HomeLifestyleFood & BeverageMizuho On Beyond Meat (BYND) Sidelines, Cites "Limited Visibility" Following 4Q Report
Mizuho On Beyond Meat (BYND) Sidelines, Cites "Limited Visibility" Following 4Q Report

Mizuho's John Baumgartner walks through Beyond Meat's 4Q earnings, following a FY22 sales miss and "limited visibility" - which is keeping the firm on the sidelines. He also noted the plant-based meat maker's 4Q adjusted EBITDA missing big on reinvestment, and said gross margin is likely to bottom in 1Q. Tom White then discussed two different example trades in BYND, both neutral-based with different expirations.

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