Some facebook-meme level reasoning here bro. If gates bought $100m in stock in september then he’s made $10m on that bet in the last 4 months. You can cherry-pick whatever factoids you like but the bare facts are, no one really cares.
I guess we will see what happens when woolies share price tanks this week. SMH.
So you ignore 90% of my post that proves my point to focus on the 10% that you think proves yours? Lol
Let me guess - it was a coincidence that bud light got dethroned after 20 years at the same time they pulled their stunt?
Dude. You asked how things worked out for Bud Light. Bud Light is InBev. Things are going great.
You’re trying to shoe-horn their PR failure into your narrative that left-leaning companies get cancelled to make yourself feel better about… things, but the fact is Woolies ditched the merch because most people aren’t really interested in buying shitty plastic flag stuff on the 26th of January any more. Dutton whistled, and you barked. Woolies is doing fine. Even if they walked back this decision they would just stock a token flag in January because… there’s no money in that shit.
Bud light is doing terribly. Just because the parent company is going well it doesn’t mean every product of theirs is 😂. Again - 20 years as americas number 1 beer………Dylan mulvaney partnership…….loses number 1 spot immediately, hasn’t regained it. Market share dropped. Competitors market shares increased. Bud light was irrevocably damaged from that stunt.
The overwhelming outrage at Woolies at the moment shows that it was a stupid decision. They did it for the wrong reasons and they will feel the pushback in one way or another. Will it be as big as bud lights? Not a chance with our supermarket duopoly, but they will lose customers and the stunt won’t gain them any new ones.