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Beyond Meat loses another top exec after chief brand officer steps down

Jan. 12, 2023 2:14 PM ETBeyond Meat, Inc. (BYND)By: Clark Schultz, SA News Editor16 Comments

Meatless Burger Maker Beyond Meat"s Stock Price Continues It"s Skyrocketing Rise Since Its IPO In May

Drew Angerer

Beyond Meat (NASDAQ:BYND) Chief Brand Officer Beth Moskowitz is the latest high-ranking executive to leave the company over the last year, according to The Wall Street Journal.

Moskowitz reportedly told Beyond Meat (BYND) employees on Wednesday

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Comments (16)

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Dividend Pro profile picture
Vegetarians, you disappoint me. You are not consuming enough "fake meat" burgers. Who cares how much bad stuff is in them. Eat them!#$

Save the company. It is up to you now......Eat this "meat" even though you really do not like the smell or taste of real meat.

Oh, wait............
@Dividend Pro

It doesn't matter how many they eat because BYND loses money on each sale. If they ate more and BYND sold more the losses actually grow.
TommyIrish profile picture
@Clark158f1 observed "ate more and BYND [...] losses actually grow."

Yes, just unbelievably poor valley girl management.

Not on only are they a full-on cash furnace, they have managed to contrive themselves into a pretzel without EVEN gross margin.

Most incompetent food company in investment history...
Well another officer tasted the product I would say.
TommyIrish profile picture
This company had a C-suite "branding officer"?

The valley boys still live in Zootaria.

Not a question of if only when this company beats the dust.
@TommyIrish Get your metaphors straight. Do you mean "bites" the dust....which it won't. Lots of good choices from the company, as witnessed today at our local Wegman's. Not every Beyond Meat product will please every tastebud (just as some prefer Duke's over Hellmann's mayo, and vice versa), but there's still a large market out there for veg/vegan food....including by non-vegetarians/vegans. Look for consolidation....and Beyond Meat will be at or near the top when the dust settles (or is it "beats").
TommyIrish profile picture
@Pabst believes “Beyond Meat will be at or near the top when the dust settles”

The company looked like it was going to fail from the get-go. Now the jury is in; a dozen disappointing quarterly results accompanied by enormous cash burn, eventually they will run out unless they can sell a massive amount of newly minted stock.

Interesting “post-mortem” in the WSJ a couple of month. They had some initial growth because the expanded geographies and product line. Now they are stuck with a poorly run perennially unprofitable operation that never stops undelivering and with amateurish management that never stops over-promising. If you are betting on next month’s ER is a turning point you are betting against trend.

Stock goes to $20 I am buying back some of the puts that I have sold…
@TommyIrish Remember when GM and F were on "death watch"? Surviving and thriving now. I don't own BYND, but as a 31-year vegetarian I believe in the product (and others). Don't need to catch the bottom. Just waiting for stabilization.
BuffteethrBlog profile picture
Can we stop saying plant-based meat. There is no such thing, just like DRY water.
@BuffteethrBlog Ever hear of "coconut milk" or "almond milk"?
TommyIrish profile picture

Only thing in OUR fridge is Oat Milk, Coconut and Almond Milk, whether you call it millk or not. Even some Cashew Cheese. But, yes, zero fake meat!
TigerCub911 profile picture
And the stock still keep on going up? Yessss
Wonder if this guy also ate nose
Their CEO should step down yesterday! They've missed EVERY quarter for the past several years! :(
@magenta17 The CEO is one of those boy men whose gushing enthusiasm is reminiscent of infomercial pitchmen and glad-handing psychopaths
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