The claim that the company apologized appears to have originated from a satirical website called Dunning-Kruger-Times (here). The claim that Anheuser-Busch’s CEO apologized for company’s partnership with Dylan Mulvaney was originally published by a satirical website.
“I can confirm that these statements are inaccurate and there is no truth to them,” a spokesperson for Anheuser Busch told Reuters in an email. Anheuser Busch did once have a high-ranking executive named August Anheuser Busch III (here), (here) , who stepped down in 2011 (here). “I can confirm that these statements are inaccurate and there is no truth to them,” a spokesperson for Anheuser Busch told Reuters in an email. Anheuser Busch did once have a high-ranking executive named August Anheuser Busch III (here), (here) , who stepped down in 2011 (here). The article claiming that Anheuser Busch’s CEO has resigned was satirical.
“Kathy left this world the way she lived her life — loving, laughing and creating memories,” Odle said in a statement released by the LPGA Tour. Whitworth won the first of her 88 titles in the Kelly Girls Opens in July 1962. After briefly attending Odessa (Texas) College, she turned pro at age 19 and joined the LPGA Tour in December 1958. Whitworth won eight times in 1963 and 1965, and she had 11 victories in 1968. All these years later, the LPGA Tour total prize fund for 2023 will top $100 million.
Dec 25 (Reuters) - Kathy Whitworth, whose 88 LPGA Tour victories are the most ever by a player on a pro tour, passed away suddenly on Saturday while celebrating Christmas Eve with family and friends, her longtime partner Bettye Odle said. "It is with a heart full of love that we let everyone know of the passing of the winningest golf professional ever, Kathy Whitworth," Odle said in a statement on Sunday. Her mother and father supported her amid a sluggish start to her pro career and she won the first of her 88 LPGA Tour titles at the Kelly Girls Open in 1962. She went on to claim six major championships, was named LPGA Tour's Player of the Year seven times and became the first LPGA player to pass $1 million in career earnings. Her career included a rivalry with fellow late World Golf Hall of Famer Mickey Wright, who is second behind Whitworth in LPGA Tour wins with 82.
“It’s kind of a tightrope,” said John Scarano, campus ministry director at John Carroll University, a Jesuit school near Cleveland with “safe zone trainings” as part of its ministry to LGBTQ students. Last year, 33 LGBTQ students or former students at federally funded Christian schools filed a class-action lawsuit against the U.S. Department of Education, claiming the department’s religious exemption allows schools that receive federal dollars to unconstitutionally discriminate against LGBTQ students. In May, the Department of Education’s Office for Civil Rights launched a separate investigation for alleged violations of the rights of LGBTQ students at six Christian universities — including Liberty University. A high-stakes clash between students, faculty and the school’s board of trustees over hiring LGBTQ faculty is unfolding at Seattle Pacific University, a 131-year-old school affiliated with the Free Methodist Church. “I find that tragic.”To students like Fisher in Minnesota, concrete actions will show if LGBTQ people can truly be welcomed on Christian campuses.
On Tuesday, the EU steered away from a proposed price cap on Russian gas as it laid out new measures to tackle high energy prices. Overall LNG imports fell 7% year-on-year. Overall LNG imports fell 7% year-on-year. The decrease in LNG imports for Japan, Pakistan and India were 17%, 73% and 22% respectively, the IEA said. However, there is a clear increase month on month of coal power generation," IEEFA energy finance analyst Ghee Peh said.
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