Execs at Target are tucking their junk as the retailer’s market cap collapses (down 8.9%) and share prices tumble. On May 17th, the stock sold for $160.95. Yesterday it closed at 139.36.
Overnight opportunists have nudged the price up slightly to 140.75, and there’s value to be had in a potential short-term run if you think it’s worth the risk (this is not investment advice), but the long-term outlook for TGT is poor. The short, mid-term, and long performance outlook is a big fat rainbow-colored frowny face.
But it’s only been six trading days since things went sideways over the queer kid’s collection. The Bud Light boycott took over a month to show more than light bruising, but that effort is paying cultural dividends as BUD’s stock continues to take a beating.
AB is buying back beer from distributors and scrambling to keep its supply chain vendors happy as customers continue to walk away from the brand and many of its beers.
Memorial Day Weekend, traditionally a boom for beer, isn’t likely to amount to much for BUD unless you mean the tangy taste of that giant sh!t sandwich they’ve been chewing on for the past eight weeks. A summer in which the promised advertising 180 will likely fall on deaf ears.
This roadside wreck has not stopped retailers and brands from dancing with the drag queen in the pale moonlight. Long-laid plans to promote this fringe culture are moving forward as they roll the dice in the shadow of the Blight fallout. They can’t boycott everyone. Somebody has to have a brand whose customers are still intimidated by the Gaystapo.
Maybe, but it’s running cold if you take the current cultural temperature. And not everyone can buy back what consumers have rejected. BUD can keep its distributors afloat by leveraging a global beverage footprint to buy back beer. What the hell is Target going to do? Tuck the loss into the spreadsheet as the cost of doing business.
Donate queer gear to public schools? That might be the ticket. The progs leading classrooms can line up with their liberal political allies and declare that parents who object to schools giving their kids queer gear are clothes banning Nazis. This makes about as much sense as saying that if parents objected to schools giving kids lingerie to wear, no one else could buy any.
The same rule applies to school library groomer gay porn. No one is banning it. You can go online and buy it right now. You can pick up a copy if a local bookstore has it. Parents who want to expose their kids to that lifestyle can’t be stopped, nor is that the point. But we should note that there are laws against child sexual abuse and kiddie porn, and a few of these “books” might cross that line.
But not in a public school?
But yes, in a public school, and herein lies the Left’s visceral hatred of choice.
Regarding education, if any of the tax money the district would spend on that child – at least on paper – is attached to teaching children and not funding an institution, parents and students can boycott. They can choose something other than Budweiser products, shop in stores other than Target, and get their kids some learning without exposure to erotic text and imagery for which children are neither mentally nor physically prepared.
The Left started the culture war, and most Americans could care less about adult lifestyle choices as long as they are free not to embrace them. But when the Left decided that coming for the kids was a hill to die on, it might just be that. But will it be persistent and consistent? Will The People keep sending the message that adults and children are not the same and you need to keep these hands off the kids?
Bud is learning a hard lesson but will the Target Boycott be another bellwether