Posted on 12/07/2022 9:17:56 PM PST by DoodleBob
...Its stock has slumped nearly 83% in the past year. Sales, which the company had expected to rise as much as 33% this year, are now likely to show only minor growth....
In late October, the company said it was laying off 200 people, or 19% of its workforce. And four top executives have departed in recent months, including the chief financial officer, the chief supply chain officer and the chief operating officer, whom Beyond Meat had suspended after his arrest on allegations that he bit another man’s nose in a parking garage altercation.
What investors and others are debating now is whether Beyond Meat’s struggles are specific to the company or a harbinger of deeper issues in the plant-based meat industry.
...
“At the category level, we’re seeing volumes for plant-based meats down 22 consecutive months now,” said John Baumgartner, a consumer food analyst at the financial institution Mizuho Americas....“We’re positive on the future for plant-based meat, but this is a 20- to 25-year story,” he said....
Some say the slowdown in sales is a product of food inflation, as consumers trade pricier plant-based meat for less-expensive animal meat. But others wonder if the companies have simply reached the maximum number of consumers willing to try or repeatedly purchase faux burgers and sausages.
...
...the Deloitte analysts said another problem might be resistance to a product that some segment of customers see as “woke” and linked to politically left-leaning ideas.
In August, when the Cracker Barrel restaurant chain stated on its Facebook page that it had begun offering the meatless “Impossible Sausage,” the post was flooded with thousands of comments from irate customers. “Go woke, go broke,” one wrote. “You just lost a ton of your base. You obviously don’t know your patrons.”
(Excerpt) Read more at seattletimes.com ...
I’m a proud,lifelong,omnivore. I’ve always loved vegetables (even as a kid),fruits,nuts,grains,dairy products *and* meat. Talk to any dentist and he/she will tell you that humans were *meant* to be omnivores.
They may just sneak insects and lab created food into your food supply without telling anyone except the chosen. It will eventually be discovered by project Veritas or revealed by a whistleblower but by that time, the sheep will say “gee we’ve been eating bugs for a long time and didn’t even notice it. They really are safe and tasty. Thanks Bill Gates”.
Biden could just mandate that we all have to eat plant-based meat.
Did they run out of beef and chicken broth as their secret flavor ingredient?
Oh no…I better run out and buy some fake beef…
Not if you get your meat and food direct from a local farmer.
Well, I never saw this coming.
Me at McDonald's...
"I'll take the Beyond McMeat Burger combo."
"JUST KIDDING! Give me the Quarter Pounder with cheese combo, sweet tea to drink, for here please."
I will never eat that garbage. Glad they are losing $$$$!
I’ll stick with real meat & enjoy every bite of every meal as I do now!
Carnivore for life!
You’re right, to a point. You can’t get things like flour, cooking oils, pasta, cereal, chips and snacks, coffee, sea food, prepared food, ect from a local farmer. Only good meat, fruit, and vegetables. You could survive on them, just like like the pioneers did, but it wouldn’t be a very tasty diet. Actually it would suck. It would cut down on American’s obesity though which is a plus.
Itd'd be worse if I had to order that frankenfood nonsense. Amen and awomen.
While no firm is perfect, a little bit of homework pays off. I won't buy store brand or agribusiness flour. Bob's Red Mill is great at this time.
One day they may add ze bugz to stretch out their offering.
Word will get around. Then I'll move on.
To a large extent, back in the day people didn't need to research their food because...well...it wasn't messing us up badly. Then junk like soy and polysyllabic chemicals became major ingredients.
Next thing you know it, autism and ADHD are rampant and gluten and nuts became poisons.
The medical industrial complex pushed drugs on kids. Many parents (in many cases who weren't red-pilled but love their kids) took the bait. A few of us free-thinkers changed our diets at great financial cost, and were laughed at or ridiculed by friends and family (we were homeschooling anyway so they though we were freaks already).
It (largely) worked for us red-pilled folks, but the wreckage on the other side of the fence in terms of children on Ritalin is criminal.
Shortly after mr. mm and I got married, we decided that if we could not pronounce the ingredients, we weren’t eating it.
There’s a slight extra expense for using real butter and real maple syrup, for example, but our reasoning is that this stuff was real food and our bodies knew what to do with it.
We’ve all been there. I truly understand why people throw alligators thru the drive-thru window.
My children all check ingredients when making certain purchases. If any food contains HFCS, it goes back on the shelves. That stuff is vile and is found in way too many products. Eating food as close to natural as possible, the way God made it, is the best for your body.
Also, women should avoid getting their nails, hair, etc. done when pregnant. Those chemicals pass through the body to the baby. Go with all natural shampoo, body wash, and lotion for the children. Far too many products contain endocrine blockers. Over time, it can mess up the endocrine system which drives sexual development.
Carnada - You are in the finals!
Melts in your mouth. And in your hand.
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