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Beyond Meat also announced the launch in China of a plant-based version of minced pork. [41] In 2020, Beyond Meat launched an e-commerce site to sell products directly to consumers. [42] In January 2021, Taco Bell announced a collaboration with Beyond Meat, initially as a test and then as a permanent option for a new plant-based protein food. [43]
For the six months ended June 24, Beyond's cash pile fell 24.4% to $144.8 million as the company battles to win market share from traditional meat. To right the ship, Beyond Meat has overhauled ...
Image source: Getty Images. Debt is coming due in 2027. Not surprisingly, the company is burning cash as well. In Q1, it had operating cash flow of -$31.8 million, while it was -$107.8 million in ...
The Beyond Meat brand, founded in 2009 and entering the retail market in 2012, had a quick and early success—through big investors including Bill Gates, high-profile partnerships with outlets ...
Analysts expect Beyond Meat to report $66.7 million in sales for the fourth quarter of 2023, down 17.4% year over year. In last year's fourth quarter, Beyond Meat's sales dropped 20.6% year over year.
In 2021, McDonald's partnered with Beyond Meat, a Los Angeles–based producer of plant-based meat substitutes, to create the McPlant platform. [ 6 ] [ 7 ] It features a plant-based meat alternative burger patty made from plant ingredients such as potatoes, peas and rice.
Ethan Walden Brown (born 1971) is an American executive who is the founder, president and CEO of Beyond Meat. [1] Before founding Beyond Meat, Brown worked on alternative energy and electricity grid restructuring at the National Governors Association's Center for Best Practices before joining fuel cell manufacturer Ballard Power Systems.
Beyond Meat wants to be healthier—and CEO Ethan Brown seems convinced he can hack the trade-off between nutrition and taste. Brian Kateman. September 10, 2024 at 7:20 AM.