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Breakingviews – Beyond Meat has SPAM envy
The idea of shelling out extra cash for sustainable products is all well and good, until the economy turns. Plant-based meat company Beyond Meat on Thursday posted a second-quarter net loss of $97.1 million, widening from a year ago, and lowered its revenue outlook for the full year. Founder and Chief Executive Ethan Brown recognizes that when wallets are pinched, going above for Beyond isn’t in the cards.

Breakingviews – Beyond Meat has SPAM envy

The idea of shelling out extra cash for sustainable products is all well and good, until the economy turns. Plant-based meat company Beyond Meat on Thursday posted a second-quarter net loss of $97.1 million, widening from a year ago, and lowered its revenue outlook for the full year. Founder and Chief Executive Ethan Brown recognizes that when wallets are pinched, going above for Beyond isn’t in the cards.