
Struggling Beyond Meat Extends Debt Maturity with Exchange Offer, But Massive Dilution Hits Stock
Beyond Meat traded debt for new shares and notes to gain time, but the resulting massive dilution caused the stock to plummet by as much as 46%.
Beyond Meat traded debt for new shares and notes to gain time, but the resulting massive dilution caused the stock to plummet by as much as 46%.
Activist investor Starboard Value takes position in Keurig Dr Pepper after its €15.7B JDE Peet's acquisition announcement triggered 25% stock decline and investor concerns.
PepsiCo beat Q3 profit and sales goals, despite lower overall profit and falling product volumes. CFO Jamie Caulfield is retiring and being replaced by Walmart exec Steve Schmitt, effective Nov. 10.
Constellation Brands' Q2 profits beat analyst forecasts, causing shares to rise. Despite cutting their full-year outlook due to reduced spending by Hispanic customers, the company leads the U.S. beer market.
Jefferies downgraded Dollar Tree due to margin pressure, rising costs (inflation, tariffs), and eroding differentiation, predicting lower 2026 earnings.
Celsius stock got a big upgrade ($70 target). The brand is growing again, and Alani is expected to boost sales via the new Pepsi deal.