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Stock impact report

Beyond Meat looks for positives but hard to look past some big questions [Yahoo! Finance]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
tone last week – but there's no question the US plant-based meat business continues to face some significant questions about its prospects. Speaking to investors on Wednesday (8 May) when Beyond Meat reported its financial results for the first quarter, Brown described 2024 as a “pivotal year” for a business that is a long way from being one of the hot stocks on Wall Street since it listed five years ago. The heady days of 2019 have given way to a more downbeat mood about the real outlook for plant-based meat. Demand for alt-meat products has eased in a number of markets, not least in the US and the UK, two countries seen as being at the forefront of the development of the sector in recent years. The pressures facing suppliers can be seen in the number of businesses that have gone to the wall on both sides of the Atlantic, or the deals that have seen distressed assets bought out of administration. Beyond Meat published another quarter of declining sales on Wednesday. Revenues we Show less Read more
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