• Latest
  • Trending
Beyond Meat ‘Implodes’ As Consumers Lose Interest Even Amid Supply Chain Hurdles For Real Meat

Beyond Meat ‘Implodes’ As Consumers Lose Interest Even Amid Supply Chain Hurdles For Real Meat

10/22
McCarthy Capitol

McCarthy MIA as Capitol Police Stop Elementary School Kids from Singing National Anthem

06/02
Polling Proves DeSantis ‘Electability’ is a Myth

Polling Proves DeSantis ‘Electability’ is a Myth

06/02
GROOMERS: US Department of Education Wishes Kids a ‘Happy Pride Month’

GROOMERS: US Department of Education Wishes Kids a ‘Happy Pride Month’

06/01
TREACHERY: MTG Says Lawmakers Who Don’t Back Biden-McCarthy Debt Deal Live in ‘Conservative Fantasy Land’

TREACHERY: MTG Says Lawmakers Who Don’t Back Biden-McCarthy Debt Deal Live in ‘Conservative Fantasy Land’

06/01
REVOLT: MLB Player Stands Up to Anti-Christian LGBT Takeover Attempt

REVOLT: MLB Player Stands Up to Anti-Christian LGBT Takeover Attempt

06/01
DeSantis in Iowa

DeSantis is Failing to Attract Views and Crowds in Iowa

06/01
DeSantis Iowa Trump

Team DeSantis Spreads Misinformation about Trump Crowds in Iowa on Twitter

06/01
Stew Peters Network Releases ‘Final Days’ Film Exposing Satanic Transhumanist Elites

Stew Peters Network Releases ‘Final Days’ Film Exposing Satanic Transhumanist Elites

06/01
Breaking: 10k Photos From Hunter Biden’s ‘Laptop From Hell’ Published Online

Breaking: 10k Photos From Hunter Biden’s ‘Laptop From Hell’ Published Online

06/01
AOC Goes Ballistic After Elon Musk Responds to Parody Account With a Crush

AOC Goes Ballistic After Elon Musk Responds to Parody Account With a Crush

06/01
Kanye West Yeezy Adidas

Kanye West Just Won His Legal Battle Over Adidas to Regain His Yeezy Bank Accounts Worth Approximately $75,000,000

06/01
MTG McCarthy Chapstick

House Leader Jeffries Comes Out in support of McCarthy-Biden Deal as Former MTG Chief Warns GOP of Consequences for Supporting Deal

05/31
Friday, June 2, 2023
Subscribe
SUPPORT
National File
  • Home
  • Culture
    • Christianity
    • Video Games
    • Marxism
    • Snowflakes
    • Free Speech
  • News
    • Breaking News
    • International News
    • Fake News
    • Exclusive
  • Politics
    • Gun Rights
    • The Swamp
    • Deep State
    • Supreme Court
    • 2020
    • 2022
    • 2024
  • Big Tech
    • Technology
    • Alt-Tech
  • Sports
  • Education
  • Rona’
SUBSCRIBE
  • Home
  • Culture
    • Christianity
    • Video Games
    • Marxism
    • Snowflakes
    • Free Speech
  • News
    • Breaking News
    • International News
    • Fake News
    • Exclusive
  • Politics
    • Gun Rights
    • The Swamp
    • Deep State
    • Supreme Court
    • 2020
    • 2022
    • 2024
  • Big Tech
    • Technology
    • Alt-Tech
  • Sports
  • Education
  • Rona’
No Result
View All Result
National File
SUBSCRIBE
Home Culture

Beyond Meat ‘Implodes’ As Consumers Lose Interest Even Amid Supply Chain Hurdles For Real Meat

As real meat becomes harder to find and more expensive, consumers are apparently still unwilling to try fake meat products from Beyond Meat

by Archive
October 22, 2021
in Culture, Economy, News
Beyond Meat ‘Implodes’ As Consumers Lose Interest Even Amid Supply Chain Hurdles For Real Meat
Share on FacebookShare on Twitter

Last Updated on October 22, 2021

Plant-based synthetic meat-like product manufacturer Beyond Meat’s stock price is down 45% over last year and 14% for the day after the company’s preliminary net revenue estimate for the third quarter missed the company’s previous planned number by around $30 million.

Early in the company’s history, the fake meat supplier boasted enormous success and was aided by media figures promoting its industry and class of products, meat-like products that do not come from animals.

