Beyond Meat

Wall Street analysts knew first-quarter earnings would be bad this year because of the COVID-19 pandemic, but they’ve been even worse than expected as companies are beating forecasts by the lowest rate in at least 10 years.Companies and analysts typically play a game of lowering earnings expectations to make them…

The Smithfield pork processing plant in Sioux Falls, South Dakota, which is home to one of the largest single clusters of coronavirus infections in the US. AP Photo/Stephen Groves The coronavirus does not affect all people equally — and we are learning more about exactly how so.Data from The New…

Properly handling and cooking meat is key to avoiding illnesses caused by pathogens like salmonella, but there’s a fine line between the technical aspects and the art of telling whether a piece of meat has been adequately cooked. A new study recently published in PLOS ONE found that when it…

In the latest trading session, Beyond Meat (BYND) closed at $99.52, marking a -0.11% move from the previous day. This change was narrower than the S&P 500's daily loss of 0.52%. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq lost 1.4%.Coming into today, shares of the plant-based meat company…

On Monday, UBS downgraded shares of Beyond Meat to sell from neutral over concerns that its recent rally is not pricing in headwinds the plant-based protein company faces such as exposure in the food service industry and increased retail competition.Read More

China’s largest restaurant chain wants to gauge consumer response over a three-day trial. Yum! Brands' (NYSE:YUM) chain Kentucky Fried Chicken launched plant-based protein in a handful of its U.S. restaurants in August 2019. Provided by Beyond Meat (NASDAQ:BYND), the "Beyond Fried Chicken" pilot program is being tested for an eventual…

It could be a while before many popular pork, chicken, and beef products are back in supermarkets. Tyson Foods (NYSE:TSN) is experiencing a major disruption to its meat supply chain. The producer of pork, beef, and chicken brands including Jimmy Dean, Hillshire Farm, and Ball Park said in a Sunday…

MOSCOW, RUSSIA SEPTEMBER 27, 2019: Producing cultured meat in a lab at the Ochakov Food Ingredients ... Plant (OKPI). Vyacheslav Prokofyev/TASS (Photo by Vyacheslav ProkofyevTASS via Getty Images) Vyacheslav Prokofyev/TASS Eat Beyond Global, Canada’s latest investment fund that was launched in February to focus on helping grow meat, seafood, eggs,…

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Plant-based meat pioneer Beyond Meat (BYND) has entered into a new $150 million five-year secured revolving credit facility to support its future growth initiatives.The new credit facility, which matures on April 21, 2025, also includes an option for an extension of up to an additional $200 million. It also replaces…