US EditionBeyond Meat Completely Destroyed
6 Articles
6 Articles
247wallst.com
ussanews.comBeyond Meat Completely Destroyed
Beyond Meat Inc. (NASDAQ: BYND) has entered a flat spin and is poised to be destroyed as it hits its bottom. In the most recent quarter, revenue dropped 13% to $70 million. The company lost a staggering $111 million, compared to $27 million in the same quarter a year ago. Projections for the current quarter put revenue at as little as $60 million. What started as a promising business in 2009 is now in ruins. Quick Read Beyond Meat Inc. (NASDAQ…
Brew Markets — Is Beyond Meat Beyond Hope?
Episode 63: Today, Ann examines what went wrong at Beyond Meat - tanking stock, briefly meme’d, dropped by McDonald’s… and what it might signal for the plant-based sector. Then we jump into earnings for On, the Swiss shoe company that’s setting race records - and look at why shares in Okla are up despite reporting a loss. Finally, Ann presents our CEO of the week: the man behind Metsera, the company that’s just 3 years old and already the tar…
Just over a month ago, the European Parliament decided that plant-based products can no longer be sold as "sausage" or "burger." Last month, Beyond Meat, the American meat substitute producer, also lost more than half its market value. While meat substitutes are becoming scarcer in stores, Colruyt launched "hybrid meat" in September: meat products supplemented with plants. What's going on? It's undoubtedly a sign of the times that...
Beyond Meat CEO says ‘plenty of fight left in us’ after gloomy Q3, unveils plan to ‘build a global protein company for tomorrow'
Armed with a “much improved balance sheet,” Beyond Meat aims to build a “global protein company for tomorrow” CEO Ethan Brown told analysts after another grim quarter. The company, which posted a 13.3% year-over-year (YoY) decline in net sales to $70.2 million in the third quarter and a net loss of $110.7 million, blamed “category headwinds” for its dire performance. However, Brown said Beyond is now in a position to move forward following recen…
Beyond Meat (NASDAQ:BYND) Shares Down 3.6% Following Weak Earnings
Beyond Meat, Inc. (NASDAQ:BYND – Get Free Report) shares were down 3.6% on Monday following a weaker than expected earnings announcement. The stock traded as low as $1.29 and last traded at $1.34. Approximately 103,492,909 shares changed hands during mid-day trading, an increase of 106% from the average daily volume of 50,349,477 shares. The stock […]
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
