Photo courtesy of Beyond Meat
Beyond Meat’s fourth quarter and full-year 2022 financial results were not, objectively speaking, anything to crow about, but the bad news had a sugar coating.
And after the company’s shift in strategy, announced in October, to a cash flow-first approach, the markets welcomed those glimmers of success in financial discipline that the numbers offered.
Beyond Meat on Thursday reported revenues in the fourth quarter of 2022 of $79.9 million, a drop of 20.6%…