{"id":1994677,"date":"2023-08-08T18:47:02","date_gmt":"2023-08-08T22:47:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/beyond-meat-revenues-dip-30-percent-due-to-weak-demand-for-vegan-food\/"},"modified":"2023-08-08T18:47:40","modified_gmt":"2023-08-08T22:47:40","slug":"beyond-meat-revenues-dip-30-percent-due-to-weak-demand-for-vegan-food","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/beyond-meat-revenues-dip-30-percent-due-to-weak-demand-for-vegan-food\/","title":{"rendered":"Beyond Meat&#8217;s sales drop by 30% as demand for vegan food weakens."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbeyond-meat-revenues-dip-30-percent-due-to-weak-demand-for-vegan-food%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1994677&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Plant-based \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-to-show-lockdowns-are-killing-more-people-than-the-virus\/\" title=\"How To Show Lockdowns Are Killing More People Than The Virus\">meat<\/a> company Beyond Meat sees revenues decline<\/h2>\n<p>Plant-based meat company Beyond Meat has experienced a significant\u2063 decline\u200d in revenues during the second quarter of 2023. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/foxconns-july-sales-drop-1-23-y-y-q3-outlook-better\/\" title=\"Foxconn's July sales decline by 1.23% YoY, but Q3 outlook improves.\">company attributes<\/a> this decline to weak demand, particularly from the United States.<\/p>\n<p>According to\u200c a press release on August 7th,\u2062 net \u2064revenues for Q2 amounted to $102.1 million, \u200creflecting a 30.<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/beyond-meat-revenues-dip-30-percent-due-to-weak-demand-for-vegan-food\/\" title=\"Beyond Meat's sales drop by 30% as demand for vegan food weakens.\">5 percent drop compared<\/a> to \u200cthe previous year.<\/p>\n<h3>Blaming weak demand for the decline<\/h3>\n<blockquote>\n<p>&#8220;The decrease in net revenues can be attributed to the weak demand we have been experiencing, especially in\u200c the United States,&#8221; stated the company in their press release.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Plant-based meat company Beyond Meat reported a 30.5% decline in Q2 2023 revenues, attributing it to weak demand, mainly in the US. Net revenues for the quarter reached $102.1 million, as stated in an Aug. 7 press release. The company expressed concern over the decrease in demand but did not provide further details.<\/p>\n","protected":false},"author":186,"featured_media":1994678,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-1994677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1994677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1994677"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1994677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1994678"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1994677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1994677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1994677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}