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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Beyond Meat, Inc.    BYND

BEYOND MEAT, INC.

(BYND)
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Beyond Meat partners with supermarket Sainsbury to boost UK presence

10/01/2020 | 10:55am EST
FILE PHOTO: A woman sits next to a poster at the booth of plant-based food company Beyond Meat at VeggieWorld fair in Beijing

Beyond Meat said on Thursday it has rolled out its plant-based meat burger in 372 Sainsbury stores and 41 Gourmet Burger Kitchen restaurants, in a move to boost its presence in the United Kingdom.

Demand for plant-based meat has grown as customers turn increasingly health conscious and concerned about the environmental impact of industrial animal farming.

"The UK continues to be a crucial part of Beyond Meat's long-term growth strategy in Europe," Chief Growth Officer Chuck Muth said.

The company earlier this year secured partnerships with UK-based Ocado, Holland & Barrett, and JD Wetherspoon.

Thursday's announcement comes days after the plant-based meat maker said its burger patties - made from peas, mung bean and rice to mimic the taste of a beef burger - will be available at more than 2,400 Walmart Inc stores.

(Reporting by Shanima A in Bengaluru; Editing by Aditya Soni)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BEYOND MEAT, INC. 0.93% 138.53 Delayed Quote.83.24%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 0.07% 141.9 End-of-day quote.-2.53%
J D WETHERSPOON PLC 0.31% 1141 Delayed Quote.-30.73%
J SAINSBURY PLC 3.00% 216.4 Delayed Quote.-8.70%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 -0.25% 110.425 End-of-day quote.-11.29%
OCADO GROUP PLC 1.37% 2217.6 Delayed Quote.70.84%
WALMART INC. -1.39% 150.52 Delayed Quote.26.66%
ZR (ZR) - CBE (ELECTRONIC)/C1 -0.92% 12.415 End-of-day quote.-4.42%
All news about BEYOND MEAT, INC.
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Financials (USD)
Sales 2020 412 M - -
Net income 2020 -26,4 M - -
Net cash 2020 175 M - -
P/E ratio 2020 -313x
Yield 2020 -
Capitalization 8 680 M 8 680 M -
EV / Sales 2020 20,6x
EV / Sales 2021 13,2x
Nbr of Employees 472
Free-Float 87,7%
Chart BEYOND MEAT, INC.
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Beyond Meat, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends BEYOND MEAT, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 118,74 $
Last Close Price 138,53 $
Spread / Highest target 29,9%
Spread / Average Target -14,3%
Spread / Lowest Target -60,3%
EPS Revisions
Managers
NameTitle
Ethan Walden Brown President, Chief Executive Officer & Director
Seth Goldman Chairman
Sanjay C. Shah Chief Operating Officer
Mark Joseph Nelson Chief Financial Officer & Treasurer
Raymond J. Lane Lead Independent Director
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