Beyond Meat’s (NASDAQ NDAQ : BYND) most recent earnings call released on November 9, 2022 undoubtedly disappointed its shareholders. Its net revenue dipped 22.5% to $82.5 million, compared to last year, and its gross profit showed a loss of $14.8 million. And its stock price has dipped around 80% in the past year, and it
Food & Drink
The Agricultural Retailers Association held its annual meeting in San Diego from November 29 to December 1st. This year marks the organization’s 30th anniversary and this year’s theme was “Navigating the Channels of Ag Retail.” There were 650 registered attendees. Change was a common theme throughout the presentations manifested in the disruptive environment driven by
In an exclusive excerpt from Raw Deal, investors see companies like Beyond Meat and Impossible Foods as a way to help save the planet. The problem is, they also want to get rich. Instead, they may die trying. Climate change has created a very real existential threat to the global food system, which, at current
If “the way to a man’s heart is through his stomach”, as the old adage says, I might be the man in queston. As the years have gone by, I’ve been prone to giving and receiving experiences rather than things, and culinary experiences are almost always the best of them. So, if you’re looking to
Free Finds is presented by TurboTax. Revonah Pretzels in Hanover, PA makes 5 million pretzels per year. They hand-make pretzels in house and offer free tours to the public. You can see all steps of the process and also taste samples. Start for free at https://turbotax.intuit.com/ —————————————————— #Shop #Pretzels #FoodInsider INSIDER is great journalism about
Drew Barrymore is not the kind of woman to lend her name to a brand and consider the job done. In fact, in the year since becoming Quorn’s Chief Mom Officer she’s been the company’s biggest champion and collaborator. “I love the product,” Barrymore tells me, emphatically. “I also think that a lot of vegan
New York City may be the best place to be to ring in a new year, but finding a place to celebrate is serious business. Cue the ball drop, fireworks, and all the champagne and caviar you can imagine. If you’re staying outside of Times Square, here’s where to dine, drink and party as we
Chris Sayegh is elevating cannabis-infused food with high-end dining. As The Herbal Chef, he adds the proper dosage of THC into his food, which he claims gives diners a euphoric feeling without feeling too high. Insider producer Joe Avella visited Chris to learn how he makes a few of his signature cannabis-infused dishes. For more,
Succeeding in the crowded craft beer landscape requires equal parts grit, passion, luck, and showmanship. It’s almost as if brewers are on display in the middle of a large wrestling ring surrounded by a rowdy crowd whose attention they need to capture. In one corner looms big beer, the villain, with all its money and
Intelligent Foods has acquired Gobble creating a juggernaut with Sun Basket and Pruvit. Sun Basket’s acquisition by Pruvit under Intelligent Foods (previously PSB holdings) last year landed at $1.3 billion with Gobble’s acquisition in the same nine-figure ballpark. Although Gobble, Sun Basket and Pruvit will continue to exist as separate brands under the Intelligent Foods
When you look at the startup opportunities in the Consumer Packaged Goods (CPG) industry, it seems like they are everywhere. Despite experiencing a slow-down in growth over recent years, the CPG industry is still one of the largest sectors in the USA, valued at approximately $2 trillion per year according to Investopedia. CPG products are
On July 20, 2022, the latest innovation in the wine industry dropped onto the market. Wine in a box, or rather, a 100% recyclable cylinder, launched as Juliet Wine. What first grabbed my attention, aside from the unique format, was the branding and design. Gorgeous rich colors in butter yellow and cobalt blue, eye-catching gold
Plastic waste is a huge environmental issue and also a potential health concern because of related pollution with microplastics and nano-plastics. Around 90% of the plastic that is theoretically recyclable isn’t actually handled that way because of a lack of sorting options, contamination issues, and economics that favor the use of virgin plastic. The scale
Back in the day, having an engraved biz card was a sign of success, then came the Amex Black Card, then the 80s hit with Crystal Champagne, Absolut Vodka, Porches, and designer everything. All became showy signs of status – not necessarily success itself. But simply a sign of status. Fast forward to 2022 and
Patrons looking to dine at the Stage Deli, Carnegie Deli or Fine & Schapiro in New York City, all noted Jewish delis known for pastrami and corned beef sandwiches, are out of luck. They shuttered between 2012 and 2020. The Jewish Deli has, in fact, become something of an endangered species. Yet the New-York Historical
They ‘preach to the choir’ and reassure the health-conscious — but don’t get through to those who need it the most As the obesity crisis continues to worsen, the White House Conference on Hunger, Nutrition & Health, which convened in September, is proposing a series of remedies. One of them is a front-of-package (FOP) labeling
Steve’s Authentic Key Lime Pie in Red Hook, Brooklyn, has been serving up eclectic versions of the classic key lime pie since 1994, including its trademarked “Swingle.” We went behind the scenes to learn how Steve makes his iconic Swingle™ from oven to freezer, before covering them with rich, dark Belgian chocolate. For more, visit:
Share to Facebook Share to Twitter Share to Linkedin Jimmy Donaldson is the 24-year-old mega-YouTuber behind MrBeast, and his spinoff burger chain, MrBeast Burger. After becoming the country’s fastest-growing restaurant brand, MrBeast Burger is expected to bring in $100 million in sales this year, from 1,700 virtual, delivery-only locations and just one full-service restaurant, located
The road to entrepreneurship is not linear. Jillian Levin who is known on the internet as Jilly Hendrix, took on the roles of comedian, DJ, viral meme creator, and brand consultant before she invested in startups and became a founder. Oozing with sarcasm, balanced by an unusually sensible demeanor, the now founder and CEO of
We tried making fancy chocolate desserts alongside “Nailed It” Chef Jaques Torres. Jacques, aka Mr. Chocolate, has been in the chocolate industry for more than 40 years. He teaches classes to beginner chocolatiers on Wednesdays and Saturdays at Choco-Story in NYC. See more from Mr. Chocolate: https://mrchocolate.com/pages/museum-classes FOOD INSIDER believes life should be a delicious
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