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Beyond Meat sales drop as fast-food trials flop; McDonald’s is ‘McDone’ with plant burger
Posted on 8/5/22 at 7:38 am
Posted on 8/5/22 at 7:38 am
quote:
Beyond Meat’s sales have fizzled rather than sizzled after fast-food trials of its product had customers asking, “Where’s the beef?”
McDonald’s is the latest fast-food giant to complete a trial of a Beyond Meat plant-based product (the McPlant burger).
JPMorgan Chase & Co. analyst Ken Goldman released a market research note that indicated the product was being broadly discontinued in the U.S. last Thursday. The two companies signed a three-year global distribution deal in 2021.
Mr. Goldman, who spoke with employees at 25 McDonald’s locations, wrote that “Not surprisingly, the reason sometimes being cited is that the product did not sell well enough” and that the product was “McDone” in the U.S., according to The Fly, a financial news site.
Other trials at Panda Express and Yum! Brands (KFC, Taco Bell, and Pizza Hut) have also ended without a subsequent product launch. Beyond Meat products at Dunkin’, Hardee’s, and A&W have been discontinued after launching.
“You’re not going to change cultural tastes overnight. Recruiting your next phase of consumers requires more innovation and better-tasting products,” John Baumgartner, an analyst for the Japanese bank Mizuho, told Reuters.
Beyond Meat cut 40 jobs Wednesday in an effort to save money before it burns through all of its remaining cash. In 2022, its stocks have fallen by almost 50% and fell by a similar amount in 2021.
Beyond Meat sales drop
Guess cow farts are here to stay and keep causing "climate change". Bill Gates and his man boobs really wanted us plebs to eat some soy burgers.
Bill Gates Wants Us to Eat 100% Synthetic Beef
This post was edited on 8/5/22 at 7:46 am
Posted on 8/5/22 at 7:39 am to stout
so, people don't really want fake meat? huh!?
Posted on 8/5/22 at 7:40 am to stout
Wait…
Mr. Goldman works as an analyst for JPMC? He need to apply at Goldman asap!!
Mr. Goldman works as an analyst for JPMC? He need to apply at Goldman asap!!
Posted on 8/5/22 at 7:40 am to stout
Who is the intended audience for that crap? Why do companies keep trying it?
Posted on 8/5/22 at 7:41 am to stout
$1 plant based burger would take off.
Posted on 8/5/22 at 7:41 am to CarolinaGamecock99
quote:
Who is the intended audience for that crap?
man buns and multicolored hair folks
Posted on 8/5/22 at 7:42 am to CarolinaGamecock99
quote:
Who is the intended audience for that crap? Why do companies keep trying it?
Liberals that believe climate change is man-made?
Posted on 8/5/22 at 7:42 am to stout
Crazy that fast food customers aren’t the target demographic for fake meat, who saw that coming
Posted on 8/5/22 at 7:42 am to CarolinaGamecock99
Because after the great reset plant based “meats” and bugs are all that will be available to the plebes.
Posted on 8/5/22 at 7:43 am to 21JumpStreet
quote:
$1 plant based burger would take off.
Yeah for liberals. And when nobody can afford real meat which is their ultimate goal
Posted on 8/5/22 at 7:44 am to stout
Burger King slipped in fake meat and we were mad at our kid for not eating his food. Then we tried and it tasted like poison.
The worst part is:
-Now my son has ingested this GMO Frankofood
-Burger King gets to act like they are actually using the product because they are sneaking it in
I would not eat this shite if they paid me to do it.
The worst part is:
-Now my son has ingested this GMO Frankofood
-Burger King gets to act like they are actually using the product because they are sneaking it in
I would not eat this shite if they paid me to do it.
This post was edited on 8/5/22 at 8:18 am
Posted on 8/5/22 at 7:44 am to Ed Osteen
quote:
Crazy that fast food customers aren’t the target demographic for fake meat,
Yea if I want to shite on myself after eating fast food I will stick with Taco Bell
quote:
One ingredient which stands out to us is methylcellulose, which is a laxative. It’s used as a thickening agent in food products, but we find it to be a strange choice. There are other thickeners which aren’t primarily laxative in nature. It’s a safe ingredient but one we’d recommend avoiding due to potential discomfort.
Posted on 8/5/22 at 7:45 am to stout
So, the market DOES affect what is sold.
Purchasing power vs. mandates. Hmmm
Purchasing power vs. mandates. Hmmm
Posted on 8/5/22 at 7:45 am to CarolinaGamecock99
People who believe that protein is bad. You know, dipshites.
Posted on 8/5/22 at 7:46 am to MorbidTheClown
quote:
man buns and multicolored hair folks
So people unlikely to be going to McDonald's in the first place. Got it.
Posted on 8/5/22 at 7:50 am to stout
What makes ZERO sense to me is ALL these companies already operate in countries with high vegetarian populations. Instead of researching fake burgers why not just offer a veggie option from the Indian or Other foreign McDonald's?
The McDonald's in India don't even have burgers on the menu.
The McDonald's in India don't even have burgers on the menu.
Posted on 8/5/22 at 7:51 am to CarolinaGamecock99
quote:The ESG crap pushed by the major financial institutions and the WEF isn’t a conspiracy theory.
Why do companies keep trying it?
It is very much real.
Posted on 8/5/22 at 7:55 am to MorbidTheClown
quote:
so, people don't really want fake meat? huh!?
It's not so much that.
It's that there's no real health benefit versus real meat. Just as much (if not more) fat in those fake ones because of all the stuff they add to make it taste and "feel" like meat.
Plus, they are more expensive than a beef burger and when money's tight, that's a problem.
Finally, it's a product aimed at a demo that is largely non-meat eaters anyway and they're not inclined to add to the bottom line of fast food burger joints.
This post was edited on 8/5/22 at 8:01 am
Posted on 8/5/22 at 7:58 am to stout
I still don’t understand the point of this other than trying to force it on meat eaters.
Why would a vegan eat something that tasted and resembled meat? What’s the point of that? Vegetables are actually good, but so is crispy pork.
Why would a vegan eat something that tasted and resembled meat? What’s the point of that? Vegetables are actually good, but so is crispy pork.
Posted on 8/5/22 at 8:16 am to dgnx6
quote:
Why would a vegan eat something that tasted and resembled meat? What’s the point of that? Vegetables are actually good, but so is crispy pork.
Not sure if serious.
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