Analysis: After McPlant Struggles, What’s Next for Beyond Meat?
Beyond Meat shares made a slight recovery after falling on news McDonald’s may ditch its McPlant burger amid tepid results.
Beyond Meat shares made a slight recovery after falling on news McDonald’s may ditch its McPlant burger amid tepid results.
The plant-based meat category is experiencing some growing pains. Through the early weeks of the pandemic, alt-meat sales grew some 200% at retail outlets, and the hype around that helped the category secure more than …
Investors appear to have soured on Beyond Meat, sending its stock price from a $160.28 to as low as $35.74 in the last year, as competition in the alternative-meat sector has increased and the company’s …
Plant-based offerings continue to expand across restaurant menus, as major players like Impossible Foods and Beyond Meat broaden their partnerships with fast-food chains. McDonald’s recently announced plans for a major U.S. expansion of its plant-based …
McDonald’s will test the McPlant burger in partnership with Beyond Meat in eight U.S. locations next month. Beginning November 3, customers in Irving, Texas; Carrollton, Texas; Cedar Falls, Iowa; Jennings, Louisiana; Lake Charles, Louisiana; El …