[ad_1]
Beyond Meat (BYND) exceeded analysts' expectations in its quarterly earnings report.
This was the first press release issued by the company in May 2019.
"We are very pleased with our successful IPO in May and our strong first quarter financial results which, in our view, demonstrate the desire of traditional consumers to purchase herbal meat products in the US. And the world, "said Ethan Brown, Beyond Meat. President and CEO.
"Our team has continued to grow in the retail and foodservice sectors, while we are seeing widespread growth in the first quarter, and for the future, we believe we are on track. the point of achieving the growth that Beyond Meat is capable of. We have focused on efforts to increase brand awareness, expand our distribution channels, launch new innovative products and invest in our infrastructure and our ability to serve a global market. robust global market for herbal meats, "continued Ethan Brown.
Watch the video above to find out which are the three biggest takeaways of Beyond Meat's first earnings call.
Related. Beyond the meat m stumped for the moment
Tasting test: our journalists try the Beyond Meat Burger business model
Editor's Note: This story has been updated.
[ad_2]
Source link