plant-based meat

Beyond Meat Inc. (NASDAQ:BYND) missed analyst expectations in the first quarter of the ongoing fiscal year and withdrew its full-year revenue guidance, citing the ongoing economic uncertainties. However, the CEO forecasted a “relatively minimal” tariff impact on the firm. What Happened...

McDonald’s Corp. (NYSE:MCD) confirmed that its previous attempts to introduce plant-based meat in the U.S. were unsuccessful. The burger chain’s customers do not frequent its restaurants for salads or plant-based options, according to Joe Erlinger, McDonald’s U.S. chief, who spoke...

In 2019, Burger King became the first fast-food chain to offer alternative meat products. Just four years later, the company is taking a step back from its plant-based meats initiative. What To Know: Burger King parent company Restaurant Brands International Inc (NYSE: QSR) doesn't plan to...

Benzinga routinely examines a stock that might be considered a little under the radar. The company may not be well known, but chances are the line of work it’s in is pretty familiar. This is called the “thing behind the thing.” The growth of plant-based foods is...

Stephens is bullish on Beyond Meat Inc (NASDAQ: BYND) as alternative protein goes from being a “novelty” to one of the “most successful new food product launches in history” in a period of just two years. The Beyond Meat Analyst: Stephens analyst Mark Connelly initiated...

Beyond Meat, Inc. (NASDAQ: BYND) has entered into supply deals with fast-food giants McDonald’s Corp. (NYSE: MCD) and Yum Brands! Inc. (NYSE: YUM). The announcement of the deals came on the same day that the alternative meat maker reported a wider net loss for the fourth quarter despite...

Plant protein company Impossible Foods Inc is cutting wholesale prices by nearly 15% as the demand for its products rises, the company announced Wednesday. What Happened: The California-based company has cut the prices for distributors for the second time in a year and asked them to pass the...

Beyond Meat Inc (NASDAQ: BYND) has started to sell its plant-based minced pork in China as it marks an expansion into Asia amid growing demand for its faux meat products, Reuters reported Tuesday. What Happened: The minced pork named — Beyond Pork — will be sold in five popular...

Ben and Jerry’s parent Unilever Inc (NYSE: UN) (NYSE: UL) wants to pursue a five-fold increase in the sale of meat and dairy alternatives in the coming five-to-seven years, the Wall Street Journal reported Tuesday. What Happened: The Anglo-Dutch multinational company said this week it is...

Two publicly traded plant-based food companies reported quarterly earnings after the market close on Monday. Tattooed Chef Earnings: The third-quarter report from Tattooed Chef (NASDAQ: TTCF) was the best quarter in company history. Total company revenue increased 65% year-over-year to $41 million...

Impossible Foods announced its plant-based sausage product will be available in Hong Kong starting Thursday. What Happened: This is the first expansion for the "Impossible Sausage Made From Plants" outside of the United States, the Redwood City-based company said in a statement....

Beyond Meat Inc (NASDAQ: BYND) CEO Ethan Brown said Wednesday that the company’s push into international markets such as China hasn't been dampened by the COVID-19 pandemic. What Happened: “When you see an obstacle like Covid, you don’t say you’re not going to...

Starbucks Corporation (NASDAQ: SBUX) said Monday it would be adding new plant-based food and beverage options in select Asian markets this month. What Happened: The Seattle-based coffee chain will add foods sourced from Beyond Meat Inc (NASDAQ: BYND) and  Impossible Foods in markets such...

Cold-chain and foodservice providers hope the recent uptick in business signals a turning point for the sector's fortune. According to Steve Taylor, director of sales for food logistics at AIT Worldwide Logistics, the foodservice business is currently down 40-50% — an improvement from a few...

Plant-based meat company Impossible Foods Inc. announced Thursday $200 million in fresh funding that it plans to use to fuel expansion. What Happened The Series G funding round was led by New York-based technology sector hedge fund Coatue Management, the company said in a statement. The...