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You have no data to support your position on Coke or McDonalds. Industry analysts disagree with you. All you are doing is making a feeling based argument that confuses correlation and causation.
As for Nike, what percent of their sales come from black Americans? Quantify for me how they are immune from woke blowback.
Nike looses alot to shoplifters.....many black guys do not pay for their niikes.
Coke went woke and sales declined 28%
McDonalds went woke and has declining customer traffic.
Listerine came out with multicolored gay pride mouthwash in June and the stock didn't move in the stores.
The corporates thought the vocal minority ruled so they bowed to them.
In reality the consumer rules and proved them wrong.
Ohhh tell me more about how food and beverage sales declined during a pandemic when restaurants were closed.
You went off on Nike and then turned around and went off on Coke and McDonalds.
I went off on all three. I pointed out that Nike, a very woke company, has seen no appreciable dip in sales. Coke has seen a downward revenue trend for years, but you want me to believe that it is because they are woke, and not because of general consumer trends. Same for McDonald’s…Their revenue peaked in 2013 at $28.11B and has come down every year since. They were only at $19.21B last year. Wokeness isn’t driving the decline, it’s consumer habits. All you need to do is look at the data and listen to the analysts who cover the sector. If being woke was hurting sales, the analysts would be the first ones to call it out. Instead, they are talking about how these firms need to change their product offering to recapture consumers who have stopped eating as much junk food.
Do you find it at all interesting that both Coke and McDonald’s peaked around the same time (a decade ago) and have been heading in the same direction since?
How about Starbucks? Super woke company, right? Revenue in the Americas keeps going up. How come? (And please don’t tell me that only liberals go to Starbucks. I have spent enough time in Kansas, Missouri, Oklahoma, and Texas to know otherwise.)
I went off on all three. I pointed out that Nike, a very woke company, has seen no appreciable dip in sales. Coke has seen a downward revenue trend for years, but you want me to believe that it is because they are woke, and not because of general consumer trends. Same for McDonald’s…Their revenue peaked in 2013 at $28.11B and has come down every year since. They were only at $19.21B last year. Wokeness isn’t driving the decline, it’s consumer habits. All you need to do is look at the data and listen to the analysts who cover the sector. If being woke was hurting sales, the analysts would be the first ones to call it out. Instead, they are talking about how these firms need to change their product offering to recapture consumers who have stopped eating as much junk food.
Do you find it at all interesting that both Coke and McDonald’s peaked around the same time (a decade ago) and have been heading in the same direction since?
How about Starbucks? Super woke company, right? Revenue in the Americas keeps going up. How come? (And please don’t tell me that only liberals go to Starbucks. I have spent enough time in Kansas, Missouri, Oklahoma, and Texas to know otherwise.)
Nike might see a dip in US sales, once patriotic Americans find out they have publicly declared that: "Nike is a brand that is of China and forChina." Nike is a slave labor shoe company, that is of China, and for China.
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