Can Beyond Meat Get Its Sizzle Back?
Beyond Meat (NASDAQ: BYND) just delivered a second-straight earnings report that contained almost no good news for investors. The plant-based meat giant announced weak growth, falling market share, and huge losses for the final quarter of 2021 and the wider year.
Management set the stakes just right in the conference call that followed when CEO Ethan Brown said, "The key question is whether this reduced growth rate is an aberration or a harbinger of things to come."
The company believes a modest rebound is on the way with help from the launch of several new Beyond-branded menu items at fast-food and restaurant chains. Should investors buy into that recovery idea following a terrible fourth quarter? Let's take a closer look.
Source Fool.com
