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However, we deem its risk from ESG issues as low. Beyond this, volatile input costs—particularly for cocoa, sugar, and dairy—may hurt Hershey's profits from time to time.
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The North America Meat Substitutes Market was valued at USD 2.6 billion in 2024 and is anticipated to grow to USD 6.6 billion by 2033, with a CAGR of 10.92% during the 2025-2033 period. Growing ...
Utah House Speaker Mike Schultz defends HB267, banning public unions' bargaining. Schultz claims the bill balances public employees' and taxpayers' interests, despite opposition. Opponents seek a ...
To ensure that farmers get their fair share, the EU Commission has made proposals to strengthen their bargaining power. The Commission wants to better enforce existing rules penalising late ...
Overall, Beyond Meat reported a 7.8% decrease in year-over-year net revenues to $73.7 million, beating Wall Street’s expectations for the quarter, according to Factset.
“Beyond IV represents a transformative step forward in delivering plant-based nutrition to the consumer in the form of meat,” said Ethan Brown, founder and chief executive officer of Beyond ...
Beyond Meat is also under pressure to reverse declining US sales. In the first nine months of 2023, the company’s US revenue dropped 34% on weak consumer demand.
So, Beyond Meat missed both expectations. In Q3, the company generated cash of $9 million running its operation, an improvement over the year-ago period, when it used cash of $34.6 million.
On Monday, Beyond Meat announced that its net revenue had fallen by 30.5%, which also led to its share price falling by 10%. This comes amid reports of a steady decline, or in the words of one ...
3 minute read Beyond Meat "Beyond Burger" patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City on Nov. 15, 2019. ANGELA WEISS/AFP—Getty Images ...