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BYND - Kellogg Company: Victim Of Stunted Revenue Growth And Debt Bondage
December, 17 2020 11:45 AM
Beyond Meat Inc.
In the last 10 years, Kellogg's revenue has grown by less than 10%. Gross profit margins have dwindled due to high prices of raw materials and adverse weather conditions in agricultural-producing countries. Breakfast-cereal consuming population in the US is expected to grow from 283 million to 290 million in 2024. Kellogg's limited current assets are insufficient to execute rapid expansion and brand improvement plans are expected in 2021. For further details see:
Kellogg Company: Victim Of Stunted Revenue Growth And Debt Bondage
Stock Information
Company Name:
Beyond Meat Inc.
Stock Symbol:
BYND
Market:
NYSE
Website:
beyondmeat.com
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