Despite quarterly sales volumes taking a hit, CEO Ethan Brown told analysts in an earnings call Wednesday that the company’s price hikes led to profitability.
have hurt demand for its plant-based meatballs and steak. Quarterly sales volumes took a hit with the company reporting a 7.1% fall, compared with a 3.5% rise a year ago. Beyond Meat's customers ...
Beyond Meat's aggressive prices increases over the past few quarters to counter higher ingredient costs, which have now eased from their peaks, have hurt demand for its plant-based meatballs and ...