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Beyond Solvency: Beyond Meat Facing Bankruptcy?

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Posted By: Hazymac, 8/13/2025 2:45:02 PM

Faux meat-congealer Beyond Meat reported a bad third quarter last week; the company's sales were hurt in part "by weak demand for its plant-based meat products," according to Reuters, and that has The Street's Daniel Kline arguing the company is ripe for Chapter 11 bankruptcy. "The company does have time to fend off a Chapter 11 bankruptcy filing," Kline wrote, "but it also has limited, if any, prospects to meet its impending cash needs." The company has just $117.3 million in cash or equivalents, and debts of $1.2 billion. The company announced layoffs and other cost-cutting measures, along with expanded distribution of the products that people are less interested in buying.

Comments:

Lab grown meat is, or soon will be, illegal in Florida. Although legal, plant based meat isn't meat, either. When I want a burger, I get a burger.

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Reply 1 - Posted by: Starboard_side 8/13/2025 3:37:10 PM (No. 1990161)
Which banks allowed this company to accrue $1.2 billion in debt?
13 people like this.

Reply 2 - Posted by: wilarrbie 8/13/2025 3:49:50 PM (No. 1990167)
Betting the house on a product the vast majority turns it's nose up to was not a good idea. Borrowing a billion to change our minds via expansion wasn't very smart either.
6 people like this.

Reply 3 - Posted by: f64 8/13/2025 4:11:45 PM (No. 1990173)
#1 - The ones that de-banked the companies making gun and ammo. You know, the things used to procure real meat.
9 people like this.

Reply 4 - Posted by: Mizz Fixxit 8/13/2025 4:17:04 PM (No. 1990177)
Eighty percent ground beef. “It’s what’s for dinner” tonight. Grilled, thick and juicy.
6 people like this.

Reply 5 - Posted by: Strike3 8/13/2025 4:18:39 PM (No. 1990179)
Fake meat going the way of the EV? It sounds like Green is the new color of icky.
9 people like this.

Reply 6 - Posted by: slipstik 8/13/2025 4:49:26 PM (No. 1990189)
Why waste time on Chapter 11? Just go straight 7 and get it over with.
6 people like this.

Reply 7 - Posted by: jeffkinnh 8/13/2025 4:55:19 PM (No. 1990192)
Virtue signaling meat. "I eat really bad stuff to prove I am a good person." Heck, if one person can be a "they", Leftists can swallow anything.
4 people like this.

Reply 8 - Posted by: chagrined 8/13/2025 5:15:37 PM (No. 1990203)
Let them go under and good riddance. I'm sick of these nuts pushing faux food on the masses. I avoided Burger King until recently because I didn't want to be served an Impossible Whopper by accident. It's still on the menu, and I had to laugh when some people I know ordered it and didn't care for it at all. And what about bioengineered ingredients that are popping up in all sorts of food at the grocery store? Was there an announcement I missed by one or several companies, or the FDA for that matter, letting everyone know that phony food ingredients are being put in food? I think it is awful sneaky, if not underhanded, that all of these foods suddenly have bioengineered ingredients in them. If you're okay with fake ingredients, buy away! I'm spending a lot more time reading the ingredients on food I buy and won't be partaking of any of the fake foods.
3 people like this.

Reply 9 - Posted by: DVC 8/13/2025 5:36:03 PM (No. 1990209)
Who in their right mind would eat this dreck? Not me, even if it was free, and it is not.
2 people like this.

Reply 10 - Posted by: mossley 8/13/2025 6:38:27 PM (No. 1990238)
There's an Amish discount grocery chain not far from here. They get overstock, holiday-themed items that didn't sell, produce seconds, etc. They occasionally get a bunch of this fake meat stuff, and it sits in the coolers for ages before it's moved to the freezer before it's tossed. The one worker told me the food pantries won't take it as a donation because no one will eat it.
2 people like this.

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Posted by Hazymac 8/13/2025 2:45:02 PM Post Reply
Faux meat-congealer Beyond Meat reported a bad third quarter last week; the company's sales were hurt in part "by weak demand for its plant-based meat products," according to Reuters, and that has The Street's Daniel Kline arguing the company is ripe for Chapter 11 bankruptcy. "The company does have time to fend off a Chapter 11 bankruptcy filing," Kline wrote, "but it also has limited, if any, prospects to meet its impending cash needs." The company has just $117.3 million in cash or equivalents, and debts of $1.2 billion. The company announced layoffs and other cost-cutting measures, along with expanded distribution of the products that people are less interested in buying.
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