Latest news with #RachelWolff
Business Times
5 days ago
- Business
- Business Times
Beyond Meat misses quarterly revenue estimates as plant-based demand weakens
BEYOND Meat missed Wall Street estimates for second-quarter revenue on Wednesday, hurt by weak demand for its plant-based meat products in the US amid ongoing macroeconomic uncertainty. Shares of the company, which also announced a 6 per cent reduction in its global workforce, fell about 4 per cent after the bell. US consumer demand for plant-based meat continued to decline this quarter amid skepticism over taste, processing and price. Macroeconomic uncertainty has pressured consumer spending in the US, prompting many to opt for cheaper animal protein. 'Consumers' growing concerns about processed foods are severely diminishing the appeal of Beyond Meat's product line, causing retailers and quick service restaurants to pull back sharply on orders,' Rachel Wolff, analyst at Emarketer, said. Retail sales of refrigerated plant-based meat alternative products in the US have fallen 17.2 per cent so far this year, and frozen plant-based meat alternatives have fallen 8.1 per cent, according to data from SPINS. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The El Segundo-based company said it will lay off 44 North American employees to cut costs, incurring a one-time charge of US$0.8 million to US$1.3 million. Revenue for the quarter ended June 28 fell nearly 20 per cent to US$75 million, compared with analysts' average estimate of US$82 million, according to data compiled by LSEG. It also reported a loss per share of 43 cents, compared with estimates of a 37-cent loss. The company withdrew its annual sales target, citing macroeconomic volatility, earlier in May. REUTERS
Yahoo
5 days ago
- Business
- Yahoo
Beyond Meat misses quarterly revenue estimates as plant-based demand weakens
By Neil J Kanatt (Reuters) -Beyond Meat missed Wall Street estimates for second-quarter revenue on Wednesday, hurt by weak demand for its plant-based meat products in the U.S. amid ongoing macroeconomic uncertainty. Shares of the company, which also announced a 6% reduction in its global workforce, fell about 4% after the bell. U.S. consumer demand for plant-based meat continued to decline this quarter amid skepticism over taste, processing and price. Macroeconomic uncertainty has pressured consumer spending in the U.S., prompting many to opt for cheaper animal protein. "Consumers' growing concerns about processed foods are severely diminishing the appeal of Beyond Meat's product line, causing retailers and quick service restaurants to pull back sharply on orders," Rachel Wolff, analyst at Emarketer, said. Retail sales of refrigerated plant-based meat alternative products in the U.S. have fallen 17.2% so far this year, and frozen plant-based meat alternatives have fallen 8.1%, according to data from SPINS. The El Segundo-based company said it will lay off 44 North American employees to cut costs, incurring a one-time charge of $0.8–$1.3 million. Revenue for the quarter ended June 28 fell nearly 20% to $75 million, compared with analysts' average estimate of $82 million, according to data compiled by LSEG. It also reported a loss per share of 43 cents, compared with estimates of a 37-cent loss. The company withdrew its annual sales target, citing macroeconomic volatility, earlier in May.
Reuters
5 days ago
- Business
- Reuters
Beyond Meat misses quarterly revenue estimates as plant-based demand weakens
Aug 6 (Reuters) - Beyond Meat (BYND.O), opens new tab missed Wall Street estimates for second-quarter revenue on Wednesday, hurt by weak demand for its plant-based meat products in the U.S. amid ongoing macroeconomic uncertainty. Shares of the company, which also announced a 6% reduction in its global workforce, fell about 4% after the bell. U.S. consumer demand for plant-based meat continued to decline this quarter amid skepticism over taste, processing and price. Macroeconomic uncertainty has pressured consumer spending in the U.S., prompting many to opt for cheaper animal protein. "Consumers' growing concerns about processed foods are severely diminishing the appeal of Beyond Meat's product line, causing retailers and quick service restaurants to pull back sharply on orders," Rachel Wolff, analyst at Emarketer, said. Retail sales of refrigerated plant-based meat alternative products in the U.S. have fallen 17.2% so far this year, and frozen plant-based meat alternatives have fallen 8.1%, according to data from SPINS. The El Segundo-based company said it will lay off 44 North American employees to cut costs, incurring a one-time charge of $0.8–$1.3 million. Revenue for the quarter ended June 28 fell nearly 20% to $75 million, compared with analysts' average estimate of $82 million, according to data compiled by LSEG. It also reported a loss per share of 43 cents, compared with estimates of a 37-cent loss. The company withdrew its annual sales target, citing macroeconomic volatility, earlier in May.
