Beyond Meat
Beyond Meat misses quarterly revenue estimates as plant-based demand weakens
BEYOND Meat missed Wall Street estimates for second-quarter revenue on Wednesday, hurt by weak demand for its plant-based meat products in the US amid ongoing macroeconomic uncertainty.
Cash-strapped Beyond Meat gets US$100 million from diet non-profit
The loan from Ahimsa comes as the company reported an increasingly dimmed revenue outlook
Beyond Meat sees weak annual revenue, posts wider-than-expected quarterly loss
BEYOND Meat forecast annual revenue below estimates on Wednesday, as the faux meat products maker faces persistent demand weakness amid sticky inflation.
Beyond Meat pursues new borrowing to shore up liquidity
The company, as other plant-based producers, has seen weaker demand due to higher inflation
McDonald’s says plant-based test in two key US cities failed
A MCDONALD’S test of its plant-based burger in San Francisco and Dallas “was not successful in either market,” Joe Erlinger, the chain’s US chief, said on Wednesday (Jun 26).
Beyond Meat tops revenue estimates, plans ‘steep’ cost cuts in 2024; shares soar
BEYOND Meat on Tuesday topped market expectations for fourth-quarter revenue on resilient demand for its faux meat patties in key markets outside the United States, and said it would ramp up its prici...
Beyond Meat cuts annual revenue forecast as faux meat demand dips
BEYOND Meat cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand for its pricier plant-based meat products shows no signs of recovery, sending shares down 8 per...
Beyond Meat wannabes are failing as hype and money fade
UNREAL Food ended its pursuit of an eggless egg. Remastered Foods stopped developing vegan bacon. The Meatless Farm halted its plant-based sausages.
Beyond Meat cuts about 40 jobs in cost-cutting move
PLANT-BASED meat maker Beyond Meat eliminated about 40 positions as part of a broader cost-cutting plan, chief executive officer Ethan Brown told employees in an internal memo.
Plant-based proteins are no longer a side dish in diets
Their makers’ place as the main course is another matter
