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Our columnist looks at the post-shutdown landscape and finds too many players too satisfied with making just enough changes to get by.
Share: The plant-based meat provider Beyond Meat, Inc. (NASDAQ: BYND) served up a dismal Q1 earnings report yesterday, with a net loss was $27.3 million compared to net income of $1.8 million one year earlier and a gross profit of $32.7 million versus a $37.7 million figure from the previous year. Adjusted EBITDA was a loss of $10.8 million, or -10% of net revenues, compared to Adjusted EBITDA of $13.9 million, or 14.3% of net revenues, in Q1 2020. The company’s earnings were studied by a pair of analysts who offered very different conclusions based on the new data. Stephen’s Half-Full G...