Beyond Meat Inc. Stock News

The shares of Beyond Meat Inc (NASDAQ:BYND) are extending yesterday's losses, last seen down 2.7% to trade at $68.15, after a Bloomberg report revealed that Yum!

Photo by Spencer Platt/Getty Images Taco Bell, the restaurant known for having ground beef that''s utterly indescribable, reportedly told Beyond Meat that its version of carne asada wasnt good enough to serve. According to Bloomberg , the chain canceled a test product that featured Beyonds plant-based steak after samples failed to live up to its standards. The report doesnt make it clear what the company wasnt fond of was it the texture? The taste? Was it just too high-end for Taco Bell, seeming more like something youd find at a Chipotle rather than the restaurant known as the place you drunkenly get 2 AM takeout and NFTs ? Whatever the case, people on Twitter have been having an absolute field day with the news. "We already figured out how to make our stuff without Continue reading

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The plant-based meat leader just made a big move that could lead to better profitability.

In a highly interesting turn of events, Beyond Meat announces Tyson Foods veterans Doug Ramsey and Bernie Adcock will be joining the company as Chief Operating Officer and Chief Supply Chain Officer, respectively. The move marks a stunning reversal for Beyond Meat, which famously cut ties with Tyson just before the companys 2019 IPO. Though the reasons for the companies initial split remain unclear, the executive hires signal Beyond Meat is ready to begin a new chapter, and possibly rebuild some form of relationship with Tyson, the worlds second-largest meat processor. Beyond Meat states it is preparing to intensively scale up production of plant-based meat across the US, EU and China. As new members of Beyond Meats executive team, Ramsey and Adcock each bring decades of leadership experience at Tyson, and will help grow Beyond Meats operations, supply chain, and manufacturing as the company works to reduce costs. A Tale of Two Brands The latest hires come at a time when Beyond Meat has seen significant growth, having launched a dozen new products, and in just two years has signed partnerships with PepsiCo and Yum!

The plant-based meat leader just made a big move that could lead to better profitability.

Beyond Meat Inc. announced two new hires on Wednesday: Doug Ramsey as chief operating officer and Bernie Adcock in the newly-created role of chief supply chain officer. Both Ramsey and Adcock join from Tyson Foods Inc. where they each have 30 years of experience. Ramsey led the company''s poultry and McDonald''s business. Adcock, who will report to Ramsey, worked on Tyson''s supply chain and operations. Beyond Meat''s most recent earnings report contained a number of challenges, including supply chain disruptions and damage due to severe weather. Beyond Meat shares have slumped 42.6% for the year to date while the S&P 500 index have run up 24.7% during the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Doug Ramsey and Bernie Adcock join from Tyson Foods as Chief Operating Officer and Chief Supply Chain Officer as Beyond Meat further prepares to serve its global partners, customers, and consumers Doug Ramsey and Bernie Adcock join from Tyson Foods as Chief Operating Officer and Chief Supply Chain Officer as Beyond Meat further prepares to serve its global partners, customers, and consumers

Beyond Meat has poached two meat industry veterans from Tyson Foods for executive positions as it prepares for high-profile launches next year.

Beyond Meat Inc (NASDAQ: BYND) has appointed Doug Ramsey as its Chief Operating Officer. Doug previously spent three decades at Tyson Foods Inc (NYSE: TSN), where he oversaw the poultry and McDon

Beyond Meat Inc. BYND, +0.49% announced two new hires on Wednesday: Doug Ramsey as chief operating officer and Bernie Adcock in the newly-created role of chief supply chain officer. Both Ramsey and Ad

Nisa Investment Advisors LLC cut its stake in Beyond Meat, Inc. (NASDAQ:BYND) by 83.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,100 shares of the companys stock after selling 20,000 shares during the period. Nisa Investment Advisors LLCs []

Australian plant-based meat companies face the Senate Rural and Regional Affairs Inquiry into definitions of plant-based meat and other products this week, with chairperson Senator Susan McDonald former owner of Australian meat retailer Super Butcher pushing to prevent plant-based producers from using terms like meat, beef, and chicken. Described by The Australian as avowedly pro-coal, Senator McDonald was appointed to the board of Beef Australia in 2016 and is now chairing the senate inquiry. Representatives of US manufacturers Impossible Foods and Beyond Meat, as well as Australian companies v2food and Deliciou were present to defend the plant-based meat cause. The Australian Red Meat Advisory Council a powerful lobby group in the country famous for its meat consumption recently commissioned a survey claiming that consumers were being misled by the way meat alternatives are labeled and packaged. However, plant-based producers were backed up by the ACCC (Australian Competition & Consumer Commission) and Food Standards in Australia which refuted the meat lobbys findings.

Beyond Meat has poached two meat industry veterans from Tyson Foods for executive positions as it prepares for high-profile launches next year.