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Budwiser losing customers

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https://start.att.net/news/read/article/fortune-americans_are_no_longer_drinking_budweiser_and_bud-rtime/category/finance

 

 

Anheuser-Busch InBev NV is struggling to keep Americans drinking its brews.

 

Sales of the domestic lagers have receded as American consumers turn to craft beers, Mexican imports, wine, and spirits to get their buzz.

 

On Thursday, the Budweiser and Bud Light manufacturer said U.S. revenues fell 3.1% in its second quarter despite lower volumes. The underperformance resulted in the company missing overall sales growth forecasts, triggering shares to drop more than 5%.

 

AB InBev hopes to increase brand consumption by offering more expensive beers like Michelob Ultra Pure Gold, made with organic grains, and Bud Light Orange, brewed with real citrus peels. A plan to launch a fancier Budweiser variant aged on bourbon barrel staves is also in the works to hit the shelves next month.

 

While Chief Financial Officer Felipe Dutra told the Wall Street Journal there is no silver bullet, no short term answer to some of the problems we face, he added that the companys efforts to innovate and go upmarket looked promising.

 

Innovation and growth continue to be a priority to AB InBev as the company announced its plans to combine ZX Venturesa unit founded in 2015 to develop new products for developing consumer needswith its marketing department.

 

AB InBev also created a new position in the companya head of nonalcoholic beverages. Younger generations are drinking far less than their predecessors, urging booze manufacturers to launch more low-alcohol and nonalcoholic products.

 

After a helping hand from beer drinkers around the world during the World Cup, AB InBev reported a jump in net profit to $1.94 billion for the three months to June 30, up from $1.5 billion a year earlier. However, at 4.7% growth, sales fell short of the 5.4% growth estimate.

 

Dutra said the company is preparing to be hit hard as costs are only expected to rise due to tariffs on steel and aluminum imports.

 

 

 

 

 

It's about fvcking time. That nasty shlt isn't worth drinking for free. America is now home to the best beer in the world thanks to craft brewing. Remember when the US used to get made fun of for how bad our beer sucked?

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Craft Beer snobs are usually big time beard having skinny capri wearing hom0s

Woo flavored beer. ...just drink your zima and shut it ya trendy fagguts

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Bud, coors, and Miller all taste like piss now compared to a lot of other beers that have come out. That, along with more home brews, and craft breweries popping up is making them lose money.

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Craft Beer snobs are usually big time beard having skinny capri wearing hom0s

Woo flavored beer. ...just drink your zima and shut it ya trendy fagguts

Was in a bar this past weekend. They had those kind of guys paying $4.50 for a pint of PBR. Crazy.

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Couple of things. The article was misleading. Younger folks aren't drinking less, they're just drinking less domestic beer. Less beer in general as matter fact.

 

There's been a major push towards first vodka and tequila and now in the last handful of years brown liquor.

 

The so-called hard stuff used to be the purview of the 40 and up crowd. Between shots and marketing and the upswing in old-school cocktails, the younger generation is actually seeing a 43% increase in liver failure/cancer rates.

 

Personally, I hope the craft beer starts to eat itself. There's just too damn many of them. And bars can't afford to keep even a pony keg of the around because they just don't sell enough of any one particular type.

 

Anybody who knows anything about history would know that so-called craft beers were the only thing back in the day. Then, between consolidation and the increase in trucking and Refrigeration, beer sales eventually Consolidated and went National. We're just seeing the trend swing the other way now.

 

While volumes and sales are up, margins are incredibly low on these micro Brews and their micro marketing efforts. There's a reason why the big breweries did well. I would imagine in the next 10 years will see a consolidation of the microbrews that's part of the normal business cycle.

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Bud isnt domestic anymore anyway. The company is owned by a European company now.

 

Fock em. Make a sh!tty product for a century and then sell to foreigners and whine about how you no longer have customers?

 

Budweiser is the only American beer I ever see over here. Its better than the watered down chink crap, but sucks compared do numerous other Asian beers (San mig, beerlao, a couple of Thai brands, Vietnamese, etc.)

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Couple of things. The article was misleading. Younger folks aren't drinking less, they're just drinking less domestic beer. Less beer in general as matter fact.

 

There's been a major push towards first vodka and tequila and now in the last handful of years brown liquor.

 

The so-called hard stuff used to be the purview of the 40 and up crowd. Between shots and marketing and the upswing in old-school cocktails, the younger generation is actually seeing a 43% increase in liver failure/cancer rates.

 

Personally, I hope the craft beer starts to eat itself. There's just too damn many of them. And bars can't afford to keep even a pony keg of the ###### around because they just don't sell enough of any one particular type.

