The pandemic has proved to be challenging for even the trendiest of food brands. Beyond Meat showed it was not immune to the impact of COVID-19 as the company reported its second quarter earnings on Tuesday. While grocery store sales tripled in the second quarter, the company still lost $10.2 million on a 60.7 per… Read More
Tag: Beyond Meat
A popular restaurant chain will stop selling the Beyond Meat breakfast sandwiches in select stores across Canada this fall. Tim Hortons says the change is simply because the breakfast sandwiches are being offered for a limited time. The company adds they’ve seen a “positive reaction to our Beyond Meat offering in Ontario and British Columbia,… Read More
Beyond Meat, the company that makes plant-based meat substitutes, announced it will be selling an additional 3.25 million shares of common stock in the face of growing demand for plant based proteins. The news comes after the company shared its second quarter financial results, and lower than expected profits sent the stock diving by at… Read More
The debate surrounding what should be considered meat — and what isn’t — continues to spark conversation across the food industry. What are plant-based burgers, such as the Impossible Burger and Beyond Meat, actually made of? Dr. Frank Mitloehner, professor at the University of California-Davis, was a guest on AgriTalk last week where he shared… Read More
Quebec’s farmer union and its beef producers are calling on the Canadian Food Inspection Agency to stop Beyond Meat from using the word “meat” when referring to its plant-based products, such as burgers and sausages, Quebec’s TVA Nouvelles reports. Beyond Meat launched its meat-alternative product line in Canada on May 1, 2019. L’Union des producteurs… Read More