Minneapolis plant-based food company Wicked Kitchen acquired as industry consolidates and slows [Yahoo! Finance]
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Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: Yahoo! Finance
Last week, the Minneapolis-based company was acquired by a Colorado startup looking to bring numerous plant-based brands under one roof. Ahimsa Cos. paid an undisclosed sum for Wicked and its plant-based seafood brands, Good Catch and Current Foods, to "help stabilize and shape the new landscape for the plant-based industry," CEO Matt Tullman said. "Ahimsa is a long-term investor because they're in it to take animals out of the food system," Speranza said. "That's a good investor to have because in this space you need patience." Plant-based food sales declined last year for the first time since tracking began in 2017, capping a rapid rise fueled by intense investor speculation built on an overestimate of how fast consumers would swap out meat for new lookalikes. After years of explosive growth driven by plant-based milks and brands like Beyond Meat and Impossible Foods, the category has leveled off at around $8 billion in annual sales. "For the market to see sustained growt
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BYND
Earnings
- 5/8/24 - Miss
BYND
Sec Filings
- 6/18/24 - Form 4
- 6/13/24 - Form 4
- 6/13/24 - Form 4
- BYND's page on the SEC website