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Tag: Beyond Meat Inc

Impossible Foods is speeding up new product releases, CEO says

Impossible Foods CEO Pat Brown said Tuesday that the company is speeding up how quickly it can release new meat alternatives. “Not only is the pace of new product development getting faster, but we’re getting better at getting better. The whole innovation cycle is accelerating,” Brown said on CNBC’s “Squawk on the Street” on Tuesday. …

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Impossible Foods is launching meatless pork and sausage as it prepares for a global push

Impossible Foods, the company known for its vegetarian Impossible Burger, said Monday that it plans to launch meatless ground pork and sausage as the company turns its focus to international expansion in 2020. Impossible Sausage will debut later in January at 139 Burger King restaurants in Savannah, Georgia; Lansing, Michigan; Albuquerque, New Mexico; Montgomery, Alabama, …

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Chewy stock surges as online pet retailer brushes off lockup expiration

A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Chewy, the online pet retailer, gained more than 5% on Wednesday, as the company brushed off lockup expiration …

Chewy stock surges as online pet retailer brushes off lockup expirationRead More

Atomo, a Seattle start-up, is out to reverse-engineer the coffee bean

Coffee comes in many forms — hot, cold, flavored and decaffeinated. But the idea of coffee without the bean —well that’s something new. It’s called “molecular coffee.” Atomo, a start-up located just blocks from the famous Starbucks in Seattle’s Pike Place Market, said it’s reverse-engineered the coffee bean. And if you’re wondering why, you’re not …

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Burger King to expand meatless burgers in Europe and US

In this photo illustration, the new Impossible Whopper sits on a table at a Burger King restaurant on August 8, 2019 in Brooklyn, New York. Drew Angerer | Getty Images Burger King is doubling down on meatless burgers. The Restaurant Brands International chain announced on Monday plans to launch a vegetarian burger in more than …

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‘My focus is entirely on growing this business’

Beyond Meat CEO Ethan Brown told CNBC on Tuesday that the alternative meat producer is concentrating on disrupting the food industry rather than partnering with the sector’s giants. “My focus is entirely on growing this business” to a $40 billion company in terms of revenue, Brown said on “Squawk Box” — as the company’s shares …

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Yum Brands (YUM) earnings Q3 2019 fall short of expectations

A customer rides his bike in front of a Taco Bell restaurant in Novato, California. Justin Sullivan | Getty Images Taco Bell’s parent company Yum Brands reported quarterly earnings on Wednesday that fell short of analysts’ expectations after its GrubHub investment weighed on profits. Yum’s two other chains, Pizza Hut and KFC, missed Wall Street’s …

Yum Brands (YUM) earnings Q3 2019 fall short of expectationsRead More

Beyond Meat (BYND) earnings Q3 2019

Beyond Meat on Monday reported its first quarterly profit and topped analysts’ expectations for its fiscal third-quarter earnings and revenue. Despite the beat, shares of the company tanked as much as 15% in extended trading, before recouping about half of those losses. The stock, which has soared 321% since its initial public offering, closed Monday …

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An unintended consequence of meatless burger boom: Vegans lives got easier

Plant-based burgers weren’t created with vegans and vegetarians in mind. But they’re cheering for the trend anyway. In the United States, the percentage of vegans and vegetarians has remained relatively stagnant over the last 30 years, according to Gallup. A 2018 poll from the firm found that 5% of Americans identify as vegetarians and 3% …

An unintended consequence of meatless burger boom: Vegans lives got easierRead More

Impossible Foods seeks European approval of its plant-based burgers

Impossible Foods filed an application in the European Union that hints it is looking to make inroads in that market and expand outside the U.S. and Asia. The maker of plant-based burgers, known for its Impossible Burger, filed a request to gain authorization for the use of soy leghemoglobin in the EU, according to public …

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