Dossier
Beyond Meat
Coverage of Beyond Meat in the Nexus archive.
- Beyond Meat: Q2 Earnings Snapshot
Beyond Meat Inc. reported a second-quarter net income of $16.4 million, reversing a prior-year loss, with revenue of $68.8 million. The company expects $60 million to $65 million in revenue for the current quarter, but its stock price fell to 61 cents from $3.10 a year earlier.
- Restaurants really don’t want to sell fake meat — and Beyond Meat is suffering
Beyond Meat's stock fell after the company offered a weak forecast, indicating a decline in the demand for meat alternatives. The restaurant industry is hesitant to sell fake meat, affecting Beyond Meat's performance. This decline may impact the company's future growth.