Image courtesy of Beyond Meat
Beyond Jerky is out. Millions in inventory and assets have been written off. A new pricing strategy that no longer focuses on price parity with conventional meat is in place. And Beyond Meat [hearts] Europe.
Those were the key themes from Beyond Meat’s discussion of its fourth quarter and full-year 2023 financial results, and the outlook for 2024, in a conference call with equity analysts on Tuesday.
Beyond’s sales and profits for 2023 in…