Beyond Meat (BYND) is looking to “keep up.” On Tuesday, the plant-based meat maker — desperate for a Wall Street rebrand — revealed that reality TV icon and billionaire entrepreneur Kim Kardashian will serve as the its “chief taste consultant,” in addition to starring in a new campaign focused on the brand’s mission of health and sustainability. The company, which saw shares pop on the news before sinking as much as 9% in early trading, has struggled to maintain its initial pace of growth… Source link
Read More »Amazon Q1 earnings top estimates, revenue up 44% year-over-year
Amazon (AMZN) reported better-than-expected first-quarter results on Thursday, with quarterly revenue surging past $100 billion again. Here’s what the company reported in its fiscal first-quarter results, compared to consensus estimates compiled by Bloomberg: Revenue increased 44% to $108.5 billion in the quarter versus $75.5 billion in the same quarter a year ago. During the first quarter, Amazon’s core online stores business saw its net sales grow 44% to $52.9 billion compared to $36.65… Source link
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