Beyond Meat Is The Biggest Beneficiary In The Growing Plant-Based Meat Market: Study [Forbes]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: Forbes
While the sizzle over its stock may have cooled somewhat amid growing competition, Beyond Meat, which went public last year, still looks to be the biggest beneficiary in the meat-substitutes section of the growing plant-based movement. Beyond Meat’s retail sales to consumers more than doubled, or 135% to be more specific, in the 52 weeks through early October, the fastest growing among the top 10 plant-based meat-substitute labels, market research firm IRI said in a report Friday. With that gain, Beyond Meat held 10% share of the market, ranking it No. 3, behind industry leader MorningStar Farms, Conagra’s MorningStar’s sales rose 3.8% to take nearly 41% of the market while Gardein’s fell 4% to 14% of the market during the same period, the data shows. Impossible Foods, maker of Impossible Burger that has gotten as much publicity buzz as Beyond Meat, didn’t rank in IRI’s top 10 list—which also includes Quorn and Field Roast. While meat sales have grown 2.5% since 2018, plant-based subs
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News
- Beyond Meat® to Report First Quarter 2024 Financial Results on May 8, 2024GlobeNewswire
- Goldman Talks With Private Credit for Beyond Meat Capital [Yahoo! Finance]Yahoo! Finance
- Goldman Talks With Private Credit for Beyond Meat Capital [BNN Bloomberg (Canada)]BNN Bloomberg
- Logistics Campus at former Allstate headquarters off to slow start, with plans for lab-grown meat plant on hold [Yahoo! Finance]Yahoo! Finance
- Beyond Meat, Inc. (NASDAQ: BYND) had its price target lowered by analysts at Mizuho from $7.00 to $6.00. They now have an "underperform" rating on the stock.MarketBeat
BYND
Earnings
- 2/27/24 - Miss
BYND
Sec Filings
- 4/22/24 - Form 8-K
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- BYND's page on the SEC website