Yahoo
19-06-2025
- Health
- Yahoo
5 Things You Should Never Say To An Introverted Child
Uncomfortable situations are scary for everyone, but they're especially scary for children, who don't have much control over the situations they're put in. Parents or caretakers who want their kid to act a certain way in social situations often make these these situations even worse. This is particularly challenging for introverted kids, who are known to need alone time more than their extroverted counterparts. Not all introverts are quiet, and not all extroverts are gregarious, therapists say, which can make it tough to tell just where your child falls. But there are a few signs you can look out for. 'The classic extroversion-introversion distinction is that an introvert would be filled up by spending time alone recharging, rather than with people,' said Kate Roberts, a therapist at Self Space Therapy in Washington. Introverted children may become very tired and drained after social events, may opt to spend time alone or with one close friend instead of a group, probably don't like being the center of attention and may take more time to warm up to people, said therapist Rachel Wolff, the owner of Flow Wellness in Philadelphia. While society doesn't usually celebrate introversion, it's important that parents and caretakers do their best to celebrate it and not try to change it. Therapists told HuffPost there are damaging phrases you really shouldn't say to introverted children for many reasons. Here's what to know: Any introvert, whether young or old, has probably heard the phrase 'speak up more' or 'be friendly,' but these are two damaging comments, Wolff said. 'This can make a child think that whatever they're doing is wrong and it can suggest that your child should ignore their own comfort level to make someone else more comfortable' whether that's their parent or in certain social situations, Wolff said. In some cases, this is a direct route to people-pleasing, Wolff noted. 'Please don't tell your child that they're being rude by being quiet,' Wolff said. 'Again, this suggests your child is doing harm to others by listening to their own body.' It also portrays their shyness or introversion as something that's bad or shameful, said Roberts of Self Space Therapy. 'In a society that really privileges extraversion and sort of holds it up as an ideal, shyness can come off as weakness or disinterest or some kind of flaw that it really isn't,' she added. 'I'd stay away from any statements that could create labels of shyness or cause shame,' Wolff said. 'Why are you being so shy?' is an example of this, as is 'stop being so shy.' 'Both of these are calling out the child's shyness or quietness as a bad thing.' Wolff said. 'And being quiet is not a flaw, it's a personality trait.' 'I wish that [shyness] could be seen more as a different and really valuable way of experiencing the world,' Roberts added. 'I think oftentimes kids that are shy or introverted have these superpowers of observation, or they're taking in a lot of information about the people and places around them.' As mentioned above, society loves an extrovert. They're the popular kids in school, the main characters in movies and the life of the party, but that doesn't mean it's better to be an extrovert in society. Introverts live just as loving and fulfilling lives — even if popular culture doesn't make it seem that way. Because of this, Wolff said caretakers shouldn't say anything that insinuates that their introversion will limit them. So, any phrases like 'you won't get anywhere if you're that quiet' shouldn't be said to your introverted kid, Wolff said. Any time you question a child's natural behavior by asking, 'Why are you so shy?' 'Why won't you go talk to them?' or 'Why won't you just go play on that team?' is problematic, said KaiLi McGrath, a licensed master social worker with Thriveworks in Royal Oak, Michigan. Questions like this often create an immediate sense of judgement, McGrath said. 'And then create, especially in children, shame and guilt for the way that they are feeling,' she added. 'It's really looking at how is my child feeling in this moment, and what can I do to support that feeling, versus placing this immediate shame onto what they are experiencing,' McGrath said. Children are just tiny humans, explained McGrath, and this is often forgotten. '[Adults are] allowed to be quiet when you're tired... and we don't question that. We can explain, but they don't have the same words to say, 'I'm just really tired today,' or 'I don't feel like going out and running on the soccer field today,'' McGrath said. When an adult is tired, they can make the decision not to go to the gym — the same isn't true for a kid. 'And so it's really just taking us from a human perspective like, 'I feel this way sometimes, why wouldn't they?'' McGrath said, noting that children look to adults to develop their sense of self. 'So, if I'm constantly saying, 'Why are you so shy?' 'Why won't you go interact?'... I'm immediately telling them that it's wrong that they don't follow that social norm,' McGrath added. Instead of questioning your child's shyness or making them feel lesser just by being themselves, work on using affirming language. According to McGrath, statements like 'you are allowed to feel this way' and 'take your time' are important ways to teach a child to listen to themselves while also giving them permission to be quiet at a family dinner or take some extra time before warming up to a new friend on the playground. 'You are showing them that you trust them and their feelings and their needs, and they are able to trust themselves within that as well,' McGrath said. And this is a valuable skill to have at any point in life, she added. By allowing a child to feel what they need to or do what they need, they also learn to validate their emotions — something that many people, even adults, struggle with. If you are concerned that your child's shyness or introversion is getting in the way of their day-to-day life, lead with curiosity instead of judgement, said Roberts. 'Try and connect with the child, maybe asking about their experience, like, 'What's it like for you when you're around new people?' Because oftentimes, kids might feel really overstimulated when there's a lot of new people around, and the parent might not recognize that,' Roberts said. It'll only help your relationship with your child if you understand them more deeply and get on the same page about the things that are difficult for them, Roberts added. If your child needs some help understanding how they feel, check in with them during one-on-one time, Wolff said. 'More specifically, you can check in to see if your child is happy, content and more at ease during alone time, which may indicate that they're more introverted, or if they're feeling more sad, lonely and craving social connection, that could be a sign that they're more extroverted,' Wolff noted. You can also check in with them during social gatherings to see how they're social battery is doing, she added. 'Overall, knowing the difference between these can be helpful for making sure that parents are acknowledging and respecting a really important part of their child's internal experiences,' Wolff said. If your child does want to be alone sometimes or play alone, try not to jump to conclusions about their future social situations, Wolff said. 'If this is happening, your child is likely listening to their bodies, which should be encouraged and praised,' she added. What 'Only Children' Bring Up The Most In Therapy The 6 Issues People-Pleasers Bring Up The Most In Therapy Sorry, The Emoji-Over-Face Parents Might Be Right About Online Privacy
