Day: May 9, 2019

Beyond Meat priced its initial public offering at $25 and now the stock is up more than 200% in less than a week.  And while the S&P 500 closed down more than 1% yesterday, Beyond Meat closed the day up 6%

Beyond Meat, a maker of plant-based meat products is the new IT THING on Wall Street and sold at a supermarket and restaurant near you. 

Beyond Meat is also trailblazing a new secular movement away from animal protein.  Beef is loaded with saturated fat and many, many resources are needed to produce 1 lb of beef.  For example,   the total

This past week Tyson Foods posted better-than-expected second-quarter sales and earnings results due to higher volumes and improved operating margin in the beef, pork, and prepared foods segments.  And those operating margins should get a little better this year, thanks to the African swine fever that has wiped out 1 million hogs in China, Europe and Southeast Asia.

Source

“This is an unusual, perhaps unprecedented time of the protein industry,” Tyson Foods, Inc. (NYSE: TSN) CEO Noel White said on Monday’s second-quarter earnings call.“In my 39 years in the business, I’ve never seen an event that has the potential to change

SeaWorld Entertainment, Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. It also operates water park attractions in Orlando, Florida; San Antonio, Texas; San Diego, California; Tampa, Florida; and Williamsburg, Virginia.

SeaWorld reported their first quarter earnings this week. The company reported a loss that narrowed to $37.0 million, or 44 cents a share, from $62.8 million, or 73 cents a share, in the