Meat, Beyond Meat, and Free Beer
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 7 May 2019
⏱️ 15 minutes
🧾️ Download transcript
Summary
Tyson Foods gets ready to take on Beyond Meat. Emily Flippen analyzes the future of plant-based meat substitutes and shares why even free beer promotions won’t help SeaWorld Entertainment in a meaningful way. Plus, we discuss Planet Fitness’ plan to open 225 new gyms this year and how they’ve sustained 12 straight years of sales growth.
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Transcript
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| 0:00.0 | Thanks to Clear for supporting this episode of Market Foolery. |
| 0:02.4 | Instead of traditional ID documents, Clear uses your eyes and fingertips |
| 0:07.2 | to get you through security faster at airports and stadiums. |
| 0:10.7 | Get your first two months of Clear |
| 0:11.9 | Clear me.com slash fool |
| 0:16.0 | 2019 and use the promo code fool 2019. |
| 0:20.0 | It's Tuesday, May 7th. |
| 0:24.0 | Welcome to the Market Fullry. |
| 0:25.0 | I'm Chris Hill joining me in studio, Emily Flipping in the house. |
| 0:28.0 | Thanks for being here. |
| 0:29.0 | It's great to be here. |
| 0:30.0 | We're going to talk entertainment, we're going to talk health and wellness. Let's start with one of my favorite topics and that is of course food. |
| 0:38.0 | Specifically Tyson Foods, which is the parent company of Hillshire Farms, Jimmy. |
| 0:44.4 | They're in the meat business. |
| 0:45.9 | Tyson Foods making headlines because they announce this summer |
| 0:49.1 | they're going to roll out their own line of plant-based meat substitutes. |
| 0:53.7 | I did not realize that Tyson Foods was an early investor in Beyond Meat. |
| 0:58.8 | They were an early investor in Beyond Meat and eventually sold their steak because Beyond Meat said they didn't want a competitor invested in them. |
| 1:06.0 | And it's really interesting that they chose to announce this development now, right, after we've just seen the crazy week last week with Beyond Meets IPO. |
| 1:14.3 | So I think at this point investing into meat alternatives, especially when your company |
| 1:18.5 | like Tyson's, is just smart business. |
| 1:21.3 | Yeah, I mean we've talked before about like the marijuana industry and how well yes |
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