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Beyond Meat

Beyond Meat

Beyond Meat’s Mold Outbreak Is One of Many Stumbles This Year

This week, Bloomberg surfaced photos from Beyond Meat’s Pennsylvania plant allegedly showing evidence of mold, listeria, and other food safety issues. Products from the plant tested positive for listeria 11 times between the second half of last year and the first half of this year, according to Bloomberg, and internal reports…
bubmag
November 22, 2022
Beyond Meat

Beyond Meat revenue drops as it cuts prices to boost demand

Plant-based meat maker Beyond Meat said its revenue fell 22.5% in the third quarter as it cut prices in the face of weaker demand. The El Segundo, California-based company reported net revenue of $82.5 million for the July-September period. That was far lower than the $93.6 million Wall Street had…
bubmag
November 10, 2022
Beyond Meat

Tough times for plant-based meat

Illustration: Rae Cook/Axios Companies that make faux burgers and other meat substitutes are laying off employees and staring down weak sales, amid what Beyond Meat describes as "ongoing softness in the plant-based meat category." Why it matters: The biggest fast-food chains and meat producers have raced to cash in on…
bubmag
October 25, 2022
Beyond Meat

Beyond Meat is rolling out its steak substitute in grocery stores

Beyond Meat is launching a steak substitute in grocery stores on Monday. The new product will roll out nationwide at more than 5,000 Kroger and Walmart stores, as well as Albertsons, Ahold Delhaize, Jewel-Osco, Sprouts and other local grocers. The announcement concludes a rocky month for the maker of meat alternatives. Beyond ousted Chief Operating Officer Doug Ramsey after…
bubmag
October 24, 2022
Beyond Meat

Beyond Meat exec leaves company after arrest for allegedly biting man’s nose

Beyond Meat’s operating chief, Doug Ramsey, left the company Friday, weeks after he was arrested for allegedly biting a man’s nose following a college football game in Arkansas. The company had originally suspended Ramsey after the arrest became public last month. Beyond Meat revealed Ramsey’s exit in a securities filing Friday morning. In September,…
bubmag
October 14, 2022
Beyond Meat

The Beyond Meat Nose-Biting Incident, Explained

Welcome to Delicious or Distressing, where we rate recent food memes, videos, and other decidedly unserious news. See last week’s about Olive Garden’s Twitter controversy. Suppose you were asked to analogize the task you most despise to the food you most despise. Kanye West, for one, says he hates reading…
bubmag
September 23, 2022
Beyond Meat

Beyond Meat COO suspended for biting man’s nose after college football game

Beyond Meat Inc.’s chief operating officer was suspended after he was arrested on allegations that he bit a man’s nose during an altercation after a college football game in Fayetteville, Ark. Doug Ramsey has been suspended, effective immediately, the plant-based meats company said in a statement Tuesday. He was arrested on charges of terroristic…
bubmag
September 21, 2022