 

Anybody who knows anything about history would know that so-called craft beers were the only thing back in the day. Then, between consolidation and the increase in trucking and Refrigeration, beer sales eventually Consolidated and went National. We're just seeing the trend swing the other way now.

 

While volumes and sales are up, margins are incredibly low on these micro Brews and their micro marketing efforts. There's a reason why the big breweries did well. I would imagine in the next 10 years will see a consolidation of the microbrews that's part of the normal business cycle.

Theres also a big push for wine. Seems like every girl nowadays wants to down a bottle of wine every night. Add in the fact that its the *cool* thing to go to a bar that serves unique cocktail. Such as a maple bacon bourbon old fashioned (had it and while delicious not something Id drink more than one of a night or drink all the time).

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Theres also a big push for wine. Seems like every girl nowadays wants to down a bottle of wine every night. Add in the fact that its the *cool* thing to go to a bar that serves unique cocktail. Such as a maple bacon bourbon old fashioned (had it and while delicious not something Id drink more than one of a night or drink all the time).

If these liver cancer rates are as reported, that's going to be a big deal. I say that because you see these women and the whole wine thing and it's been seriously marketed. Look at the Today Show. Here's a couple of drunken lushes who are drinking literal goblets of wine every morning like at 9 a.m. eastern time. Every day. Hell even Hillary talks about drinking wine. Colbert and Jennifer Lawrence or whatever her name is got faced on his show. And that used to be a huge No-No with the FCC.

 

I'm just sort of having flashbacks to the old days where Johnny Carson smoked right on television.

 

If there really is this huge swing, I could see the next generation of kids looking back on clips of Colbert or today or whatever and thinking the same way we think about watching Johnny Carson smoking on television. What the hell?

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I'm not craft beer cool. I'll stick with bud lite. I know what I'm drinking and how it effects me.

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I mean for fucksake, how many ipas can you actually tell a difference with? Especially once you've had one you're pretty much shot for the rest of the night unless you're bringing around a pint of sherbert or something.

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Bud and Bud light suck. HTH

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I was a big drinker at one point. I liked Amstel and Heineken light. Now I really don't care as long as its cold. When you don't do it much they all kinda taste the same, believe it or not

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I was a big drinker at one point. I liked Amstel and Heineken light. Now I really don't care as long as its cold. When you don't do it much they all kinda taste the same, believe it or it.

With pretty much all alcohol, Im a middle tier guy. Dont want yo drink the cheap p!ss, but the high end stuff is wasted on me. Just give me something in middle.

 

My parents are always opening $200 bottles of wine, and Im like, I cant tell the difference between this and. $30 bottle. So whatever.

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Couple of things. The article was misleading. Younger folks aren't drinking less, they're just drinking less domestic beer. Less beer in general as matter fact.

 

There's been a major push towards first vodka and tequila and now in the last handful of years brown liquor.

 

The so-called hard stuff used to be the purview of the 40 and up crowd. Between shots and marketing and the upswing in old-school cocktails, the younger generation is actually seeing a 43% increase in liver failure/cancer rates.

 

Personally, I hope the craft beer starts to eat itself. There's just too damn many of them. And bars can't afford to keep even a pony keg of the ###### around because they just don't sell enough of any one particular type.

 

Anybody who knows anything about history would know that so-called craft beers were the only thing back in the day. Then, between consolidation and the increase in trucking and Refrigeration, beer sales eventually Consolidated and went National. We're just seeing the trend swing the other way now.

 

While volumes and sales are up, margins are incredibly low on these micro Brews and their micro marketing efforts. There's a reason why the big breweries did well. I would imagine in the next 10 years will see a consolidation of the microbrews that's part of the normal business cycle.

I'm not aware of this - not saying it isn't true, but care to share a link?

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I'm not aware of this - not saying it isn't true, but care to share a link?

I think I found where you got that number...and it's not exactly accurate:

After adjusting for age and other factors, the study -- published Wednesday in the BMJ -- found that deaths in the United States due to cirrhosis rose 65% and deaths from liver cancer doubled from 1999 to 2016.

But that's all cirrhosis/liver cancer deaths, only a subset of which occur in young people due to alcohol. But alcohol related cirrhosis is going up in young peeps:

During 2009-16 people aged 25-34 years experienced the highest average annual increase in cirrhosis related mortality (10.5%, 8.9% to 12.2%, P<0.001), driven entirely by alcohol related liver disease

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The craft beer revolution is certainly a wrinkle in the alcohol/health discussion that hasn't been analyzed.

