Raising prices, Beyond Meat shrinks losses in second quarter

Beyond Meat got tough with customers and it is starting to pay off.

In the second quarter, the plant-protein burger and sausage maker made more money on less product sold. Stronger margins on lower volume is evidence that the company is making progress toward its goal of moving into the black, though that likely won’t occur this year, company executives said in a call with analysts.

“The significant reduction in promotional…