Beyond Meat Reports Deepening Losses Amid Declining Plant-Based Demand
Beyond Meat reports $110.7M Q3 loss as sales drop 13% to $70.2M. Asset impairment charges, weak U.S. demand, and category headwinds weigh heavily on plant-based meat company.
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Diageo Hires "Drastic Dave" Lewis to Lead Major Turnaround
Spirits giant Diageo, facing high debt and tariffs, taps former Tesco CEO Dave Lewis (known for his successful Tesco turnaround) to revive growth and revitalize major brands like Johnnie Walker and Guinness.
Tyson Q4 Profit Jumps; Beef Faces $600M Loss, Trump Scrutiny
Tyson Foods (TSN) reported growth in sales and adjusted profit for Fiscal 2025, driven by strong Chicken and Prepared Foods segments, despite major losses in Beef due to severe cattle shortages and rising prices.
TreeHouse Foods Goes Private: Key Details on the $2.9 Billion Acquisition
TreeHouse Foods is acquired by Investindustrial for $2.9B. Shareholders receive $22.50 cash per share and a CVR linked to antitrust litigation proceeds.
Beyond Meat Delays Q3 Earnings Report Due to Accounting Weaknesses
Beyond Meat postpones Q3 earnings to Nov. 12 citing "material weakness" in internal controls and uncertainty over asset impairment charges. No changes to past financials expected.
Monster Beverage’s Ultra Line Powers Strong Q3 Growth
Monster Beverage’s sugar-free Ultra line drives a 17% sales jump and record $2.2 billion in Q3 revenue, with global expansion and new products fueling growth.