Beyond Meat: Pricey vegan alternative’s revenue falls 30 per cent as forecast slashed

Beyond Meat slashed its annual forecast for the year as its revenues plummeted 30 per cent due to customers falling out of favour with fake meat alternatives amid the cost of living crisis.  The American company, which supplies its vegan plant based burger patties to the likes of McDonald’s, saw gross profit slump to $2.3m [...]