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BYND - McDonald's Growth In A Rebound Can Take It To New Highs
September, 19 2021 02:24 PM
Beyond Meat Inc.
2020 proved to be a challenging year, and while some headwinds to foot traffic have remained, revenues and earnings are surging. Revenues are reaching a multi-year high, with strengths in digital channels and limited time/celeb orders. Rollout of the MyMcDonald's Rewards should attract millions of more users and drive digital channel sales, a long-term growth opportunity. Labor and supply chain issues have had some impacts on operations, but margins have expanded still. For further details see:
McDonald's Growth In A Rebound Can Take It To New Highs
Stock Information
Company Name:
Beyond Meat Inc.
Stock Symbol:
BYND
Market:
NASDAQ
Website:
beyondmeat.com
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