RelatedPosts

McCarthy MIA as Capitol Police Stop Elementary School Kids from Singing National Anthem

Polling Proves DeSantis ‘Electability’ is a Myth

GROOMERS: US Department of Education Wishes Kids a ‘Happy Pride Month’

However, citing everything from COVID-19 and the Delta variant to “challenges in operations,” the Beyond Meat stock price is down nearly 45% today over last year, and 14% so far for the day, following disappointing news about the company’s third quarter revenues.

“Beyond Meat plunged 14% after reporting preliminary net revenue for third quarter of about $106 million,” ZeroHedge reported, noting that the company missed “the estimate of $134.3 million by about 30%, and a huge disappointment to the company’s prior guidance which was $120 million to $140 million.”

The company said “demand was impacted by broader ongoing macro and micro-economic factors” including COVID-19. It also blamed unspecified “challenges in operations that led to unfulfilled orders” and a “decrease in retail orders that persisted longer than expected from a Canadian distributor.”

According to ZeroHedge, “None of this mattered to investors who now see just round after round of excuses from the management team, which will soon be on the fake meat chopping block” unless the company’s sails are righted.

The disappointing news for the fake meat company comes even as the supply chain remains stressed and the economy remains plagued by enormous inflation under the Biden regime. With meat prices on the rise, it appears many Americans would rather pay extra for animal protein or do without it rather than try Beyond Meat’s synthetic plant-based protein products.

Tags: Beyond Meat

Related Posts

McCarthy Capitol
National Security

McCarthy MIA as Capitol Police Stop Elementary School Kids from Singing National Anthem

June 2, 2023
Polling Proves DeSantis ‘Electability’ is a Myth
2024

Polling Proves DeSantis ‘Electability’ is a Myth

June 2, 2023
GROOMERS: US Department of Education Wishes Kids a ‘Happy Pride Month’
Culture

GROOMERS: US Department of Education Wishes Kids a ‘Happy Pride Month’

June 1, 2023
Load More
Facebook Twitter Reddit Telegram RSS

Category

  • 2020
  • 2022
  • 2024
  • Alt-Tech
  • Big Tech
  • Borders
  • Breaking News
  • cartoons
  • China
  • Christianity
  • Civil Unrest
  • Climate Hysteria
  • commentary
  • Coronavirus
  • Culture
  • Deep State
  • Economic War
  • Economy
  • Education
  • Election Integrity
  • Elections
  • Exclusive
  • Fake News
  • Fake News Media
  • Feminism
  • Free Speech
  • Gun Rights
  • Hate Hoax
  • Human Trafficking
  • Immigration
  • Impeachment
  • International News
  • January 6th
  • LGBTQ
  • Life
  • lifestyle
  • Marxism
  • Movies
  • National Security
  • Nationalism vs. Globalism
  • News
  • op-ed
  • Opinion
  • Opioid Crisis
  • Politics
  • Radical Islam
  • Related Stories
  • Sex Crimes
  • Snowflakes
  • Soros
  • Sports
  • States
  • Supreme Court
  • Technology
  • The Hill
  • The Swamp
  • Video
  • Video Games
  • Violent Crime
  • Vote fraud
  • Voter Fraud
  • Voter Fraud Investigation
  • White House
  • Wholesome News

Recent News

  • McCarthy MIA as Capitol Police Stop Elementary School Kids from Singing National Anthem
  • Polling Proves DeSantis ‘Electability’ is a Myth
  • GROOMERS: US Department of Education Wishes Kids a ‘Happy Pride Month’

© 2022 NationalFile.com National File, LLC. Privacy. Corrections. About Us. All Rights Reserved.
Have any questions or suggestions? If you are having difficulty unsubscribing from our mail subscription please send an email here [email protected] Want to advertise with us? Please email: [email protected]

No Result
View All Result
  • Home
  • Politics
  • News
  • Culture
  • Coronavirus
  • Sports
  • 2020
  • Breaking News
  • Civil Unrest
  • International News
  • The Swamp
  • Big Tech
  • Deep State
  • Voter Fraud
  • Marxism
  • Free Speech
  • DONATE
  • SUBSCRIBE

© 2022 NationalFile.com National File, LLC. Privacy. Corrections. About Us. All Rights Reserved.
Have any questions or suggestions? If you are having difficulty unsubscribing from our mail subscription please send an email here [email protected] Want to advertise with us? Please email: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In