 

There are has also been a Whiskey revolution. Vodka and mass brew still completely dominate the marketplace. It wouldn't surprise me a bit if more of the populace is drinking today with all the variety out there.

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With pretty much all alcohol, Im a middle tier guy. Dont want yo drink the cheap p!ss, but the high end stuff is wasted on me. Just give me something in middle.

 

My parents are always opening $200 bottles of wine, and Im like, I cant tell the difference between this and. $30 bottle. So whatever.

 

Same here...Except for the parents opening $200 bottles of wine part.

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Bud and Bud light suck. HTH

:thumbsup:

 

Miller Lite and Miller Highlife The Champagne of Beers

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I had a Bud Freedom Reserve Red Lager this week. It was awful.

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Bud is trying to regain market share lost to small rivals, I am surprised there hasn't been some magical legislation arising to attempt to curb the small breweries by now.

 

They have tried to buy some local smalls, luckily they have all flatly refused. Heavy Seas is one nearby that is simply fantastic, and recently they did form a loose partnership of sorts with Guinness, nothing serious that would entail mixing processes or anything, just collaboration. Looking forward to it since that has resulted in Guinness opening a local brewery.

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They have successfully purchased a number of craft breweries though

 

It's unfortunate because you just know they will ruin the beer in the end, god forbid they actually do it right and start to hurt the rest of the smalls; maybe they are able to adopt the Microsoft model?

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Bud and Bud light suck. HTH

Maybe so but just a couple of years ago they were the 2nd and 3rd best selling beers in the world. #1 was some brand from Chiner called Snow.

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It's unfortunate because you just know they will ruin the beer in the end, god forbid they actually do it right and start to hurt the rest of the smalls; maybe they are able to adopt the Microsoft model?

 

 

It seems as though they have been totally hands off with the ones they have purchased.

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Didnt Budweiser buy Goose Island?

 

The macro will buy up the best micro to extend distribution channels

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Didnt Budweiser buy Goose Island?

 

The macro will buy up the best micro to extend distribution channels

 

 

Goose island... elysian... wicked weed are their big names... despite this, it is like hurding cats. They think they got there finger on best to buy and then the market shifts and 3-4 more pop up that are in vogue

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$27 isn't a lot for a 750 move along

Do they make 750ml bottles for beer? Ive seen 22oz, which is 650ml. At 12 bucks, even thats expensive. I cant imagine $27.

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Bud isnt domestic anymore anyway. The company is owned by a European company now.

 

Fock em. Make a sh!tty product for a century and then sell to foreigners and whine about how you no longer have customers?

 

Budweiser is the only American beer I ever see over here. Its better than the watered down chink crap, but sucks compared do numerous other Asian beers (San mig, beerlao, a couple of Thai brands, Vietnamese, etc.)

This is what I came here to say.

 

Yuengling is our best truly domestic mass produced beer.

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Bud is trying to regain market share lost to small rivals, I am surprised there hasn't been some magical legislation arising to attempt to curb the small breweries by now.

 

They have tried to buy some local smalls, luckily they have all flatly refused. Heavy Seas is one nearby that is simply fantastic, and recently they did form a loose partnership of sorts with Guinness, nothing serious that would entail mixing processes or anything, just collaboration. Looking forward to it since that has resulted in Guinness opening a local brewery.

 

I don't have a problem with the large breweries buying small craft brewers. For example, Anheuser Busch bought Breckenridge brewery, one of the larger craft brewers here in CO. Their main brewery is right up the street from my house. It was purchased a couple years ago. Nothing has changed with the Breck beers. Per the president of Breck, it just gives them more resources to do things they couldn't do before but Anheuser Busch has been hands off. I mean, think about it, they bought the craft brewer because the craft brewer was being successful while their core product was losing customers. Why would you want to change it?

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Didnt Budweiser buy Goose Island?

 

The macro will buy up the best micro to extend distribution channels

Goose 312 is a nice option when better arent available.

 

Also...fock IPAs

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This is what I came here to say.

 

Yuengling is our best truly domestic mass produced beer.

 

New Belgium > Yuengling

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Bud is trying to regain market share lost to small rivals, I am surprised there hasn't been some magical legislation arising to attempt to curb the small breweries by now.

 

They have tried to buy some local smalls, luckily they have all flatly refused. Heavy Seas is one nearby that is simply fantastic, and recently they did form a loose partnership of sorts with Guinness, nothing serious that would entail mixing processes or anything, just collaboration. Looking forward to it since that has resulted in Guinness opening a local brewery.

Heavy Seas Tropicannon is excellent :thumbsup: . I was near Baltimore for the last 6 months

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