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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 ...
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]
Back in 2021, Beyond Meat raised $1 billion at a 0% interest rate by issuing senior convertible notes-- not necessarily a bad move at the time. However, these notes are supposed to convert into ...
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.
After his wife reviewed a piece discussing Beyond Meat, a company that created meat substitutes, in 2012 Goldman invested in the company. [15] He became executive chairman of Beyond Meat in 2015 and worked part-time for Honest Tea in Bethesda, Maryland and part-time for Beyond Meat in Manhattan Beach, California. [10]
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.
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.
Beyond Meat returned to growth in Q3, but the business continued to struggle, and expectations for a meaningful recovery seemed to dim. The stock fell 11% on Nov. 7 on the report.