Non-meat (BYND) Q2 2022 earnings

Vegetarian sausages from Beyond Meat Inc, maker of vegan burgers, are displayed for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Besides meat on Thursday lowered its revenue forecast for 2022 and announced it would cut its workforce by 4%, citing economic uncertainty. The El Segundo, California-based company also … Read more

PepsiCo holds $550 million stake in power drink maker Celsius

Energy Drinks C Courtesy: Celsius Holdings PepsiCo on Monday announced a $550 million investment in the energy drink maker C Holdings as part of a long-term distribution agreement with a smaller company. Shares of Celsius jumped 8% in morning trading on the news, bringing its market value to $6.7 billion. Celsius is hoping to add … Read more

Coca-Cola (KO) Q2 2022 earnings

A woman drinks Coca-Cola near Playacar Beach in Playa del Carmen, Mexico. Artur Widak | NurPhoto | beautiful pictures coke Tuesday reported quarterly earnings and revenue that beat analysts’ expectations as the beverage giant’s sales recovered from the pandemic. Here’s what the company reported, compared to what Wall Street analysts surveyed by Refinitiv were expecting: … Read more