Analysis: Beyond Meat Earnings Indicate Alt-Meat Category in Trouble
Beyond Meat reported third quarter earnings on Wednesday afternoon, and they were disastrous. Revenue declined 22.5% year-over-year … and that wasn’t even the worst news.
Beyond Meat reported third quarter earnings on Wednesday afternoon, and they were disastrous. Revenue declined 22.5% year-over-year … and that wasn’t even the worst news.
Tattooed Chef founder Sarah Galletti has noticed increasing demand for convenient, healthy, ready-made plant-based foods.
What the stock market is indicating in 2022 is that plant-based stocks aren’t likely to displace traditional offerings – only complement them.