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Did you saw their pack of ten burgers? $1.60 per burger, it's dirt cheap! https://www.fool.com/investing/2020/06/17/cheaper-burgers-lift-beyond-meat-stock.aspx
by The_rationalist 5y ago
Did you saw their pack of ten burgers? $1.60 per burger, it's dirt cheap!
https://www.fool.com/investing/2020/06/17/cheaper-burgers-lift-beyond-meat-stock.aspx https://www.fool.com/investing/2020/06/17/cheaper-burgers-li...
- v0x 5y agoPrice per patty is a strange metric. I get that they're prepackaged in patty form but the competing "traditional" product is ground beef which is typically sold in price per pound. Ground beef is readily available at sub-$3/lb. Plant-based ones like Beyond are over $6/lb. So Beyond is more than twice the price of ground beef. It gets even worse if you compare it against what I imagine is the most popular meat sold today, chicken breast; that's $1.75/lb in value stores like Sam's Club but is often on sale for less, around $1.50/lb if you pay attention to weekly ads[0]. So in that respect, Beyond meat can be more than four times as expensive! That may not mean a whole lot to many on this site who are earning six figures but for everyday folks it's a large consideration. [0] https://circulars-prod.cpnscdn.com/pdf-cache/Randalls/21_14_SOU_WC_RT/stores/01066.pdf https://circulars-prod.cpnscdn.com/pdf-cache/Randalls/21_14_...