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Technology Stocks : Impossible Foods and Beyond
BYND 1.975+9.1%9:30 AM EDT

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To: Glenn Petersen who wrote (240)10/24/2022 5:14:02 AM
From: Labrador  Read Replies (1) of 249
 
BYND - This will be an impossible task - Not sure how the CEO can come out and suggest this-

President and CEO Ethan Brown commented, “Beyond Meat is implementing measures to drive more sustainable growth, emphasizing the achievement of cash flow positive operations within the second half of 2023. While we believe the current headwinds facing our business and category—including record inflation—are transient, our mission, brand, and long-term opportunity endure. To manage through the current environment and realize the opportunity ahead, we are significantly reducing expenses and sharpening our focus on a set of key growth priorities.”
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