Beyond Meat’s IPO Triumph Fades into Penny Stock Status
Beyond Meat’s journey appeared promising six years ago, as alt-protein sales surged, pushing the company’s share price above $230 after its IPO. However, the scenario...
Tag : Beyond Meat
Beyond Meat Shares Tumble as Debt Exchange Offer Announced
Beyond Meat’s shares have taken another significant hit as the loss-making alt-protein company launched a crucial debt swap and equity exchange. Investors now have the...
Beyond Meat Brings in External Advisor to Support Turnaround Strategy
Beyond Meat has engaged an external adviser to revitalize its struggling alternative meat business, as the company faces a notable decline in sales alongside workforce...
Beyond Meat Removes ‘Meat’ from Its Name
Loss-making Beyond Meat is reportedly ditching ‘Meat’ from its corporate name, potentially revitalizing sales. Ethan Brown, founder, president, and CEO of the US-based meat-alternatives producer,...
Beyond Meat Navigates a Risky Landscape Amid Economic Uncertainty
One must wonder how much longer loss-making Beyond Meat can navigate the challenges posed by muted demand for plant-based proteins, especially as economic uncertainty in...
Beyond Meat aims to achieve margin progression through pricing strategies
Beyond Meat is anticipating improved gross margins due to US price increases and reduced promotional spending. The group’s margin rose to 14.7% in the second...
Private label brands gaining ground over US food volume share
The US food industry continues to see a shift towards private label products over branded consumer foods. According to analysis by US investment bank AllianceBernstein,...
Beyond Meat in discussions with bondholders about restructuring
Beyond Meat, a meat-alternatives producer, is currently in discussions with bondholders to reorganize the company’s debt, as reported by The Wall Street Journal. The bondholders,...
Beyond Meat reduces operations but maintains optimistic outlook in Europe
Last year, the announcement of a 30.5% drop in net revenue for US-based plant-based meat company Beyond Meat triggered an existential crisis within the plant-based...
Beyond Meat foresees continued sales struggles as weak demand persists in the USAlternatively: Beyond Meat anticipates ongoing sales challenges amid persisting weak demand in the US
Beyond Meat reported declining revenue for another quarter, indicating lower sales in 2024 due to “weak” demand in the US. Net revenue decreased by 7.8%...