Florida's BRILLIANT Governor DeSantis investigates Woke company that is hurting state pension funds with Bud Light debacle

[reason10]

No, this isn't just Governor DeSantis waging war against "WOKE," (which only an intelligent person would do.)(

https://www.foxbusiness.com/politics/desantis-asks-state-to-investigate-ab-inbev-for-failing-shareholders-by-pushing-radical-social-ideologies

DeSantis asks state to investigate AB InBev for failing shareholders by pushing ‘radical social ideologies’

Florida Gov. Ron DeSantis is asking the head of the State Board of Administration (SBA) to review its holdings of AB InBev, citing the ongoing decline of its subsidiary company Bud Light. In a letter sent to SBA Executive Director Lamar Taylor, DeSantis speculated that AB InBev may have "breached legal duties" to its shareholders by partnering with transgender activist Dylan Mulvaney and pushing "radical social ideologies." 

"It has come to my attention that the State Board of Administration (SBA) currently holds global equity assets with Anheuser-Busch InBev (AB InBev)," the governor wrote in the Thursday letter. "As you well know, AB InBev's performance has plummeted since its decision to associate its Bud Light brand with radical social ideologies. That fateful decision has transformed America's formerly best-selling beer — and one of InBev's best-performing assets — into a commercial pariah. InBev's losses have been staggering." 

Data from Evercore ISI shows that in the 12-week period leading up to July 2, Bud Light’s sales volume fell by 27.1% over that timeframe – which includes much of the aftermath following Mulvaney’s early April social media post showing the custom can Bud Light provided her with.

In that same period, rival light beers saw sales rise. Coors Light's sales volume rose by 17.8%, while Miller Lite’s increased by 14.3% and Corona Light’s ticked up by 3%. The fallout from the Bud Light controversy has spilled over into other Anheuser-Busch InBev beers which have also suffered from sales declines. 

"Our legal commitments and obligations, however, remain perfectly clear: we must prudently manage the funds of Florida’s hardworking law enforcement officers, teachers, firefighters and first responders in a manner that focuses on growing returns, not subsidizing an ideological agenda through woke virtue signaling," DeSantis continued.

Did you really think anyone would notice when a company went from this

 

to this?

[SNOWFLAKE]

This OP only knows how to post claptrap so glad to see zero responses (except for mine). Let's keep it at just 1.

[reason10]

On 7/22/2023 at 5:06 PM, SNOWFLAKE said:

This OP only knows how to post claptrap so glad to see zero responses (except for mine). Let's keep it at just 1.

Crawl back under your rock, TROLL.

[SNOWFLAKE]

4 hours ago, reason10 said:

Crawl back under your rock, TROLL.

Still reacting to everything I say about you?

 

[Nationalist]

On 7/22/2023 at 12:28 PM, reason10 said:

No, this isn't just Governor DeSantis waging war against "WOKE," (which only an intelligent person would do.)(

https://www.foxbusiness.com/politics/desantis-asks-state-to-investigate-ab-inbev-for-failing-shareholders-by-pushing-radical-social-ideologies

DeSantis asks state to investigate AB InBev for failing shareholders by pushing ‘radical social ideologies’

Florida Gov. Ron DeSantis is asking the head of the State Board of Administration (SBA) to review its holdings of AB InBev, citing the ongoing decline of its subsidiary company Bud Light. In a letter sent to SBA Executive Director Lamar Taylor, DeSantis speculated that AB InBev may have "breached legal duties" to its shareholders by partnering with transgender activist Dylan Mulvaney and pushing "radical social ideologies." 

"It has come to my attention that the State Board of Administration (SBA) currently holds global equity assets with Anheuser-Busch InBev (AB InBev)," the governor wrote in the Thursday letter. "As you well know, AB InBev's performance has plummeted since its decision to associate its Bud Light brand with radical social ideologies. That fateful decision has transformed America's formerly best-selling beer — and one of InBev's best-performing assets — into a commercial pariah. InBev's losses have been staggering." 

Data from Evercore ISI shows that in the 12-week period leading up to July 2, Bud Light’s sales volume fell by 27.1% over that timeframe – which includes much of the aftermath following Mulvaney’s early April social media post showing the custom can Bud Light provided her with.

In that same period, rival light beers saw sales rise. Coors Light's sales volume rose by 17.8%, while Miller Lite’s increased by 14.3% and Corona Light’s ticked up by 3%. The fallout from the Bud Light controversy has spilled over into other Anheuser-Busch InBev beers which have also suffered from sales declines. 

"Our legal commitments and obligations, however, remain perfectly clear: we must prudently manage the funds of Florida’s hardworking law enforcement officers, teachers, firefighters and first responders in a manner that focuses on growing returns, not subsidizing an ideological agenda through woke virtue signaling," DeSantis continued.

Did you really think anyone would notice when a company went from this

 

to this?

BINGO!

From selling beer to selling woke crapolla. 

Meh...the results speak for themselves.

[reason10]

7 hours ago, SNOWFLAKE said:

Still reacting to everything I say about you?

 

 

You're like a cold sore that keeps coming back.

[SNOWFLAKE]

8 hours ago, reason10 said:

You're like a cold sore that keeps coming back.

and that you keep picking at so it grows into an infection.