Beyond Meat: In Spite Of Improving Gross Margins, There's Little To Cheer Here
BYNDBeyond Meat(BYND) Seeking Alpha·2024-08-13 21:47
Sundry Photography Q2 has been an unduly strange earnings season, in which we saw shares of some of the most infallible titans correct, while underdogs that have long been abandoned by mainstream investors rallied on better-than-expected results. Beyond Meat (NASDAQ:BYND) is one of these stocks, as the plant-based meat vendor reported the benefits of price hikes in driving up the company's long-ailing gross margins. Despite the feeble post-earnings rally, shares of Beyond Meat remain down more than 25%  ...